Tatton Asset Management PLC Issue of shares and PDMR Dealings (7316K)

TIDMTAM

RNS Number : 7316K

Tatton Asset Management PLC

03 September 2021

Tatton Asset Management plc

(or "the Company")

Issue of shares and PDMR Dealings

Tatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business announces that it has issued an aggregate 29,742 ordinary shares of GBP0.20 each to employees who have elected to exercise their options pursuant to the Company's Save As You Earn ("SAYE") employee share scheme.

Application has been made for the newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 9 September 2021 ("Admission"). Following Admission, the Company's issued share capital will consist of 57,929,395 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 57,929,395 should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

As part of the above, certain PDMRs and PCAs have exercised options over a total of 12,314 shares at an exercise price of GBP1.90 per share. The details of these dealings are shown in the tables below.

For further information, please contact:

 
 Tatton Asset Management PLC                         [phone] 
 Paul Hogarth, Chief Executive Officer 
  Paul Edwards, Chief Financial Officer 
  Lothar Mentel, Chief Investment Officer 
 
 Zeus Capital (NOMAD and Joint Broker)                [phone] 
 Martin Green 
  Dan Bate 
 
 N+1 Singer (Joint Broker) 
 Rachel Hayes 
  Peter Steel                                         [phone] 
 
 Belvedere Communications - Financial 
  PR                                                  [phone] 
  John West / Llew Angus (media)                     + 44 (0) 7715 769078 
  Cat Valentine / Keeley Clarke (investors)      [e-mail] 
 
 Media Enquiries                                      [phone] 
 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                       Claire MacNeill 
     -------------------------  ------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status            PDMR, Office Manager 
     -------------------------  ------------------------------------- 
 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                  Exercise of Options (SAYE) 
       the transaction 
     -------------------------  ------------------------------------- 
 c)   Price(s) and                          Price: GBP1.90 
       volume(s)                             Volume: 947 
     -------------------------  ------------------------------------- 
 d)   Aggregated 
       information                 N/a - single transaction 
       - Aggregated 
       volume 
       - Price 
     -------------------------  ------------------------------------- 
 e)   Date of the                01 September 2021 
       transaction 
     -------------------------  ------------------------------------- 
 f)   Place of the               London stock Exchange, AIM 
       transaction 
     -------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Ryan Seaton 
     ---------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status        PDMR, Business Development Director 
     ---------------------  -------------------------------------------- 
 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              Exercise of Options (SAYE) 
       the transaction 
     ---------------------  -------------------------------------------- 
 c)   Price(s) and                      Price: GBP1.90 
       volume(s)                         Volume: 1,894 
     ---------------------  -------------------------------------------- 
 d)   Aggregated              N/a - single transaction 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  -------------------------------------------- 
 e)   Date of the            01 September 2021 
       transaction 
     ---------------------  -------------------------------------------- 
 f)   Place of the                            London stock Exchange, AIM 
       transaction 
     ---------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Michelle Murrell 
     ---------------------  ---------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status        PCA to Anthony Murrell (Sales Partner, a PDMR 
                              of the Company) 
     ---------------------  ---------------------------------------------- 
 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              Exercise of Options (SAYE) 
       the transaction 
     ---------------------  ---------------------------------------------- 
 c)   Price(s) and                      Price: GBP1.90 
       volume(s)                         Volume: 9,473 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated 
       information             N/a - single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            01 September 2021 
       transaction 
     ---------------------  ---------------------------------------------- 
 f)   Place of the           London stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------------------------- 
 

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September 03, 2021 09:51 ET (13:51 GMT)