Business
Exercise of options and PDMR dealing
Exercise of options and PDMR dealing.
About this update from Tatton Asset Management Plc
[{"type":"text","content":"\n\n \nTatton Asset Management plc\n(or \"the Company\") \n \nExercise of options and PDMR dealing\n \nTatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business announces that it has issued an aggregate 446,245 ordinary shares of £0.20 each (\"Ordinary Shares\") to satisfy certain employees who have elected to exercise their options pursuant to the Company's employee sharesave scheme, the 2018 EMI Scheme and 2020 EMI Scheme (together the \"Option Shares\").\nApplication has been made for the newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 01 September 2023 (\"Admission\"). Following Admission, the Company's issued share capital will consist of 60,501,968 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 60,501,968 should be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.\nAs part of the above, certain PDMRs have exercised options over an aggregate of 182,360 shares. The Option Exercise includes certain share options being exercised by Lothar Mentel, Chief Investment Officer, who following the exercise will be interested in 1,110,233 Ordinary Shares, representing approximately 1.84 per cent. Of the Company's Ordinary Share capital.\n The full details of these PDMR dealings are shown in the tables below.\n \nFor further information please contact:\n \n\n\n\nTatton Asset Management PLC\nPaul Hogarth (Chief Executive Officer) \nPaul Edwards (Chief Financial Officer) \nLothar Mentel (Chief Investment Officer)\n \n\n\n \n \n \n \n+44 (0) 161 486 3441\n\n\n\n\nZeus - Nomad and Broker\nMartin Green \nDan Bate\n \n\n\n \n \n ...