Tandem Group PLC Director Dealing and Total Voting Rights (5410H)

TIDMTND

RNS Number : 5410H

Tandem Group PLC

06 April 2022

6 April 2022

Tandem Group plc

(the "Company" or "Group")

Director Dealing and Total Voting Rights

The Company has been informed today that the following Directors have exercised options to subscribe for new ordinary shares in the Company ("Ordinary Shares") as follows:

 
                                               Number of   Option exercise 
   Director          Option Scheme     options exercised         price per     Expiry date 
                                                                     share 
                   2019 EMI Share 
 Jim Shears         Option Scheme                  8,228             190.0     24 May 2029 
                  -----------------  -------------------  ----------------  -------------- 
                   2007 EMI Share                                                 20 April 
 Phil Ratcliffe     Option Scheme                  4,665             127.5            2026 
                  -----------------  -------------------  ----------------  -------------- 
 

The Options Exercise will be satisfied from existing Ordinary Shares held in treasury. As a result, the Company continues to have a total of 6,013,480 Ordinary Shares in issue, each carrying the right to one vote, with 706,471 Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 5,307,009.

The above figure of 5,307,009 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

In addition to the Option Exercise, Mr Shears has disposed of a total of 3,950 Ordinary Shares at a price of 381.5 pence per Ordinary Share in order to meet option exercise costs.

As a result of the transactions described above, Mr Shears' interest in the Company's Ordinary Shares has increased to 250,000 Ordinary Shares, representing approximately 4.7% of the Company's issued ordinary share capital, and Mr Ratcliffe's interest in the Company's Ordinary Shares has increased to 127,500 Ordinary Shares, representing approximately 2.4% of the Company's issued ordinary share capital.

The notification set out below, made in accordance with the requirements of Article 19 of the Market Abuse Regulation, provides further details of such dealings.

Enquiries:

Tandem Group plc

Jim Shears, CEO

David Rock, Company Secretary

Telephone [phone]

Nominated Adviser

Cenkos Securities plc (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Russell Kerr - Sales

Telephone [phone]

 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
----  ------------------------------------------------------------------------- 
 a.    Name                             Jim Shears 
                                       ---------------------------------------- 
 2     Reason for notification 
      -------------------------------  ---------------------------------------- 
 a.    Position/Status                  CEO 
      -------------------------------  ---------------------------------------- 
 b.    Initial notification/            Initial Notification 
        Amendment 
      -------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a.    Name                             Tandem Group plc 
      ------------------------------- 
 b.    LEI                              213800WKK3A6NMOB6788 
      -------------------------------  ---------------------------------------- 
 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                   Ordinary Shares of 25p each 
        the financial 
        instrument, type 
        of instrument 
 
        Identification                   ISIN: GB00B460T373 
        Code 
      -------------------------------  ---------------------------------------- 
 b.    Nature of the                         1. Exercise of share options 
        transaction                           2. Disposal of ordinary shares 
      -------------------------------  ---------------------------------------- 
 
 c.    Price(s) and                        Price(s)           Volume(s) 
        volume(s)                                1. 190.0p     8,228 
                                                  2. 381.5p     3,950 
                                                              ---------- 
      ------------------------------- 
 
 d.    Aggregated information           1. N/A - single transaction 
        - Aggregated                     2. N/A - single transaction 
        Volume 
        - Price 
      -------------------------------  ---------------------------------------- 
 e.    Date of the transaction               1. 6 April 2022 
                                              2. 5 April 2022 
      -------------------------------  ---------------------------------------- 
 f.    Place of the                          1. Outside of a trading venue 
        transaction                           2. AIMX 
      -------------------------------  ---------------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
----  ------------------------------------------------------------------------- 
 a.    Name                          Phil Ratcliffe 
                                    ------------------------------------------- 
 2     Reason for notification 
      ----------------------------  ------------------------------------------- 
 a.    Position/Status               Commercial Director 
      ----------------------------  ------------------------------------------- 
 b.    Initial notification/         Initial Notification 
        Amendment 
      ----------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a.    Name                          Tandem Group plc 
      ---------------------------- 
 b.    LEI                           213800WKK3A6NMOB6788 
      ----------------------------  ------------------------------------------- 
 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                Ordinary Shares of 25p each 
        the financial 
        instrument, type 
        of instrument 
 
        Identification                ISIN: GB00B460T373 
        Code 
      ----------------------------  ------------------------------------------- 
 b.    Nature of the                      1. Exercise of share options 
        transaction 
      ----------------------------  ------------------------------------------- 
 
 c.    Price(s) and                     Price(s)                Volume(s) 
        volume(s)                                   1. 127.5p    4,665 
                                                                ---------- 
      ---------------------------- 
 
 d.    Aggregated information        1. N/A - single transaction 
        - Aggregated 
        Volume 
        - Price 
      ----------------------------  ------------------------------------------- 
 e.    Date of the transaction            1. 6 April 2022 
      ----------------------------  ------------------------------------------- 
 f.    Place of the                       1. Outside of a trading venue 
        transaction 
      ----------------------------  ------------------------------------------- 
 

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April 06, 2022 12:24 ET (16:24 GMT)