TIDMTND

RNS Number : 8171G

Tandem Group PLC

17 November 2022

17 November 2022

Tandem Group plc

(the "Company" or "Group")

Director/PDMR Transactions

Tandem Group plc (AIM: TND), designers, developers and distributors of sports, l eisure and mobility products, announces that it was notified on 16 November 2022 that Peter Kimberley, Chief Executive Officer of the Company, purchased 1,000 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") at a price of 320.5 pence per Ordinary Share on that same day.

As a result, Peter Kimberley is now interested in a total of 40,500 Ordinary Shares, representing 0.74% of the Company's issued share capital.

The Company further announces that it has today been notified that Steve Grant, Non-Executive Chairman of the Company, has today transferred 25,000 Ordinary Shares to his spouse, Kathryn Grant at a price of 127.5 pence per Ordinary Share ("the Transfer"). Following the Transfer, Steve Grant, together with his spouse, remains interested in a total of 285,000 Ordinary Shares, representing 5.2% of the Company's issued share capital.

The notifications below, provided in accordance with the requirements of the UK Market Abuse Regulation, provide further details.

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

 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
        Details of the person discharging managerial responsibilities/person 
  1      closely associated 
       ------------------------------------------------------------------------- 
 a.     Name                                  Peter Kimberley 
       ------------------------------------  ----------------------------------- 
        Reason for notification 
  2 
       ------------------------------------  ----------------------------------- 
 a.     Position/Status                       Chief Executive Officer 
       ------------------------------------  ----------------------------------- 
 b.     Initial notification/                 Initial Notification 
         Amendment 
       ------------------------------------  ----------------------------------- 
        Details of the issuer, emission allowance market participant, 
  3      auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------- 
 a.     Name                                  Tandem Group plc 
       ------------------------------------  ----------------------------------- 
 b.     LEI                                   N/A 
       ------------------------------------  ----------------------------------- 
        Details of the transaction(s): section to be repeated for 
  4      (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                        Ordinary Shares of 25p each 
         the financial 
         instrument, type                      ISIN: GB00B460T373 
         of instrument 
 
         Identification 
         Code 
       ------------------------------------  ----------------------------------- 
 b.     Nature of the                         Purchase of Ordinary Shares 
         transaction 
       ------------------------------------  ----------------------------------- 
 c.     Price(s) and                              Price(s)   Volume(s) 
         volume(s)                                 320.5p     1,000 
                                                             ---------- 
       ------------------------------------    --------------------------------- 
 d.     Aggregated information                 Not applicable 
         - Aggregated 
         Volume 
         - Price 
       ------------------------------------  ----------------------------------- 
 e.     Date of the transaction               16 November 2022 
       ------------------------------------  ----------------------------------- 
 f.     Place of the                          AIMX 
         transaction 
       ------------------------------------  ----------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
      ------------------------------------------------------------------------------------------ 
 a.    Name                                     1. Steve Grant 
                                                 2. Kathryn Grant 
      ----------------------------------  ------------------------------------------------------ 
       Reason for notification 
  2 
      ----------------------------------  ------------------------------------------------------ 
 a.    Position/Status                          1. Non-Executive Chairman 
                                                 2. Person closely associated with Steve Grant 
      ----------------------------------  ------------------------------------------------------ 
 b.    Initial notification/               Initial Notification 
        Amendment 
      ----------------------------------  ------------------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------ 
 a.    Name                                Tandem Group plc 
      ----------------------------------  ------------------------------------------------------ 
 b.    LEI                                 N/A 
      ----------------------------------  ------------------------------------------------------ 
       Details of the transaction(s): section to be repeated for 
  4     (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                      Ordinary Shares of 25p each 
        the financial 
        instrument, type                    ISIN: GB00B460T373 
        of instrument 
 
        Identification 
        Code 
      ----------------------------------  ------------------------------------------------------ 
 b.    Nature of the                            1. Transfer of Ordinary Shares to spouse 
        transaction                              2. Transfer of Ordinary Shares from spouse 
      ----------------------------------  ------------------------------------------------------ 
 c.    Price(s) and                            Price(s)    Volume(s) 
        volume(s)                               1. 127.5    1. 25,000 
                                                 2. 127.5    2. 25,000 
                                                           ----------- 
      ----------------------------------    ---------------------------------------------------- 
 d.    Aggregated information               Not applicable 
        - Aggregated 
        Volume 
        - Price 
      ----------------------------------  ------------------------------------------------------ 
 e.    Date of the transaction                  1. 17 November 2022 
                                                 2. 17 November 2022 
      ----------------------------------  ------------------------------------------------------ 
 f.    Place of the                             1. Outside of a trading venue 
        transaction                              2. Outside of a trading venue 
      ----------------------------------  ------------------------------------------------------ 
 

E nquiries:

Tandem Group plc

David Rock, Company Secretary

Telephone 0121 748 8075

Nominated Adviser

Cenkos Securities plc (Nominated Adviser and Broker)

Ben Jeynes / Dan Hodkinson - Corporate Finance

Michael Johnson / Russell Kerr - Sales

Telephone 020 7397 8900

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END

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November 17, 2022 10:29 ET (15:29 GMT)

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