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Tatton Asset Management PLC announced on 22 July 2025 that Chief Investment Officer Lothar Mentel and other employees exercised options over an aggregate of 90,900 ordinary shares of £0.20 each. Lothar Mentel exercised 20,900 of these shares on 17 July 2025, resulting in his interest in 1,351,589 Ordinary Shares, representing 2.23% of the company's issued share capital. 90,900 new Ordinary Shares will be issued, with admission to AIM expected on 23 July 2025, bringing the total issued share capital to 60,664,808 ordinary shares.
| Date | 22 Jul 2025 |
| Time | 12:17:23 |
| Category | Miscellaneous |
| ID | 0916S |
22 July 2025
Tatton Asset Management plc
(or "the Company")
Exercise of Options, PDMR Dealing 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 Lothar Mentel, Chief Investment Officer, and certain other employees have exercised options over an aggregate of 90,900 ordinary shares of £0.20 each in the Company ("Ordinary Shares") pursuant to the 2018, 2020 and 2021 EMI Schemes (together the "Option Shares"). To satisfy the option exercise, 90,900 new Ordinary Shares will be issued.
Lothar Mentel has exercised 20,900 Option Shares and therefore, following this transaction, he is interested in 1,351,589 Ordinary Shares representing 2.23% of the issued share capital of the Company.
Admission and Total Voting Rights
Application has been made for the 90,900 new Ordinary Shares to be admitted to trading on AIM, and admission is expected to take place on or around 23 July 2025 ("Admission"). The new Ordinary 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 60,664,808 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 60,664,808 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.
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Lothar Mentel |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR, Chief Investment 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 |
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c) |
Price(s) and volume(s) |
Exercise of options
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d) |
Aggregated information - Aggregated volume - Price |
As above
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e) |
Date of the transaction |
17 July 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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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)
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+44 (0) 161 486 3441 |
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Zeus - Nomad and Broker Martin Green (Investment Banking) Dan Bate (Investment Banking and QE)
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+44 (0) 20 3829 5000 |
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Singer Capital Markets - Joint Broker Peter Steel (Investment Banking)
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+44 (0) 20 7496 3000 |
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Gracechurch Group - Financial PR and IR Heather Armstrong / Henry Gamble / Rebecca Scott
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+44 (0) 20 4582 3500 |
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Trade Media Enquiries Roddi Vaughan Thomas |
+44 (0) 7469 854 011 |