Tandem Grp PLC

Director Dealing and Total Voting Rights

RNS Number : 4081Z
Tandem Group PLC
24 January 2022

24 January 2022


  Tandem Group plc

(the "Company" or "Group")


Director Dealing and Total Voting Rights


The Company announces that Steve Grant, the Company's Non-Executive Chairman, has exercised 40,000 options to subscribe for new ordinary shares in the Company ("Ordinary Shares") at a price of 127.5 pence per Ordinary Share (the "Options Exercise").


The Options Exercise will be satisfied from existing Ordinary Shares held in treasury. As a result, the Company continues to have a total of 6,013,480 Ordinary Shares in issue, each carrying the right to one vote, with 729,364 Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 5,284,116.  


The above figure of 5,284,116 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

In addition to the Option Exercise, Mr Grant has disposed of a total of 35,000 Ordinary Shares at a price of 520 pence per Ordinary Share.


As a result of the transactions described above, Mr. Grant's interest in the Company's Ordinary Shares has increased to 250,000 Ordinary Shares, representing approximately 4.7% of the Company's issued ordinary share capital.


The notification set out below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such dealings.




Tandem Group plc

Jim Shears, CEO

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




Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014


Details of the person discharging managerial responsibilities/person closely associated



Steve Grant


Reason for notification



Non-Executive Chairman


Initial notification/


Initial Notification


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



Tandem Group plc





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


Description of the financial instrument, type of instrument

Identification Code

Ordinary Shares of 25p each

ISIN:   GB00B460T373


Nature of the transaction

1.  Exercise of share options

2.  Disposal of ordinary shares


Price(s) and volume(s)




1.  127.5p

2.  520.0p






Aggregated information

- Aggregated Volume

- Price

1. N/A - single transaction

2. N/A - single transaction





Date of the transaction

1.  24 January 2022

2.  21 January 2022



Place of the transaction

1.  Outside of a trading venue 

2.  AIMX


This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company take responsibility for this announcement.



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