REG - Tavistock Investment - Director/PDMR Shareholding

Tavistock InvestmentsAnnouncement

29/01/2021 07:00

RNS Number : 2641N
  
Tavistock Investments PLC
  
29 January 2021
  
 

Tavistock Investments Plc
("Tavistock" or the "Company")
PDMR Dealing
29 January 2021
 
Tavistock announces that the Company's Chief Executive, Brian Raven, has made an off-market purchase of 1,250,000 ordinary shares of 1p each in the capital of the Company at a price of 1.5p per share.
Following this transaction, Mr Raven is interested in 67,422,362 ordinary shares of 1p each representing 11.09 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 31,600,000 shares with exercise prices ranging from 5.25p per share to 6.5p per share.
 
Enquiries



Tavistock Investments Plc
Oliver Cooke
Brian Raven


Tel: 01753 867000
 


 


Tel: 01753 867000
 












 


 




Allenby Capital Limited 
(Nominated adviser and broker)
Corporate Finance:
Nick Naylor, Nick Athanas, Liz Kirchner 
Sales and Corporate Broking:
Tony Quirke  


Tel: 020 3328 5656


 


Tel: 020 7614 5900












 


 




Powerscourt
Gilly Lock, Justin Griffiths, Chloe Retief, 
James Anderson
 


Tel: 07711 380 007
        020 7250 1446
 
 


 


Tel: 020 3328 5656




 


 


 


 




 


 


 


Tel: 020 3890 8118
 



 
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


  Brian Raven 




2


Reason for the notification 


 Purchase of shares




a)


Position/status


 Chief Executive




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Tavistock Investments Plc 




b)


LEI


 21380078QEABEGTVT16




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
Identification code


 Ordinary Shares of £0.01 each
 
 ISIN: GB00BLNMLS43




b)


Nature of the transaction


Acquisition of shares




c)


Price(s) and volume(s)





 Average Price


No. of shares 




 0.015


1,250,000








d)


Aggregated information
- Aggregated volume
- Price


 
 1,250,000
 £18,750




e)


Date of the transaction


28 January 2021




f)


Place of the transaction


Off Market



 

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