TMT Investments PLC Director Dealing (1738R)

TIDMTMT

RNS Number : 1738R

TMT Investments PLC

25 October 2023

25 October 2023

TMT INVESTMENTS PLC

("TMT" or the "Company")

Director Dealing

TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified on 24 October 2023 that Alexander Selegenev, the Company's Executive Director, sold, in aggregate, 45,477 ordinary shares of no par value each in the Company ("Ordinary Shares") at an average price of US$2.50 per Ordinary Share and acquired, through a combination of his and his wife's personal ISA accounts, in aggregate, 46,419 Ordinary Shares at an average price of US$2.50 per Ordinary Share (the "Acquired Shares") on 23/24 October 2023 (the "Share Transactions"). Of the Acquired Shares, 21,419 were acquired by Mr. Selegenev and 25,000 were acquired by Mr. Selegenev's wife.

Following the Share Transactions, Mr Selegenev and his wife together hold, in aggregate, 131,690 Ordinary Shares representing approximately 0.42 per cent. of the Company's currently issued share capital.

For further information contact :

 
TMT Investments Plc            [phone] 
 Alexander Selegenev            (Computershare - Company Secretary) 
 Executive Director 
 www.tmtinvestments.com         [e-mail] 
Strand Hanson Limited 
 (Nominated Adviser) 
 James Bellman / James Dance   [phone] 
Cavendish 
 (Joint Broker) 
 Ben Jeynes                    [phone] 
Hybridan LLP 
 (Joint Broker) 
 Claire Louise Noyce           [phone] 
Kinlan Communications          [phone] 
 David Hothersall               [e-mail] 
 

About TMT Investments Plc

TMT Investments Plc invests in high-growth technology companies globally across a number of core specialist sectors. Founded in 2010, TMT has a current investment portfolio of over 55 companies and net assets of US$199 million as of 30 June 2023. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com .

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PDMR Notification Form

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the transaction as described above.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                        Alexander Selegenev 
      ------------------------------------------  --------------------------------------------------------- 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------------------------- 
 a)    Position/status                             Executive Director 
      ------------------------------------------  --------------------------------------------------------- 
 b)    Initial notification                        Initial notification 
        /Amendment 
      ------------------------------------------  --------------------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------------------- 
 a)    Name                                        TMT Investments Plc (the "Issuer") 
      ------------------------------------------  --------------------------------------------------------- 
 b)    LEI                                         213800UGZLGI4R6YW964 
      ------------------------------------------  --------------------------------------------------------- 
       Details of the transaction(s): section to be repeated for (i) 
  4     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                          Ordinary shares of no par value each 
        financial instrument, 
        type of instrument 
 
       Identification code                         JE00B3RQZ289 
 
 b)    Nature of the transaction                   A disposal of 45,477 ordinary shares and an 
                                                    acquisition of 46,419 ordinary shares in the 
                                                    Issuer. 
      ------------------------------------------  --------------------------------------------------------- 
 c)    Price(s) and volume(s)                        Disposals 
                                                    Price(s)                     Volume(s) 
    USD 2.500                                                                    23,977 
   ---------------------------------------------------------------------------  ------------------------- 
    USD 2.501                                                                    16,500 
   ---------------------------------------------------------------------------  ------------------------- 
    USD 2.500                                                                    5,000 
   ---------------------------------------------------------------------------  ------------------------- 
 
      Acquisition Price(s)     Volume(s) 
       USD 2.499    25,000 
                   ---------- 
       USD 2.501    16,419 
                   ---------- 
       USD 2.487    5,000 
                   ---------- 
   ------------------------------------------------------------------------------------------------------ 
 d)    Aggregated information 
 
  - Aggregated volume                         Disposal of, in aggregate, 45,477 ordinary shares 
                                               and acquisition of, in aggregate, 46,419 ordinary 
                                               shares 
 
  - Price                                     Average price of disposals of US$2.50 and average 
                                               price of acquisition of US$2.50 
 
 e)    Date of the transaction                     23 October 2023 
    24 October 2023 
  --------------------------------------------------------------------------------------------------------- 
 f)    Place of the transaction                    London Stock Exchange, AIM (XLON) 
      ------------------------------------------  --------------------------------------------------------- 
 

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END

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October 25, 2023 02:00 ET (06:00 GMT)