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Pin to quick picksTruetide Regulatory News (TRUE)

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Director/PDMR Shareholding

19 May 2026 07:00

RNS Number : 8069E
Truetide PLC
19 May 2026
 

19 May 2026

 

Truetide plc

("Truetide" the "Company" or the "Group")

 

Director/PDMR Shareholding - sale of shares

 

Truetide (AIM: TRUE) has been notified that, on 18 May 2026, Trevor Brown, Chief Executive of the Company, sold 7,500 ordinary shares of 2 pence each in the in the Company ("Ordinary Shares") at a price of 2.7 pence per Ordinary Share in the market.

 

Accordingly, Trevor Brown's total beneficial shareholding in the Company has decreased to 22,132,715 Ordinary Shares, which represents approximately 28.2% of the Company's current voting rights.

 

Following the sale of Ordinary Shares by Trevor Brown, the Brown Hallam Concert Party, comprising Trevor Brown and Viv Hallam, now has a combined shareholding of 23,541,610 Ordinary Shares, representing 29.99% of the total issued share capital and voting rights of the Company. 

 

Further details are provided in the form below in accordance with the requirements of the UK Market Abuse Regulation.

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

 

Trevor Brown

 

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO

 

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

 

a)

 

Name

 

Truetide plc

b)

 

LEI

 

2138006HQ3COMU626I61

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 2 pence each in Truetide plc

 

 

 

GB00B13XV322

b)

 

Nature of the transactions

 

Sale of ordinary shares

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

2.7p

Volume(s)

 

7,500

 

d)

 

Aggregated information

- Aggregated volume

- Price

- Principal amount

 

 

As above

 

 

 

e)

 

Date of the transaction

 

18 May 2026

f)

Place of transaction

London Stock Exchange, AIM Market

 

 

 

Truetide plc

Tel: 01738 587555

Trevor Brown, Chief Executive Officer

Viv Hallam, Executive Director

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Tel: 020 3328 5656

James Reeve / Ashur Joseph

AlbR Capital Limited (Joint Broker)

Tel: 020 7469 0936

Duncan Vasey / Lucy Williams

 

 

 

 

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