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Tavistock Investment (TAVI)

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Tuesday 15 June, 2021

Tavistock Investment

Director/PDMR Shareholding

RNS Number : 9845B
Tavistock Investments PLC
15 June 2021
 

Tavistock Investments Plc

("Tavistock" or the "Company")

PDMR Dealing

15 June 2021

 

Tavistock announces that the Company's Chairman, Oliver Cooke, and its Chief Executive, Brian Raven, have today respectively purchased 1,080,000 and 900,000 ordinary shares of 1p each in the capital of the Company at a price of 5.5p per share.

Following these transactions, Mr Cooke is interested in 30,039,256 ordinary shares of 1p each representing 4.94 per cent. of the issued share capital of the Company, and Mr Raven is interested in 68,322,362 ordinary shares of 1p each representing 11.24 per cent. of the issued share capital of the Company.

 

Enquiries

 

Tavistock Investments Plc

Oliver Cooke

Brian Raven

Tel: 01753 867000

 

 

 

Allenby Capital Limited

(Nominated adviser and broker)

Corporate Finance:

Nick Naylor, Nick Athanas, Liz Kirchner

Sales and Corporate Broking:

Tony Quirke 

Tel: 020 3328 5656

 

 

Powerscourt Group

Gilly Lock

Chloe Retief

 

Tel: 07711 380 007

 

 

 

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide 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

 Oliver Cooke

2

Reason for the notification

Purchase of shares

a)

Position/status

Chairman

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Tavistock Investments Plc

b)

LEI

 21380078QEABEGTVT16

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 £0.01 each

 

 ISIN: GB00BLNMLS43

b)

Nature of the transaction

Acquisition of shares

c)

Price(s) and volume(s)

 Average Price

No. of shares

 0.055

1,080,000

 

d)

Aggregated information

- Aggregated volume

- Price

 

 1,080,000

 59,400

e)

Date of the transaction

15 June 2021

f)

Place of the transaction

market purchase

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 Brian Raven

2

Reason for the notification

Purchase of shares

a)

Position/status

Chief Executive

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Tavistock Investments Plc

b)

LEI

 21380078QEABEGTVT16

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 £0.01 each

 

 ISIN: GB00BLNMLS43

b)

Nature of the transaction

Acquisition of shares

c)

Price(s) and volume(s)

 Average Price

No. of shares

 0.055

900,000

 

d)

Aggregated information

- Aggregated volume

- Price

 

 900,000

 49,500

e)

Date of the transaction

15 June 2021

f)

Place of the transaction

market purchase

 

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