REG - TMT Investments - PDMR Shareholdings

TMT InvestmentsAnnouncement

22/04/2021 14:30

RNS Number : 3501W
  
TMT Investments PLC
  
22 April 2021
  
 

22 April 2021
 
TMT INVESTMENTS PLC
("TMT" or the "Company")
 
PDMR Shareholdings
 
TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified today that, on 21 April 2021, Artemii Iniutin, TMT's Head of Investments, acquired from German Kaplun, TMT's Head of Strategy, an indirect interest of approximately 1.84% of the issued ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of US$9.13 per Ordinary Share (the "Acquisition").
 
The Acquisition results from the sale by Mr. Kaplun to Mr. Iniutin of 7.88% of the issued share capital of MacMillan Trading Company Limited which holds an interest of 23.36% in the issued share capital of TMT.
 
As a result of the Acquisition, and following the settlement of the previous acquisitions by Mr. Iniutin of 863,647 Ordinary Shares announced on 6 April 2021 (expected to settle in the coming weeks) (the "Previous Acquisitions"), Mr. Iniutin will be interested in, in aggregate, 3,509,096 Ordinary Shares, representing approximately 12.02% of the Company's issued ordinary share capital.
 
Accordingly, as a result of the Acquisition, Mr. Kaplun becomes interested in, in aggregate, 6,724,857 Ordinary Shares, representing approximately 23.04% of the Company's issued share capital.
 
Following the Acquisition and settlement of the Previous Acquisitions, the 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 will take place before the settlement of the Previous Acquisitions):
 



Shareholder (legal holder)


Beneficial holder
(if different to legal holder)


No. of Ordinary Shares


% of issued share capital




Macmillan Trading Company Limited


Alexander Morgulchik 45.05%, German Kaplun 29.28%, Artemii Iniutin 17.78%, Nelli Morgulchik 7.88%





6,817,063


23.36%




Ramify Consulting Corp. ("Ramify")


German Kaplun


4,728,576


16.20%




Wissey Trade & Invest Ltd ("Wissey")


Andrey Kareev


5,000,000


17.13%




Eclectic Capital Limited ("Eclectic")


Nika Kirpichenko


1,800,000


6.17%




Menostar Holdings Limited ("Menostar")


Dmitry Kirpichenko


1,790,000


6.13%




Merit Systems Inc.


Artemii Iniutin


2,054,865


7.04%




Natalia Inyutina (Adult daughter of Artemii Iniutin)


727,156


2.49%




Vlada Kaplun (Adult Daughter of German Kaplun)


363,578


1.25%




Marina Kedrova (Adult Daughter of German Kaplun)


363,578


1.25%




Artemii Iniutin






241,939


0.83%




Total






23,886,755


81.84%



 
Since September 2013, when the Company became subject to the Code, the concert party has been interested in, in aggregate, more than 50% of the Company's issued share capital at all times. 
 
As a result of the Acquisition and upon settlement of the Previous Acquisitions, the total direct and indirect interest in TMT by the concert party's beneficial holders will be as follows (assuming than no other changes in shareholdings of the members of the concert party will take place before the settlement of the Previous Acquisitions):
 



Beneficial holder


No. of Ordinary Shares


% of issued share capital




German Kaplun


6,724,857


23.04%




Andrey Kareev


5,000,000


17.13%




Alexander Morgulchik


3,071,087


10.52%




Artemii Iniutin


3,509,096


12.02%




Nika Kirpichenko


1,800,000


6.17%




Dmitry Kirpichenko


1,790,000


6.13%




Natalia Inyutina


727,156


2.49%




Nelli Morgulchik


537,403


1.84%




Vlada Kaplun


363,578


1.25%




Marina Kedrova


363,578


1.25%




Total


23,886,755


81.84%



 
The relevant shareholders' individual notification forms are copied below.
 
For further information contact:
 



TMT Investments Plc
Alexander Selegenev
Executive Director
www.tmtinvestments.com
 


+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)
Russell Cook / 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
davidh@kinlan.net



 
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 invested in over 65 companies to date and has net assets of US$178 million as of 31 December 2020.  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.
 
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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 




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 indirect disposal of ordinary shares in the issuer through a disposal of shares in MacMillan Trading Company Limited (a registered shareholder of ordinary shares in the issuer)




c)


Price(s) and volume(s) 
















Price(s)


Volume(s)
















US$ 9.13


537,403






























d)


Aggregated information 


















- Aggregated volume


537,403 ordinary shares














- Price


US$ 9.13 per share














e)


Date of the transaction 


21 April 2021




f) 


Place of the transaction 


Outside of a trading venue 



 
 
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name 


Artemii Iniutin




2


Reason for the notification




a)


Position/status


PDMR (Head of Investments)




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




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 


indirect acquisition of ordinary shares in the issuer through purchase of shares in MacMillan Trading Company Limited (the registered shareholder of ordinary shares in the issuer) 




c)


Price(s) and volume(s) 
















Price(s)


Volume(s)
















US$ 9.13


537,403






























d)


Aggregated information 


















- Aggregated volume


537,403 ordinary shares














- Price


US$ 9.13 per share 














e)


Date of the transaction 


21 April 2021




f) 


Place of the transaction 


Outside of a trading venue



 

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