PDMR Dealing

RNS Number : 5386W
Tatton Asset Management PLC
22 December 2021
 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR. 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

(or "the Company")  

 

PDMR Dealing

 

Tatton Asset Management PLC (AIM: TAM),  the on-platform discretionary fund management (DFM) and IFA support services business   announces that it has been notified that Hermitage Holdings (Wilmslow) Limited, a company controlled by Paul Hogarth, the Chief Executive Officer, has sold an aggregate 1,183,000 ordinary shares of £0.20 each at a price of £5.90 per share to meet institutional buying demand in the market.

Following the above transaction Paul remains beneficially interested in 9,651,790 shares, representing approximately 16.38 per cent of the Company's issued share capital. Paul has further confirmed that he does not intend to sell any more shares in the near future.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

For further information, please contact:

Tatton Asset Management PLC

+44 (0) 161 486 3441

Paul Hogarth, Chief Executive Officer

Paul Edwards, Chief Financial Officer

Lothar Mentel, Chief Investment Officer

 

 

 

Zeus Capital (NOMAD and Joint Broker)

+44 (0)20 3829 5000

Martin Green

Dan Bate

 

 

 

N+1 Singer (Joint Broker)

 

Rachel Hayes

Peter Steel

+44 (0)20 7496 3000

 

 

Belvedere Communications - Financial PR

John West / Llew Angus (media)

Cat Valentine / Keeley Clarke (investors)

 

 

+44 (0) 7407 023147

+ 44 (0) 7715 769078

tattonpr@belvederepr.com

 

 

 

Media Enquiries

+44 (0)20 7139 1452

Roddi Vaughan-Thomas

 

 

 

Notes to editors

Tatton Asset Management  offers a range of services to Directly Authorised financial advisers in the UK, including on-platform only discretionary fund management, regulatory, compliance and business consulting services, and a whole of market mortgage provision.

For more information, please visit:  www.tattonassetmanagement.com

The information below, set out in accordance with the requirements of the MAR, provides further detail.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Hermitage Holdings (Wilmslow) Limited
a company controlled by Paul Hogarth (PDMR)

2

Reason for the notification

a)

Position/status

a company controlled by the Chief Executive Officer (PDMR)

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

Sale of shares

 

c)

Price(s) and volume(s)

Price:  £5.90

Volume:  1,183,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/a  - single transaction

e)

Date of the transaction

22 December 2021

f)

Place of the transaction

London stock Exchange, AIM

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDKBBPPBDDKBB
UK 100

Latest directors dealings