REG - Tandem Grp PLC - Director Dealing and Total Voting Rights

TandemAnnouncement

28/04/2022 14:15

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RNS Number : 7446J  Tandem Group PLC  28 April 2022

28 April 2022

 

 Tandem Group plc

(the "Company" or "Group")

 

Director Dealing and Total Voting Rights

 

The Company announces that Jim Shears, the Company's Chief Executive Officer,
has exercised 36,050 options to subscribe for ordinary shares in the Company
("Ordinary Shares") at a price of 190.0 pence per Ordinary Share and that a
further 12,000 options to subscribe for Ordinary Shares have been exercised by
employees of the Group under the 2019 Employee Share Option Scheme (the
"Options Exercise").

 

The Options Exercise will be satisfied from existing Ordinary Shares held in
treasury. As a result, the Company continues to have a total of 6,013,480
Ordinary Shares in issue, each carrying the right to one vote, with 658,421
Ordinary Shares held in treasury. The total number of voting rights in the
Company is therefore 5,355,059.

 

The above figure of 5,355,059 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.

As a result of the transactions described above, Mr. Shears' interest in the
Company's Ordinary Shares has increased to 286,050 Ordinary Shares,
representing approximately 5.3% of the Company's issued ordinary share
capital.

 

The notification set out below, made in accordance with the requirements of
Article 19 of the Market Abuse Regulation, provides further details of such
dealings.

 

Enquiries:

 

Tandem Group plc

David Rock, Company Secretary

Telephone 0121 748 8075

 

Nominated Adviser

Cenkos Securities plc (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Russell Kerr - Sales

Telephone 020 7397 8900

 

 

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name                                                         Jim Shears
 2   Reason for notification
 a.  Position/Status                                              Chief Executive Officer
 b.  Initial notification/                                        Initial Notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         Tandem Group plc
 b.  LEI                                                          213800WKK3A6NMOB6788
 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 25p each

Identification Code

                                                                  ISIN: GB00B460T373
 b.  Nature of the transaction                                    1.   Exercise of share options

 c.  Price(s) and volume(s)

Price(s)       Volume(s)
                                                                                              1.   190.0p    36,050

 d.  Aggregated information                                       1. N/A - single transaction

     - Aggregated Volume

     - Price

 e.  Date of the transaction                                      1.   28 April 2022
 f.  Place of the transaction                                     1.   Outside of a trading venue

 

d.

Aggregated information

- Aggregated Volume

- Price

1. N/A - single transaction

 

 

 

 

e.

Date of the transaction

1.   28 April 2022

f.

Place of the transaction

1.   Outside of a trading venue

 

 

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