TIDMTAVI

RNS Number : 0194O

Tavistock Investments PLC

15 August 2017

Tavistock Investments Plc

Director/PDMR Shareholding

Tavistock Investments Plc ("Tavistock" or the "Company"), the financial services group, announces that the Company's Chief Executive, Brian Raven, yesterday made a market purchase of 308,000 shares of 1p each in the capital of the Company at a price of 3.25p per share.

Following this purchase, Mr Raven is interested in 63,527,379 ordinary shares of 1p each representing 11.83 per cent. of the issued share capital of the Company. In addition, he holds performance related options over an aggregate total of 11,600,000 shares with an exercise price of 5.25p per share.

Enquiries

 
 Tavistock Investments     Tel: 01753 867000 
  Plc 
  Oliver Cooke 
  Brian Raven 
 
 Arden Partners Plc        Tel: 020 7614 5900 
  William Vandyk 
 
 Allenby Capital Limited   Tel: 020 3328 5656 
  Nick Naylor 
  Nick Athanas 
 
 Templars Communications   Tel: 020 3642 3140 
  Limited 
  Kitty Parry 
  Malika Shermatova

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
1   Details of the person discharging managerial responsibilities / person closely associated 
    ---------------------------------------------------------------------------------------------- 
a)  Name                                                          Brian Raven 
    ------------------------------------------------------------  -------------------------------- 
2   Reason for the notification                                   Market purchase of shares 
    ------------------------------------------------------------  -------------------------------- 
a)  Position/status                                               Chief Executive 
    ------------------------------------------------------------  -------------------------------- 
b)  Initial notification /Amendment                               Initial notification 
    ------------------------------------------------------------  -------------------------------- 
3   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
    ---------------------------------------------------------------------------------------------- 
a)  Name                                                          Tavistock Investments Plc 
    ------------------------------------------------------------  -------------------------------- 
b)  LEI                                                            21380078QEABEGTVT16 
    ------------------------------------------------------------  -------------------------------- 
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 GBP0.01 each 
     Identification code 
                                                                    ISIN: GB00BLNMLS43 
    ------------------------------------------------------------  -------------------------------- 
b)  Nature of the transaction                                     Acquisition of shares 
    ------------------------------------------------------------  -------------------------------- 
c)  Price(s) and volume(s)                                         Price   No. of shares 
                                                                    0.0325  308,000 
    ------------------------------------------------------------  -------------------------------- 
d)  Aggregated information 
     - Aggregated volume                                            308,000 
     - Price                                                        GBP10,010 
    ------------------------------------------------------------  -------------------------------- 
e)  Date of the transaction                                       14 August 2017 
    ------------------------------------------------------------  -------------------------------- 
f)  Place of the transaction                                      London Stock Exchange, AIM 
    ------------------------------------------------------------  --------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 15, 2017 04:36 ET (08:36 GMT)

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