Tatton Asset Management plc
(or "the Company")
Issue of shares and PDMR Dealings
Tatton Asset Management PLC (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business announces that it has issued an aggregate 29,742 ordinary shares of £0.20 each to employees who have elected to exercise their options pursuant to the Company's Save As You Earn ("SAYE") employee share scheme.
Application has been made for the newly issued shares to be admitted to trading on AIM, and admission is expected to take place on 9 September 2021 ("Admission"). Following Admission, the Company's issued share capital will consist of 57,929,395 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 57,929,395 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.
As part of the above, certain PDMRs and PCAs have exercised options over a total of 12,314 shares at an exercise price of £1.90 per share. The details of these dealings are shown in the tables below.
For further information, please contact:
| Tatton Asset Management PLC | +44 (0) 161 486 3441 |
| Paul Hogarth, Chief Executive Officer Paul Edwards, Chief Financial Officer Lothar Mentel, Chief Investment Officer |
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| Zeus Capital (NOMAD and Joint Broker) | +44 (0)20 3829 5000 |
| Martin Green Dan Bate |
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| N+1 Singer (Joint Broker) |
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| Rachel Hayes Peter Steel | +44 (0)20 7496 3000 |
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| Belvedere Communications - Financial PR John West / Llew Angus (media) Cat Valentine / Keeley Clarke (investors)
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+44 (0) 7407 023147 +44 (0) 7715 769078 tattonpr@belvederepr.com
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| Media Enquiries | +44 (0)20 7139 1452 |
| Roddi Vaughan-Thomas |
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Notes to editors
Tatton Asset Management offers a range of services to Directly Authorised financial advisers in the UK, including on-platform only discretionary fund management, regulatory, compliance and business consulting services, and a whole of market mortgage provision.
For more information, please visit: www.tattonassetmanagement.com
The information below, set out in accordance with the requirements of the MAR, provides further detail.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Claire MacNeill |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR, Office Manager |
| b)
| Initial notification /Amendment | Initial notification |
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Tatton Asset Management plc |
| b) | LEI | 213800G2F8I1N7HTVP88 |
| 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 Identification code | Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
| b) | Nature of the transaction | Exercise of Options (SAYE)
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| c) | Price(s) and volume(s) | Price: £1.90 Volume: 947
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| d) | Aggregated information - Aggregated volume - Price |
N/a - single transaction |
| e) | Date of the transaction | 01 September 2021 |
| f) | Place of the transaction | London stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Ryan Seaton |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR, Business Development Director |
| b)
| Initial notification /Amendment | Initial notification |
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Tatton Asset Management plc |
| b) | LEI | 213800G2F8I1N7HTVP88 |
| 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 Identification code | Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
| b) | Nature of the transaction | Exercise of Options (SAYE)
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| c) | Price(s) and volume(s) | Price: £1.90 Volume: 1,894
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| d) | Aggregated information - Aggregated volume - Price | N/a - single transaction |
| e) | Date of the transaction | 01 September 2021 |
| f) | Place of the transaction | London stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Michelle Murrell |
| 2 | Reason for the notification | |
| a) | Position/status | PCA to Anthony Murrell (Sales Partner, a PDMR of the Company) |
| b)
| Initial notification /Amendment | Initial notification |
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Tatton Asset Management plc |
| b) | LEI | 213800G2F8I1N7HTVP88 |
| 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 Identification code | Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
| b) | Nature of the transaction | Exercise of Options (SAYE)
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| c) | Price(s) and volume(s) | Price: £1.90 Volume: 9,473
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| d) | Aggregated information - Aggregated volume - Price |
N/a - single transaction |
| e) | Date of the transaction | 01 September 2021 |
| f) | Place of the transaction | London stock Exchange, AIM |
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