TMT Investments PLC Director/PDMR Shareholding (6033L)

TIDMTMT

RNS Number : 6033L

TMT Investments PLC

13 January 2021

13 January 2021

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 today that Alexander Selegenev, Executive Director of TMT, had sold a total of 5,500 ordinary shares of no par value each in the Company ("Ordinary Shares") at an average price of US$8.40 per share.

Following the transaction, Mr Selegenev remains interested in 46,000 Ordinary Shares, representing approximately 0.16% 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 of ordinary shares 
      -------------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                     Price(s)                Volume(s) 
    US$9.00                                                                  200 
   -----------------------------------------------------------------------  --------------------- 
    US$8.90                                                                  200 
   -----------------------------------------------------------------------  --------------------- 
    US$8.70                                                                  750 
   -----------------------------------------------------------------------  --------------------- 
    US$8.30                                                                  650 
   -----------------------------------------------------------------------  --------------------- 
    US$8.295                                                                 3700 
   -----------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                          Disposal of, in aggregate, 5,500 ordinary 
                                                shares 
 
  - Price                                      Average price of disposals of US$8.40 
 
 e)    Date of the transaction                      12 and 13 January 2021 
      -------------------------------------------  ------------------------------------------------ 
 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) 
 James Bellman / James Dance       [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 65 companies to date and has net assets of US$101 million as of 30 June 2020. 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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January 13, 2021 11:15 ET (16:15 GMT)