Tatton Asset Management PLC Director/PDMR Shareholding (3285S)

TIDMTAM

RNS Number : 3285S

Tatton Asset Management PLC

29 September 2017

29 September 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014. 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

("TAM", "the Group" or "the Company")

Purchase of shares and PDMR notification

Tatton Asset Management plc (AIM: TAM), the on-platform discretionary fund management and IFA support services business, has today been notified that Lothar Mentel, Director and Chief Investment Officer, a person discharging managerial responsibilities ("PDMR"), has today purchased 36,404 ordinary shares of GBP0.20 each in the Company ("Ordinary Shares") at an average weighted price of 181.1 pence per share.

Following the purchase, Mr. Mentel and his connected persons are beneficially interested in 863,988 Ordinary Shares, representing approximately 1.5 per cent. of the Company's issued share capital.

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                              Lothar Alfred Mentel 
---  ------------------  ------------------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                   Director, Chief Investment Officer 
---  ------------------  ------------------------------------------------- 
 b)   Initial             Initial notification 
       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           1) Purchase of Ordinary Shares 
       the transaction     2) Purchase of Ordinary Shares 
---  ------------------  ------------------------------------------------- 
 c)   Price(s)              Price      No. of 
       and volume(s)                     shares 
                            ---------  ----------- 
                             1) 180 
                              pence     1) 16,404 
                              2) 182 
                               pence     2) 20,000 
                            ---------  ----------- 
---  ------------------  ------------------------------------------------- 
 d)   Aggregated 
       information          Aggregated volume: 36,404 
       - Aggregated 
       volume               Average weighted price: 181.1 pence 
       - Price 
---  ------------------  ------------------------------------------------- 
 e)   Date of             29 September 2017 
       the transaction 
---  ------------------  ------------------------------------------------- 
 f)   Place of            London stock Exchange, AIM 
       the transaction 
---  ------------------  ------------------------------------------------- 
 

For further information, please visit www.tattonassetmanagement.com or contact:

Tatton Asset Management plc [phone]

Paul Hogarth (Chief Executive Officer)

Lothar Mentel (Chief Investment Officer)

Noel Stubley (Chief Financial Officer)

Nomad and Broker

Zeus Capital [phone]

Martin Green (Corporate Finance)

Dan Bate (Corporate Finance and QE)

Pippa Underwood (Corporate Finance)

Media Enquiries

Powerscourt [phone]

Justin Griffiths

Mazar Masud

Roddi Vaughan-Thomas

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 29, 2017 13:16 ET (17:16 GMT)