8 April 2022
TMT INVESTMENTS PLC
("TMT" or the "Company")
PDMR and Major Shareholdings
TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified that on 7 April 2022 Macmillan Trading Company Limited ("Macmillan"), owned by German Kaplun, Artemii Iniutin and Alexander Morgulchik, agreed to acquire 43,479 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of US$6.90 per Ordinary Share (" Share Acquisition") . The Ordinary Shares are to be acquired from Eclectic Capital Limited .
Following the settlement of the Share Acquisition:
· Artemii Iniutin will be interested in, in aggregate, 3,683,930 Ordinary Shares, representing 11.71% of the Company's issued ordinary share capital;
· German Kaplun will be interested in, in aggregate, 7,476,220 Ordinary Shares, representing 23.77% of the Company's issued ordinary share capital; and
· Alexander Morgulchik will be interested in, in aggregate, 3,300,959 Ordinary Shares, representing 10.50% of the Company's issued ordinary share capital.
Upon settlement of the Share Acquisition, which is expected to occur no later than 17 May 2022, TMT shareholdings of the members of the concert party, as defined in the City Code on Takeovers and Mergers (the "Code"), which currently exists in the Company, will change as follows (based on the latest information available to the Company and assuming no other changes in the shareholdings of the members of the concert party before the settlement ):
Shareholder (legal holder) |
Beneficial holder (if different to legal holder) |
No. of Ordinary Shares |
% of issued share capital |
Macmillan Trading Company Limited ("Macmillan") |
Alexander Morgulchik 45.05%,
German Kaplun 37.17%,
Artemii Iniutin 17.78% |
7,018,915 |
22.32% |
Wissey Trade & Invest Ltd ("Wissey") |
Andrey Kareev |
5,000,000 |
15.90% |
Ramify Consulting Corp. ("Ramify") |
German Kaplun |
4,728,576 |
15.03% |
Merit Systems Inc. |
Artemii Iniutin |
2,054,865 |
6.53% |
Eclectic Capital Limited ("Eclectic") |
Nika Kirpichenko |
1,756,521 |
5.58% |
Menostar Holdings Limited ("Menostar") |
Dmitry Kirpichenko |
1,790,000 |
5.69% |
Natalia Inyutina (Adult daughter of Artemii Iniutin) |
727,156 |
2.31% |
|
Artemii Iniutin |
|
380,877 |
1.21% |
Vlada Kaplun (Adult Daughter of German Kaplun) |
363,578 |
1.16% |
|
Marina Kedrova (Adult Daughter of German Kaplun) |
363,578 |
1.16% |
|
German Kaplun |
|
138,938 |
0.44% |
Alexander Morgulchik |
|
138,938 |
0.44% |
Total |
|
24,461,942 |
77.78% |
The total direct and indirect interest in TMT by the concert party's beneficial holders are now as follows:
Beneficial holder |
No. of Ordinary Shares |
% of issued share capital |
German Kaplun |
7,476,220 |
23.77% |
Andrey Kareev |
5,000,000 |
15.90% |
Artemii Iniutin |
3,683,930 |
11.71% |
Alexander Morgulchik |
3,300,959 |
10.50% |
Nika Kirpichenko |
1,756,521 |
5.58% |
Dmitry Kirpichenko |
1,790,000 |
5.69% |
Natalia Inyutina |
727,156 |
2.31% |
Vlada Kaplun |
363,578 |
1.16% |
Marina Kedrova |
363,578 |
1.16% |
Total |
24,461,942 |
77.78% |
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the transaction as described above.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
a) |
Name |
Artemii Iniutin |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR (Head of Investments) |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
a) |
Name |
TMT Investments PLC (the "Issuer") |
|||
b) |
LEI |
213800UGZLGI4R6YW964 |
|||
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||||
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of no par value each |
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|
|
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Identification code |
JE00B3RQZ289 |
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|
|
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b) |
Nature of the transaction |
An acquisition of 43,479 ordinary shares in the Issuer by MacMillan Trading Company Limited, a company in which Mr. Iniutin has a 17.78% interest. |
|||
c) |
Price(s) and volume(s) |
|
|||
|
|
Price(s) |
Volume(s) |
|
|
|
|
USD 6.90 |
43,479 |
|
|
|
|
|
|
|
|
d) |
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
Acquisition of 43,479 ordinary shares |
||||
|
|
||||
- Price |
USD 300,00 5.10 |
||||
|
|
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e) |
Date of the transaction |
7 April 2022 |
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f) |
Place of the transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
a) |
Name |
Alexander Morgulchik |
|||
2 |
Reason for the notification |
||||
a) |
Position/status |
PDMR (Head of Business Development) |
|||
b) |
Initial notification /Amendment |
Initial notification |
|||
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
a) |
Name |
TMT Investments PLC (the "Issuer") |
|||
b) |
LEI |
213800UGZLGI4R6YW964 |
|||
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||||
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of no par value each |
|||
|
|
||||
Identification code |
JE00B3RQZ289 |
||||
|
|
||||
b) |
Nature of the transaction |
An acquisition of 43,479 ordinary shares in the Issuer by MacMillan Trading Company Limited, a company in which Mr. Morgulchik has a 45.05% interest. |
|||
c) |
Price(s) and volume(s) |
|
|||
|
|
Price(s) |
Volume(s) |
|
|
|
|
USD 6.90 |
43,479 |
|
|
|
|
|
|
|
|
d) |
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
Acquisition of 43,479 ordinary shares |
||||
|
|
||||
- Price |
USD 300,00 5.10 |
||||
|
|
||||
e) |
Date of the transaction |
7 April 2022 |
|||
f) |
Place of the transaction |
Outside of a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||||
a) |
Name |
German Kaplun |
|||
2 |
Reason for the notification |
||||
a) |
Position/status |
PDMR ( Head of Strategy ) |
|||
b) |
Initial notification /Amendment |
Initial notification |
|||
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
a) |
Name |
TMT Investments PLC (the "Issuer") |
|||
b) |
LEI |
213800UGZLGI4R6YW964 |
|||
4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||||
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of no par value each |
|||
|
|
||||
Identification code |
JE00B3RQZ289 |
||||
|
|
||||
b) |
Nature of the transaction |
An acquisition of 43,479 ordinary shares in the Issuer by MacMillan Trading Company Limited , a company in which Mr. Kaplun has a 37.17% interest. |
|||
c) |
Price(s) and volume(s) |
|
|||
|
|
Price(s) |
Volume(s) |
|
|
|
|
USD 6.90 |
43,479 |
|
|
|
|
|
|
|
|
d) |
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
Acquisition of 43,479 ordinary shares |
||||
|
|
||||
- Price |
USD 300,00 5.10 |
||||
|
|
||||
e) |
Date of the transaction |
7 April 2022 |
|||
f) |
Place of the transaction |
Outside of a trading venue |
For further information contact:
TMT Investments Plc Alexander Selegenev Executive Director
|
+44 (0)1534 281 800 (Computershare - Company Secretary)
alexander.selegenev@tmtinvestments.com
|
Strand Hanson Limited (Nominated Adviser) James Bellman / James Dance
|
+44 (0)20 7409 3494 |
Cenkos Securities plc (Joint Broker) Ben Jeynes
|
+44 (0)20 7397 8900 |
Hybridan LLP (Joint Broker) Claire Louise Noyce
|
+44 (0)20 3764 2341 |
Kinlan Communications David Hothersall
|
+44 (0)20 7638 3435 |
About TMT Investments Plc
TMT Investments Plc invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has a current investment portfolio of over 50 companies and net assets of US$283 million as of 31 December 2021. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com .