TMT Investments PLC Director/PDMR Shareholding (1171F)

TIDMTMT

RNS Number : 1171F

TMT Investments PLC

10 July 2019

10 July 2019

TMT INVESTMENTS PLC

("TMT" or the "Company")

Director/PDMR Shareholding

TMT Investments PLC (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified on 9 July 2019 that Alexander Selegenev, Executive Director of TMT, had sold, in aggregate, 23,400 ordinary shares of no par value each in the Company ("Ordinary Shares") at an average price of US$3.60 per share. The Company has also been notified that Mr Selegenev purchased, in aggregate, 23,400 Ordinary Shares at an average price of US$3.60 per share into his ISA accounts on 9 July 2019.

Following these transactions, Mr Selegenev therefore remains interested in 61,076 Ordinary Shares, representing approximately 0.21% of the Company's issued ordinary share capital.

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.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                         Alexander Selegenev 
      -------------------------------------------  ------------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------- 
 a)    Position/status                              PDMR (Executive Director) 
      -------------------------------------------  ------------------------------------------------- 
 b)    Initial notification                         Initial notification 
        /Amendment 
      -------------------------------------------  ------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------------------- 
 a)    Name                                         TMT Investments Plc 
      -------------------------------------------  ------------------------------------------------- 
 b)    LEI                                          213800UGZLGI4R6YW964 
      -------------------------------------------  ------------------------------------------------- 
 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                           Ordinary shares of no par value each 
        financial instrument, 
        type of instrument 
 
       Identification code                          JE00B3RQZ289 
 
 b)    Nature of the transaction                    Disposal and purchase of ordinary shares 
      -------------------------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s)                       Disposals 
                                                     Price(s)                Volume(s) 
    US$3.80                                                                  2,600 
   -----------------------------------------------------------------------  ---------------------- 
    US$3.60                                                                  7,300 
   -----------------------------------------------------------------------  ---------------------- 
    US$3.56                                                                  6,000 
   -----------------------------------------------------------------------  ---------------------- 
    US$3.56                                                                  7,500 
   -----------------------------------------------------------------------  ---------------------- 
 
                                                    Acquisitions 
                                                     Price(s)                Volume(s) 
    US$3.79                                                                  2,600 
   -----------------------------------------------------------------------  ---------------------- 
    US$3.60                                                                  7,300 
   -----------------------------------------------------------------------  ---------------------- 
    US$3.56                                                                  6,000 
   -----------------------------------------------------------------------  ---------------------- 
    US$3.56                                                                  7,500 
   -----------------------------------------------------------------------  ---------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                          Disposal of, in aggregate, 23,400 ordinary 
                                                shares and acquisition of, in aggregate 
                                                23,400 ordinary shares 
 
  - Price                                      Average price of disposals of US$3.60 and 
                                                average price of acquisitions of US$3.60 
 
 e)    Date of the transaction                      9 July 2019 
      -------------------------------------------  ------------------------------------------------- 
 f)    Place of the transaction                     London Stock Exchange, AIM (XLON) 
      -------------------------------------------  ------------------------------------------------- 
 

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) 
 Richard Tulloch / James Dance 
 / Eric Allan                    [phone] 
Hybridan LLP 
 (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 across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 45 companies to date and has latest announced net assets of US$90m. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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July 10, 2019 07:32 ET (11:32 GMT)