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29 August 2025 23:05:39
- Source: Sharecast
Tatton Asset Management plc
(or "the Company")
Exercise of Options, PDMR Dealings, Block Listing Application and
Total Voting Rights
Tatton Asset Management PLC (AIM: TAM), the investment management and IFA support services group announces that it has been notified that Paul Edwards, Chief Financial Officer, and certain other employees have exercised options over an aggregate of 189,937 ordinary shares of £0.20 each in the Company ("Ordinary Shares") pursuant to the 2021 and 2022 EMI Schemes (together the "Option Shares"). To satisfy the option exercise, 189,937 new Ordinary Shares will be issued.
Paul Edwards has exercised 27,180 Option Shares and therefore, following this transaction, he is interested in 538,808 Ordinary Shares representing 0.88% of the issued share capital of the Company.
Application has been made for the 189,937 new Ordinary Shares to be admitted to trading on AIM, and admission is expected to take place on or around 1 September 2025. The new Ordinary Shares will, following admission, rank pari passu in all respects with the existing Ordinary Shares in issue and will carry the right to receive all dividends and distributions declared, made or paid on or in respect of the Ordinary Shares after admission.
Block Listing Application
The Company further announces that an application has been made to the London Stock exchange for a block listing of securities in respect of 45,046 Ordinary Shares (the "Block Listing Shares") to be admitted to trading on AIM.
These Block Listing Shares will be issued from time to time in order to satisfy the requirement to allot shares under the Company's 2022 Save As You Earn ("SAYE") employee share scheme.
It is expected that admission of the Block Listing Shares will become effective on 1 September 2025. Concurrently, 25,117 Block Listing Shares will be allotted to certain employees pursuant to the SAYE employee share scheme. The remaining 19,929 Block Listing Shares will be allotted as required in due course.
The Block Listing Shares will be issued credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares of the Company.
Total Voting Rights
Following admission of the 189,937 Option Shares, and the allotment of the 25,117 Block Listing Shares ("Admission"), the Company's issued share capital will consist of 60,953,798 ordinary shares. There are no ordinary shares held in treasury. Therefore, following Admission, this figure of 60,953,798 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.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Paul Edwards |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR, Chief Financial Officer |
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Tatton Asset Management plc |
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b) |
LEI |
213800G2F8I1N7HTVP88 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of £0.20 each
ISIN: GB00BYX1P358 |
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b) |
Nature of the transaction |
Exercise of options |
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c) |
Price(s) and volume(s) |
Exercise of options
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d) |
Aggregated information - Aggregated volume - Price |
As above
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e) |
Date of the transaction |
1 September 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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For further information please contact:
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Tatton Asset Management plc Paul Hogarth (Chief Executive Officer) Paul Edwards (Chief Financial Officer) Lothar Mentel (Chief Investment Officer)
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+44 (0) 161 486 3441 |
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Zeus - Nomad and Broker Martin Green (Investment Banking) Dan Bate (Investment Banking and QE)
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+44 (0) 20 3829 5000 |
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Singer Capital Markets - Joint Broker
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+44 (0) 20 7496 3000 |
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RBC Capital Markets - Joint Broker Oliver Hearsey / Elliot Thomas / Kathryn Deegan
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+44 (0) 20 7653 4000 |
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Gracechurch Group - Financial PR and IR Heather Armstrong / Henry Gamble / Rebecca Scott
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+44 (0) 20 4582 3500 |
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Trade Media Enquiries Roddi Vaughan Thomas |
+44 (0) 7469 854 011 |
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