REG - Tatton Asset Mgt PLC - Exercise of Options, PDMR Dealings and TVR
Thu 14:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250626:nRSZ6113Oa&default-theme=true
RNS Number : 6113O Tatton Asset Management PLC 26 June 2025
Tatton Asset Management plc
(or "the Company")
Exercise of Options, PDMR Dealings and
Total Voting Rights
Tatton Asset Management PLC (AIM: TAM), the investment management and IFA
support services group announces that it has been notified that certain PDMRs
have exercised options over an aggregate of 497,832 ordinary shares of £0.20
each in the Company ("Ordinary Shares") pursuant to the 2017 EMI Scheme and
the 2020 EMI Scheme (together the "Option Shares"). To satisfy the option
exercise, 472,804 Ordinary Shares are to be awarded from the Company's
Employee Benefit Trust (EBT), with the remaining 25,028 shares to be satisfied
by way of an issue of new Ordinary Shares.
As part of this option exercise certain PDMRs have elected to sell an
aggregate 337,376 Ordinary Shares. Following the exercise and sale of Option
Shares by the PDMRs, the aggregate holdings of the below directors has
increased from 2.78% to 3.04% of the issued share capital of the Company. The
exercise of options and resultant sale of Ordinary Shares was to satisfy
specific shareholder demand in the market.
The table below details the respective PDMR interests in the share capital of
the Company.
Director Position Ordinary Shares held previously % of total issued share capital Number of Ordinary Shares over which options exercised Number of Ordinary Shares sold* Resulting total number of Ordinary Shares held % of enlarged issued share capital
Paul Edwards Chief Financial Officer 511,628 0.85% 137,658 137,658 511,628 0.84%
Lothar Mentel Chief Investment Officer 1,170,233 1.93% 360,174 199,718 1,330,689 2.20%
1,681,861 2.78% 497,832 337,376 1,842,317 3.04%
Admission and Total Voting Rights
Application has been made for the 25,028 new Ordinary Shares to be admitted to
trading on AIM, and admission is expected to take place on or around 01 July
2025 ("Admission"). The New Shares will, following Admission, rank pari passu
in all respects with the existing Ordinary Shares in issue and will carry the
right to receive all dividends and distributions declared, made or paid on or
in respect of the Ordinary Shares after Admission.
Following Admission, the Company's issued share capital will consist of
60,573,908 ordinary shares. There are no ordinary shares held in treasury.
Therefore, following Admission, this figure of 60,573,908 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.
The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018, provides further detail.
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 Paul Edwards
2 Reason for the notification
a) Position/status PDMR, Chief Financial 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 options
b) Sale of Ordinary Shares
c) Price(s) and volume(s) a) Exercise of options
Price Volume
Nil 137,658
b) Sale of Ordinary Shares
Price Volume
664p 137,658
d) Aggregated information As above
- Aggregated volume
- Price
e) Date of the transaction a) 25 June 2025
b) 25 June 2025
f) Place of the transaction a) Outside a trading venue
b) London Stock Exchange, AIM
b) Sale of Ordinary Shares
Price Volume
664p 137,658
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
a) 25 June 2025
b) 25 June 2025
f)
Place of the transaction
a) Outside a trading venue
b) London Stock Exchange, AIM
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 options
b) Sale of Ordinary Shares
c) Price(s) and volume(s) a) Exercise of options
Price Volume
189p 360,174
b) Sale of Ordinary Shares
Price Volume
664p 199,718
d) Aggregated information As above
- Aggregated volume
- Price
e) Date of the transaction a) 25 June 2025
b) 25 June 2025
f) Place of the transaction a) Outside a trading venue
b) London Stock Exchange, AIM
b) Sale of Ordinary Shares
Price Volume
664p 199,718
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
a) 25 June 2025
b) 25 June 2025
f)
Place of the transaction
a) Outside a trading venue
b) London Stock Exchange, AIM
For further information please contact:
Tatton Asset Management plc +44 (0) 161 486 3441
Paul Hogarth (Chief Executive
Officer)
Paul Edwards (Chief Financial
Officer)
Lothar Mentel (Chief Investment Officer)
Zeus - Nomad and Broker +44 (0) 20 3829 5000
Martin Green (Investment Banking)
Dan Bate (Investment Banking and QE)
Singer Capital Markets - Joint Broker
Peter Steel (Investment Banking) +44 (0) 20 7496 3000
Gracechurch Group - Financial PR and IR
Heather Armstrong / Henry Gamble / Rebecca Scott +44 (0) 20 4582 3500
tatton@gracechurchpr.com (mailto:tatton@gracechurchpr.com)
Trade Media Enquiries
Roddi Vaughan Thomas +44 (0) 7469 854 011
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCPKABPBBKDBABRecent news on Tatton Asset Management
See all newsREG - Tatton Asset Mgt PLC - Exercise of Options, PDMR Dealings and TVR
AnnouncementREG - Tatton Asset Mgt PLC - Notice of AGM
AnnouncementREG - Tatton Asset Mgt PLC Aegon Ltd - Holding(s) in Company
AnnouncementREG - Tatton Asset Mgt PLC - Final Results
AnnouncementRCS - Tatton Asset Mgt PLC - Notice of Investor & Analyst Presentations
Announcement