5 February 2025
Tatton Asset Management plc
(or "the Company")
Grant of Options and PDMR Dealings
Tatton Asset Management PLC (AIM: TAM), the investment management and IFA support services group announces that it has issued a new annual award under the Company's EMI scheme to the following Directors/PDMRs by way of nil cost options ("EMI Award").
The EMI Awards entitle the PDMRs to acquire Ordinary Shares up to a maximum number of shares set out below, subject to the satisfaction of certain performance criteria over a three-year vesting period to the year ended 31 March 2027.
| PDMR | Position | EMI Award - Maximum number of Ordinary Shares exercisable | Total number of options outstanding and unexercised following the EMI Award1 |
| Paul Hogarth | Chief Executive Officer | 110,887 | 481,743 |
| Paul Edwards | Chief Financial Officer | 70,565 | 283,223 |
| Lothar Mentel | Chief Investment Officer | 70,565 | 1,349,338 |
| Total |
| 252,017 | 2,114,3042 |
Note1: the total number of options outstanding excludes any options that the PDMRs may hold in the Company wide employee sharesave scheme
Note2: The total number of Options vested but not yet exercised is 1,712,287
In common with previous awards, the number of options to vest will be dependent on the level of achievement between certain performance conditions, as previously detailed in the Company's Annual Remuneration Committee Report. The Remuneration Committee believe the performance criteria to be fair and appropriate conditions to sufficiently incentivise and reward participants to achieve long term profitable growth.
For further information please contact:
| Tatton Asset Management plc Paul Hogarth (Chief Executive Officer) Paul Edwards (Chief Financial Officer) Lothar Mentel (Chief Investment Officer)
| +44 (0) 161 486 3441 |
| Zeus - Nomad and Broker Martin Green (Investment Banking) Dan Bate (Investment Banking and QE)
| +44 (0) 20 3829 5000 |
| Singer Capital Markets - Joint Broker Peter Steel (Investment Banking)
|
+44 (0) 20 7496 3000 |
| Gracechurch Group - Financial PR and IR Heather Armstrong / Henry Gamble / Rebecca Scott
|
+44 (0) 20 4582 3500 |
| Trade Media Enquiries Roddi Vaughan Thomas |
+44 (0) 7469 854 011 |
For more information, please visit: www.tattonassetmanagement.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
The information below, set out in accordance with the requirements of the MAR, provides further detail.
| | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul Hogarth | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR, Chief Executive Officer | ||||
| 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 |
a) Grant of EMI options | ||||
| c) | Price(s) and volume(s) | a)
| ||||
| d) | Aggregated information - Aggregated volume - Price | a)
| ||||
| e) | Date of the transaction | a) 03 February 2025 | ||||
| f) | Place of the transaction | a) Outside a trading venue | ||||
| | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul Edwards | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR, Chief Financial Officer | ||||
| 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 | a) Grant EMI Options | ||||
| c) | Price(s) and volume(s) | a)
| ||||
| d) | Aggregated information - Aggregated volume - Price | a)
| ||||
| e) | Date of the transaction | a) 03 February 2025 | ||||
| f) | Place of the transaction | a) Outside a trading venue
| ||||
| | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Lothar Mentel | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR, Chief Investment Officer | ||||
| 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 | a) Grant of EMI options | ||||
| c) | Price(s) and volume(s) | a)
| ||||
| d) | Aggregated information - Aggregated volume - Price | a)
| ||||
| e) | Date of the transaction | a) 03 February 2025 | ||||
| f) | Place of the transaction | a) Outside a trading venue | ||||
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