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 /Amendment | Initial notification | |||
| 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 financial instrument, type of instrument | Ordinary shares of no par value each | |||
| | | ||||
| 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 Alexander Selegenev Executive Director
| +44 (0)1534 281 800 (Computershare - Company Secretary)
alexander.selegenev@tmtinvestments.com
|
| Strand Hanson Limited (Nominated Adviser) James Bellman / James Dance
| +44 (0)20 7409 3494 |
| Hybridan LLP (Broker) Claire Louise Noyce
| +44 (0)20 3764 2341 |
| Kinlan Communications David Hothersall | +44 (0)20 7638 3435 |
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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