TMT Investments PLC PDMR Shareholding (1713Y)

TIDMTMT

RNS Number : 1713Y

TMT Investments PLC

27 December 2019

27 December 2019

TMT INVESTMENTS PLC

("TMT" or the "Company")

PDMR Shareholding

TMT Investments PLC (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified on 27 December 2019 that on 24 December 2019, Artemii Iniutin, TMT's Head of Investments, acquired 434,157 ordinary shares of no par value each in the Company ("Ordinary Shares") at US$3.90 per Ordinary Share.

Following the transaction, Mr Iniutin is interested in 434,157 Ordinary Shares, representing 1.49% of the Company's issued ordinary share capital. The purchased shares represent the entire holding of the selling TMT shareholder.

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                                         Artemii Iniutin 
      -------------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                              PDMR (Head of Investments) 
      -------------------------------------------  ------------------------------------------- 
 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                    Purchase of ordinary shares 
      -------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
 
                                                     Price(s)             Volume(s) 
    US$3.90                                                               434,157 
   --------------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                          Purchase of 434,157 ordinary shares 
 
  - Price                                      US$3.90 per share 
 
 e)    Date of the transaction                      24 December 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   [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 50 companies to date and has net assets of US$107m as of 30 June 2019. 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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December 27, 2019 10:29 ET (15:29 GMT)