25 October 2023
TMT INVESTMENTS PLC
("TMT" or the "Company")
Director Dealing
TMT Investments Plc (AIM: TMT.L), the venture capital company investing in high-growth technology companies, announces that it was notified on 24 October 2023 that Alexander Selegenev, the Company's Executive Director, sold, in aggregate, 45,477 ordinary shares of no par value each in the Company ("Ordinary Shares") at an average price of US$2.50 per Ordinary Share and acquired, through a combination of his and his wife's personal ISA accounts, in aggregate, 46,419 Ordinary Shares at an average price of US$2.50 per Ordinary Share (the "Acquired Shares") on 23/24 October 2023 (the "Share Transactions"). Of the Acquired Shares, 21,419 were acquired by Mr. Selegenev and 25,000 were acquired by Mr. Selegenev's wife.
Following the Share Transactions, Mr Selegenev and his wife together hold, in aggregate, 131,690 Ordinary Shares representing approximately 0.42 per cent. of the Company's currently issued share capital.
For further information contact:
| TMT Investments Plc Alexander Selegenev Executive Director
| +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 |
| Cavendish (Joint Broker) Ben Jeynes
| +44 (0)20 7397 8900 |
| Hybridan LLP (Joint Broker) Claire Louise Noyce
| +44 (0)20 3764 2341 |
| Kinlan Communications David Hothersall
| +44 (0)20 7638 3435 |
About TMT Investments Plc
TMT Investments Plc invests in high-growth technology companies globally across a number of core specialist sectors. Founded in 2010, TMT has a current investment portfolio of over 55 companies and net assets of US$199 million as of 30 June 2023. 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.
PDMR Notification Form
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 | 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 (the "Issuer") | ||||||||||
| 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 | A disposal of 45,477 ordinary shares and an acquisition of 46,419 ordinary shares in the Issuer. | ||||||||||
| c) | Price(s) and volume(s) | Disposals | ||||||||||
| | | Price(s) | Volume(s) | | ||||||||
| | | USD 2.500 | 23,977 | | ||||||||
| | | USD 2.501 | 16,500 | | ||||||||
| | | USD 2.500 | 5,000 | | ||||||||
| | |
Acquisition
|
| |||||||||
| d) | Aggregated information | | ||||||||||
| | | |||||||||||
| - Aggregated volume | Disposal of, in aggregate, 45,477 ordinary shares and acquisition of, in aggregate, 46,419 ordinary shares | |||||||||||
| | | |||||||||||
| - Price | Average price of disposals of US$2.50 and average price of acquisition of US$2.50 | |||||||||||
| | | |||||||||||
| e) | Date of the transaction | 23 October 2023 24 October 2023 | ||||||||||
| f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||||||||
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