16 Apr 2018 12:56
Tavistock Investments Plc
Director / PDMR shareholding
Tavistock Investments Plc ("Tavistock" or the "Company"), the financial services group, announces that the Company's Chief Executive, Brian Raven, has made market and off-market purchases of an aggregate total of 328,333 ordinary shares of 1p each in the capital of the Company at an average price of 3.05p per share.
Following this transaction, Mr Raven is interested in 63,855,712 ordinary shares of 1p each representing 11.89 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 31,600,000 shares with exercise prices ranging from 5.25p per share to 6.5p per share.
Enquiries
Tavistock Investments Plc Oliver Cooke Brian Raven | Tel: 01753 867000
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Arden Partners Plc Paul Shackleton | Tel: 020 7614 5900 |
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Allenby Capital Limited Nick Naylor Nick Athanas | Tel: 020 3328 5656 |
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Vested Kitty Parry Elspeth Rothwell | Tel: 020 3890 8118
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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 | 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) |
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d) | Aggregated information - Aggregated volume - Price |
328,333 £10,014 | ||||
e) | Date of the transaction | 13 April 2018 | ||||
f) | Place of the transaction | Off market and on London Stock Exchange, AIM | ||||
Tavistock (TAVI)