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Director/PDMR Shareholding

28 Sep 2017 15:28

RNS Number : 1447S
Tatton Asset Management PLC
28 September 2017
 

28 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 100,000 ordinary shares of £0.20 each in the Company ("Ordinary Shares") at a price of 181 pence per share.

 

Following the purchase, Mr. Mentel and his connected persons are beneficially interested in 827,584 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

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 Price

No. of shares

181 pence

100,000

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

28 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 +44 (0) 161 486 3441

Paul Hogarth (Chief Executive Officer)

Lothar Mentel (Chief Investment Officer)

Noel Stubley (Chief Financial Officer)

Nomad and Broker

Zeus Capital +44 (0) 20 3829 5000

Martin Green (Corporate Finance)

Dan Bate (Corporate Finance and QE)

Pippa Underwood (Corporate Finance)

Media Enquiries

Powerscourt +44 (0) 20 7250 1446

Justin Griffiths

Mazar Masud

Roddi Vaughan-Thomas

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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