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Tatton Asset Management PLC announced on 1 November 2021 that Chief Financial Officer Paul Edwards exercised options under the Company's SAYE scheme. This resulted in the issue of 9,473 ordinary shares at £1.90 each, increasing his total interest to 495,224 Ordinary Shares, representing approximately 0.84% of the then-issued share capital. Admission of these new shares to AIM is expected on 2 November 2021, bringing the Company's total issued share capital to 58,914,887 ordinary shares.
| Date | 1 Nov 2021 |
| Time | 07:00:14 |
| Category | Director/PDMR dealings |
| ID | 8209Q |
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 9,473 ordinary shares of £0.20 each ("Ordinary Shares") to Paul Edwards, Chief Financial Officer and PDMR, who has elected to exercise his options pursuant to the Company's Save As You Earn ("SAYE") employee share scheme.
Following the exercise, Paul will be interested in 495,224 Ordinary Shares, representing approximately 0.84 per cent. of the Company's issued Ordinary Share capital.
Admission and Total Voting Rights
Application has been made for the newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 2 November 2021 ("Admission"). Following Admission, the Company's issued share capital will consist of 58,914,887 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 58,914,887 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.
For further information please contact:
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Tatton Asset Management plc Paul Hogarth (Chief Executive Officer) Paul Edwards (Chief Financial Officer) Lothar Mentel (Chief Investment Officer) |
+44 (0) 161 486 3441 |
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Zeus Capital - Nomad and Broker Martin Green (Corporate Finance) Dan Bate (Corporate Finance and QE) |
+44 (0) 20 3829 5000 |
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Singer Capital Markets - Joint Broker Peter Steel, Rachel Hayes, Amanda Gray (Investment Banking) |
+44 (0) 20 7496 3000
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Belvedere Communications - Financial PR John West / Llew Angus (media) Cat Valentine / Keeley Clarke (investors) |
+44 (0) 7407 023147 +44 (0) 7715 769078 |
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Trade Media Enquiries Roddi Vaughan Thomas (Head of Communications) |
+44 (0) 7469 854 011 |
For more information, please visit: www.tattonassetmanagement.com
The information below, set out in accordance with the requirements of the MAR, provides further detail.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Paul Edwards |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR, Chief Financial Officer |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Tatton Asset Management plc |
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b) |
LEI |
213800G2F8I1N7HTVP88 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
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b) |
Nature of the transaction |
Exercise of Options (SAYE Scheme)
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c) |
Price(s) and volume(s) |
Price: £1.90 Volume: 9,473
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d) |
Aggregated information - Aggregated volume - Price |
Price : £1.90 Volume: 9,473 |
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e) |
Date of the transaction |
1 November 2021 |
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f) |
Place of the transaction |
London stock Exchange, AIM |