21 Apr 2017 07:00
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, yesterday made a market purchase of 900,000 shares of 1p each in the capital of the Company at a price of 2.8p per share.
Following this purchase, Mr Raven is interested in 63,219,379 ordinary shares of 1p each representing 11.85 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 11,600,000 shares with an exercise price of 5.25p per share.
Enquiries
Tavistock Investments Plc Oliver Cooke Brian Raven | Tel: 01753 867000
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Northland Capital Partners Limited Tom Price Matthew Johnson | Tel: 020 3861 6625 |
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Allenby Capital Limited Nick Naylor Nick Athanas | Tel: 020 3328 5656 |
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Templars Communications Limited Kitty Parry Alice Osborn | Tel: 020 3642 3140
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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 | Market 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 |
900,000 £25,200 | ||||
e) | Date of the transaction | 20 April 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Tavistock (TAVI)