Director/PDMR Shareholding

RNS Number : 3285S

Tatton Asset Management PLC

29 September 2017

 

29 September 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014.  UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

TATTON ASSET MANAGEMENT PLC

("TAM", "the Group" or "the Company")

Purchase of shares and PDMR notification

Tatton Asset Management plc (AIM: TAM), the on-platform discretionary fund management and IFA support services business, has today been notified that Lothar Mentel, Director and Chief Investment Officer, a person discharging managerial responsibilities ("PDMR"), has today purchased 36,404 ordinary shares of £0.20 each in the Company ("Ordinary Shares") at an average weighted price of 181.1 pence per share.

Following the purchase, Mr. Mentel and his connected persons are beneficially interested in 863,988 Ordinary Shares, representing approximately 1.5 per cent. of the Company's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides 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	Lothar Alfred Mentel
2	Reason for the notification
a)	Position/status	Director, Chief Investment Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tatton Asset Management plc
b)	LEI	213800G2F8I1N7HTVP88
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 £0.20 each ISIN: GB00BYX1P358
b)	Nature of the transaction	1)    Purchase of Ordinary Shares 2)    Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price No. of shares 1)    180 pence 2)    182 pence 1)    16,404 2)    20,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 36,404 Average weighted price: 181.1 pence
e)	Date of the transaction	29 September 2017
f)	Place of the transaction	London stock Exchange, AIM

For further information, please visit www.tattonassetmanagement.com or contact:

Tatton Asset Management plc                                                          [phone]

Paul Hogarth (Chief Executive Officer)

Lothar Mentel (Chief Investment Officer)

Noel Stubley (Chief Financial Officer)  

Nomad and Broker   

Zeus Capital                                                                                         [phone]

Martin Green (Corporate Finance)       

Dan Bate (Corporate Finance and QE)

Pippa Underwood (Corporate Finance)           

Media Enquiries       

Powerscourt                                                                                         [phone]

Justin Griffiths  

Mazar Masud  

Roddi Vaughan-Thomas          

 

END

 

 

DSHBRGDCLBDBGRC