Tap Global Group Plc Director/PDMR Shareholding
October 12 2023 - 3:21AM
UK Regulatory
TIDMTAP
12 October 2023
Tap Global Group Plc
("Tap" or the "Company")
Director/PDMR Shareholding
Tap Global Group Plc (https://www.withtap.com/) (AQUIS: TAP), the regulated
cryptocurrency app bridging the gap between traditional finance and blockchain
technology, announces that David Carr, Chief Executive Officer and a director of
the Company, and Arsen Torosian, Chief Strategy Officer and a director of the
Company, acquired 220,798 and 4,735,000 ordinary shares of 0.1 pence each in the
Company ("Ordinary Shares") respectively on 11 October 2023.
Mr Carr acquired 220,798 shares at an average price of 2.26 pence per share and
Mr Torosian acquired 4,735,000 shares at an average price of 2.31 pence per
share.
As a result, Mr Carr's total beneficial interest in the Company is 34,160,798
Ordinary Shares, representing 4.98% of the Company's issued share capital and Mr
Torosian's total beneficial interest in the Company is 393,985,000 Ordinary
Shares, representing 56.82% of the issued share capital.
Further disclosures follow in the appendix below.
The directors of the Company accept responsibility for the contents of this
announcement.
Enquiries:
Tap Global Group Plc Via Vigo Consulting
David Carr, Chief Executive Officer
Peterhouse Capital Limited (Aquis +44 (0)20 220 9795
Growth Market Corporate Advisor)
Guy Miller / Narisha Ragoonanthun
Vigo Consulting (Investor +44 (0)20 7390
Relations)Ben Simons / Kendall Hill / 0230tapglobal@vigoconsulting.com
Peter Jacob
About Tap Global Plc
Tap's group of companies provide an innovative and fully integrated fiat
payments and crypto settlement service. A single regulatory registration, via
the wholly owned operating business Tap Global Limited, provides Tap customers
with access to several major crypto exchanges through the Tap App allowing them
to purchase over 40 cryptocurrencies and store them directly in the customer's
wallet. The wallet can also store fiat currency denominated in Sterling, Euros
and/or USD.
Through the single app, Tap's over 200,000 users can access several major
cryptocurrency exchanges and, utilising Tap's proprietary Artificial
Intelligence middleware, customers benefit from best-execution and pricing in
real time. Through the Tap card (EU only), users can also convert their
cryptocurrencies to fiat to spend at more than 37 million merchant locations
worldwide.
Tap is one of only a handful of unified solutions operators fully regulated to
provide DLT services and was the first cryptocurrency FinTech company approved
by Mastercard in Europe.
Learn more: www.withtap.com
Appendix
1 Details of the person
discharging managerial
responsibilities / person
closely associated
a) Name David Carr
2 Reason for the notification
a) Position/status Chief Executive
Officer
b) Initial notification Amendment
/Amendment
3 Details of the issuer,
emission allowance market
participant, auction
platform, auctioneer or
auction monitor
a) Name Tap Global Group Plc
b) LEI 213800BF6GRJEOAQNP31
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 Ordinary Shares
instrument, type of of 0.1 pence each in
instrument TAP Global Group Plc
Identification GB00BMVSDN09
code
b) Nature of the transaction Share purchase
c) Price(s) and volume(s)
Price(s) Volume(s)
2.26p 220,798
d) Aggregated information
- Aggregated 220,798
volume
- Price 2.26 pence per Ordinary share
e) Date of the transaction 11 October 2023
f) Place of the transaction Aquis Growth Market
Access Market
1 Details of the person
discharging managerial
responsibilities / person
closely associated
a) Name Arsen Torosian
2 Reason for the notification
a) Position/status Chief Strategy
Officer
b) Initial notification Amendment
/Amendment
3 Details of the issuer,
emission allowance market
participant, auction
platform, auctioneer or
auction monitor
a) Name Tap Global Group Plc
b) LEI 213800BF6GRJEOAQNP31
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 Ordinary Shares
instrument, type of of 0.1 pence each in
instrument TAP Global Group Plc
Identification GB00BMVSDN09
code
b) Nature of the transaction Share purchase
c) Price(s) and volume(s)
Price(s) Volume(s)
2.314p 4,375,000
d) Aggregated information
- Aggregated 4,375,000
volume
- Price 2.314 pence per Ordinary
share
e) Date of the transaction 11 October 2023
f) Place of the transaction Aquis Growth Market
Access Market
This information was brought to you by Cision http://news.cision.com
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