LONDON - TMT Investments PLC (AIM: TMT.L), a venture capital firm focused on high-growth technology companies, disclosed that Alexander Selegenev, the company's Executive Director, engaged in a share transaction involving his and his wife's personal holdings. On Monday, Mr. Selegenev sold 9,000 ordinary shares at an average price of $3.00 each. Simultaneously, his wife acquired the same number of shares at the same price for her personal ISA account.
Following these transactions, the combined holding of Mr. Selegenev and his wife amounts to 131,647 ordinary shares. This represents approximately 0.42% of TMT Investments' issued share capital. The transactions took place on the London Stock Exchange (LON:LSEG)'s AIM market.
TMT Investments, established in 2010, boasts a diverse investment portfolio with over 50 companies and reported net assets of $208 million as of June 30, 2024. The company's main objective is to deliver an attractive return on investment through capital appreciation. The company's shares are publicly traded on the AIM market of the London Stock Exchange.
The reported share transactions are in compliance with the EU Market Abuse Regulation, which requires detailed disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
This news is based on a press release statement and provides a factual account of the share transactions made by an executive of TMT Investments PLC.
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