Source - LSE Regulatory
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 /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

www.tmtinvestments.com

 

+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

davidh@kinlan.net

 

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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