Tandem Group PLC Director Dealing and Total Voting Rights (7446J)

TIDMTND

RNS Number : 7446J

Tandem Group PLC

28 April 2022

28 April 2022

Tandem Group plc

(the "Company" or "Group")

Director Dealing and Total Voting Rights

The Company announces that Jim Shears, the Company's Chief Executive Officer, has exercised 36,050 options to subscribe for ordinary shares in the Company ("Ordinary Shares") at a price of 190.0 pence per Ordinary Share and that a further 12,000 options to subscribe for Ordinary Shares have been exercised by employees of the Group under the 2019 Employee Share Option Scheme (the "Options Exercise").

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 658,421 Ordinary Shares held in treasury. The total number of voting rights in the Company is therefore 5,355,059.

The above figure of 5,355,059 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.

As a result of the transactions described above, Mr. Shears' interest in the Company's Ordinary Shares has increased to 286,050 Ordinary Shares, representing approximately 5.3% 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

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                   Chief Executive Officer 
      --------------------------------  ------------------------------------------- 
 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. 190.0p    36,050 
                                                              ---------- 
      -------------------------------- 
 
 d.    Aggregated information            1. N/A - single transaction 
        - Aggregated 
        Volume 
        - Price 
      --------------------------------  ------------------------------------------- 
 e.    Date of the transaction                1. 28 April 2022 
      --------------------------------  ------------------------------------------- 
 f.    Place of the                                 1. Outside of a trading venue 
        transaction 
      --------------------------------  ------------------------------------------- 
 

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April 28, 2022 09:08 ET (13:08 GMT)