Tatton Asset Management PLC PDMR Dealing (5386W)

TIDMTAM

RNS Number : 5386W

Tatton Asset Management PLC

22 December 2021

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR. 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

(or "the Company")

PDMR Dealing

Tatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business announces that it has been notified that Hermitage Holdings (Wilmslow) Limited, a company controlled by Paul Hogarth, the Chief Executive Officer, has sold an aggregate 1,183,000 ordinary shares of GBP0.20 each at a price of GBP5.90 per share to meet institutional buying demand in the market.

Following the above transaction Paul remains beneficially interested in 9,651,790 shares, representing approximately 16.38 per cent of the Company's issued share capital. Paul has further confirmed that he does not intend to sell any more shares in the near future.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

For further information, please contact:

 
 Tatton Asset Management PLC                         +44 (0) 161 486 3441 
 Paul Hogarth, Chief Executive Officer 
  Paul Edwards, Chief Financial Officer 
  Lothar Mentel, Chief Investment Officer 
 
 Zeus Capital (NOMAD and Joint Broker)                +44 (0)20 3829 5000 
 Martin Green 
  Dan Bate 
 
 N+1 Singer (Joint Broker) 
 Rachel Hayes 
  Peter Steel                                         +44 (0)20 7496 3000 
 
 Belvedere Communications - Financial 
  PR                                                  +44 (0) 7407 023147 
  John West / Llew Angus (media)                     + 44 (0) 7715 769078 
  Cat Valentine / Keeley Clarke (investors)      tattonpr@belvederepr.com 
 
 Media Enquiries                                      +44 (0)20 7139 1452 
 Roddi Vaughan-Thomas

Notes to editors

Tatton Asset Management offers a range of services to Directly Authorised financial advisers in the UK, including on-platform only discretionary fund management, regulatory, compliance and business consulting services, and a whole of market mortgage provision.

For more information, please visit: www.tattonassetmanagement.com

The information below, set out in accordance with the requirements of the MAR, provides further detail.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Hermitage Holdings (Wilmslow) Limited 
                              a company controlled by Paul Hogarth (PDMR) 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        a company controlled by the Chief Executive 
                              Officer (PDMR) 
     ---------------------  --------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  --------------------------------------------- 
 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            Ordinary Shares of GBP0.20 each 
       of the financial 
       instrument,            ISIN: GB00BYX1P358 
       type of instrument 
       Identification 
       code 
     ---------------------  --------------------------------------------- 
 b)   Nature of              Sale of shares 
       the transaction 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and                      Price: GBP5.90 
       volume(s)                         Volume: 1,183,000 
     ---------------------  --------------------------------------------- 
 d)   Aggregated 
       information             N/a - single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  --------------------------------------------- 
 e)   Date of the            22 December 2021 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           London stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHDKBBPPBDDKBB

(END) Dow Jones Newswires

December 22, 2021 10:56 ET (15:56 GMT)

Tatton Asset Management (LSE:TAM)
Historical Stock Chart
From Jun 2024 to Jul 2024