Tavistock Investments PLC Director/PDMR Shareholding (0528L)

TIDMTAVI

RNS Number : 0528L

Tavistock Investments PLC

16 April 2018

Tavistock Investments Plc

Director / PDMR shareholding

Tavistock Investments Plc ("Tavistock" or the "Company"), the financial services group, announces that the Company's Chief Executive, Brian Raven, has made market and off-market purchases of an aggregate total of 328,333 ordinary shares of 1p each in the capital of the Company at an average price of 3.05p per share.

Following this transaction, Mr Raven is interested in 63,855,712 ordinary shares of 1p each representing 11.89 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 31,600,000 shares with exercise prices ranging from 5.25p per share to 6.5p per share.

Enquiries

 
 Tavistock Investments Plc   Tel: [phone] 
  Oliver Cooke 
  Brian Raven 
 
 Arden Partners Plc          Tel: [phone] 
  Paul Shackleton 
 
 Allenby Capital Limited     Tel: [phone] 
  Nick Naylor 
  Nick Athanas 
 
 Vested                      Tel: [phone] 
  Kitty Parry 
  Elspeth Rothwell 
 

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                                                         Brian Raven 
2   Reason for the notification                                  Purchase of shares 
a)  Position/status                                              Chief Executive 
b)  Initial notification /Amendment                              Initial notification 
3   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                         Tavistock Investments Plc 
b)  LEI                                                           21380078QEABEGTVT16 
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 the financial instrument, type of instrument   Ordinary Shares of GBP0.01 each 
     Identification code 
                                                                   ISIN: GB00BLNMLS43 
b)  Nature of the transaction                                    Acquisition of shares 
c)  Price(s) and volume(s)                                        Average Price (GBP)  No. of shares 
                                                                   0.0305               328,333 
d)  Aggregated information 
     - Aggregated volume                                           328,333 
     - Price                                                       GBP10,014 
e)  Date of the transaction                                      13 April 2018 
f)  Place of the transaction                                     Off market and on London Stock Exchange, AIM 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 16, 2018 07:56 ET (11:56 GMT)