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Tandem Group plc's CEO, Peter Kimberley, purchased 1,000 ordinary shares at 320.5 pence per share on 16 November 2022, bringing his total interest to 40,500 shares, or 0.74% of the issued share capital. Separately, on 17 November 2022, Non-Executive Chairman Steve Grant transferred 25,000 ordinary shares to his spouse, Kathryn Grant, at 127.5 pence per share; following this, their combined interest is 285,000 shares, representing 5.2% of the company's issued share capital.
| Date | 17 Nov 2022 |
| Time | 15:29:40 |
| Category | Director/PDMR dealings |
| ID | 8171G |
(the "Company" or "Group")
Director/PDMR Transactions
Tandem Group plc (AIM: TND), designers, developers and distributors of sports, leisure and mobility products, announces that it was notified on 16 November 2022 that Peter Kimberley, Chief Executive Officer of the Company, purchased 1,000 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") at a price of 320.5 pence per Ordinary Share on that same day.
As a result, Peter Kimberley is now interested in a total of 40,500 Ordinary Shares, representing 0.74% of the Company's issued share capital.
The Company further announces that it has today been notified that Steve Grant, Non-Executive Chairman of the Company, has today transferred 25,000 Ordinary Shares to his spouse, Kathryn Grant at a price of 127.5 pence per Ordinary Share ("the Transfer"). Following the Transfer, Steve Grant, together with his spouse, remains interested in a total of 285,000 Ordinary Shares, representing 5.2% of the Company's issued share capital.
The notifications below, provided in accordance with the requirements of the UK Market Abuse Regulation, provide further details.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
Peter Kimberley |
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2 |
Reason for notification |
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a. |
Position/Status |
Chief Executive Officer |
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b. |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
Tandem Group plc |
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b. |
LEI |
N/A |
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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 |
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a. |
Description of the financial instrument, type of instrument |
Ordinary Shares of 25p each |
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b. |
Nature of the transaction |
Purchase of Ordinary Shares |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information - Aggregated Volume - Price |
Not applicable
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e. |
Date of the transaction |
16 November 2022 |
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f. |
Place of the transaction |
AIMX |
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
1. Steve Grant 2. Kathryn Grant |
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2 |
Reason for notification |
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a. |
Position/Status |
1. Non-Executive Chairman 2. Person closely associated with Steve Grant |
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b. |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
Tandem Group plc |
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b. |
LEI |
N/A |
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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 |
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|
a. |
Description of the financial instrument, type of instrument |
Ordinary Shares of 25p each |
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b. |
Nature of the transaction |
1. Transfer of Ordinary Shares to spouse 2. Transfer of Ordinary Shares from spouse |
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c. |
Price(s) and volume(s) |
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|
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d. |
Aggregated information - Aggregated Volume - Price |
Not applicable
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e. |
Date of the transaction |
1. 17 November 2022 2. 17 November 2022 |
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f. |
Place of the transaction |
1. Outside of a trading venue 2. Outside of a trading venue
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Enquiries:
Tandem Group plc
David Rock, Company Secretary
Telephone 0121 748 8075
Nominated Adviser
Cenkos Securities plc (Nominated Adviser and Broker)
Ben Jeynes / Dan Hodkinson - Corporate Finance
Michael Johnson / Russell Kerr - Sales
Telephone 020 7397 8900