REG - Tatton Asset Mgt PLC - Exercise of options and PDMR dealing

Tatton Asset ManagementAnnouncement

31/08/2023 10:30

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RNS Number : 9640K  Tatton Asset Management PLC  31 August 2023

 

Tatton Asset Management plc

(or "the Company")

 

Exercise of options and PDMR dealing

 

Tatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund
management (DFM) and IFA support services business announces that it has
issued an aggregate 446,245 ordinary shares of £0.20 each ("Ordinary Shares")
to satisfy certain employees who have elected to exercise their options
pursuant to the Company's employee sharesave scheme, the 2018 EMI Scheme and
2020 EMI Scheme (together the "Option Shares").

Application has been made for the newly issued shares to be admitted to
trading on AIM, and admission is expected to take place on 01 September 2023
("Admission"). Following Admission, the Company's issued share capital will
consist of 60,501,968 ordinary shares. There are no ordinary shares held in
treasury. Therefore, following Admission, this figure of 60,501,968 should be
used by shareholders as the denominator for the calculation by which they
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.

As part of the above, certain PDMRs have exercised options over an aggregate
of 182,360 shares. The Option Exercise includes certain share options being
exercised by Lothar Mentel, Chief Investment Officer, who following the
exercise will be interested in 1,110,233 Ordinary Shares, representing
approximately 1.84 per cent. Of the Company's Ordinary Share capital.

 The full details of these PDMR dealings are shown in the tables below.

 

For further information please contact:

 

 Tatton Asset Management PLC

 Paul Hogarth (Chief Executive
 Officer)

 Paul Edwards (Chief Financial

 Officer)

 Lothar Mentel (Chief Investment Officer)                           +44 (0) 161 486 3441

 Zeus - Nomad and Broker

 Martin Green

 Dan Bate

                                                                    +44 (0) 20 3829 5000
 Singer Capital Markets- Joint Broker

 Peter Steel, Rachel Hayes, Amanda Gray (Investment Banking)        +44 (0) 20 7496 3000

 Belvedere Communications - Financial PR

 John West / Llew Angus (media)                                     +44 (0) 7407 023147

 Cat Valentine / Keeley Clarke (investors)                          +44 (0) 7715 769078

                                                                    tattonpr@belvederepr.com (mailto:tattonpr@belvederepr.com)

 Trade Media Enquiries                                              +44 (0) 20 7139 1452

 Roddi Vaughan Thomas

 

For more information, please visit: www.tattonassetmanagement.com
(http://www.tattonassetmanagement.com)

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

      Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Lothar Mentel
 2    Reason for the notification
 a)   Position/status                                              PDMR, Chief Investment Officer
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Tatton Asset Management plc
 b)   LEI                                                          213800G2F8I1N7HTVP88
 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 £0.20 each

      Identification code

                                                                   ISIN: GB00BYX1P358
 b)   Nature of the transaction                                    a)   Exercise of EMI options

                                                                   b)   Exercise of sharesave options

 c)   Price(s) and volume(s)                                       a)   Price:      NIL

Volume:  50,000

                                                                   b)   Price:       £2.29

                                                                   Volume:   7,860

 d)   Aggregated information                                       a)   Price:      NIL

Volume:  50,000
      - Aggregated volume

                                                            b)   Price:       £2.29
      - Price

                                                                   Volume:   7,860

 e)   Date of the transaction                                      a)   25 August 2023

                                                                   b)   25 August 2023

 f)   Place of the transaction                                     a)   London stock Exchange, AIM

                                                                   b)   London stock Exchange, AIM

 

 

      Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Robert Hunt
 2    Reason for the notification
 a)   Position/status                                              PDMR, Chief Executive Officer of Paradigm
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Tatton Asset Management plc
 b)   LEI                                                          213800G2F8I1N7HTVP88
 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 £0.20 each

      Identification code

                                                                   ISIN: GB00BYX1P358
 b)   Nature of the transaction                                    a)   Exercise of EMI options

                                                                   b)   Exercise of Sharesave options

 c)   Price(s) and volume(s)                                       a)   Price:      NIL

Volume:  116,640

                                                                   b)   Price:       £2.29

                                                                   Volume:   7,860

 d)   Aggregated information                                       a)   Price:      NIL

Volume:  116,640
      - Aggregated volume

                                                            b)   Price:       £2.29
      - Price

                                                                   Volume:   7,860

 e)   Date of the transaction                                      a)   25 August 2023

                                                                   b)   25 August 2023

 f)   Place of the transaction                                     a)   London stock Exchange, AIM

                                                                   b)   London stock Exchange, AIM

 

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