Tavistock Investments Plc
("Tavistock" or the "Company")
Exercise of Options and Total Voting Rights
16 February 2023
Tavistock announces that it has received valid notices of exercise in relation to share options over 1,425,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares"). The options have been exercised by a number of employees at a price of 5.25 pence per Ordinary Share.
Application has been made to the London Stock Exchange for the 1,425,000 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on, or around, 22 February 2023.
Total voting rights
Upon Admission, the issued share capital of the Company will consist of 556,857,576 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury.
Therefore, the total number of Ordinary Shares and voting rights in the Company will, following Admission, be 556,857,576. From Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information:
| Tavistock Investments Plc Oliver Cooke Brian Raven
| Tel: 01753 867000 |
| Allenby Capital Limited (Nominated adviser and broker) Corporate Finance: Nick Naylor, Nick Athanas, Daniel Dearden-Williams Sales and Corporate Broking: Tony Quirke
| Tel: 020 3328 5656 |
| Powerscourt Gilly Lock Roxane Girard
| Tel: 07711 380 007 020 7250 1446 |
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