Tatton Asset Management PLC (AIM: TAM), the investment management and IFA support services group, has announced that Chief Investment Officer Lothar Mentel exercised options over 4,768 ordinary shares on 13 November 2026 under the company's 2023 employee sharesave scheme. The shares, each with a nominal value of £0.20, were exercised at a price of 389p and satisfied through an award from the company's Employee Benefit Trust. Following the transaction, Mentel holds 1,391,007 ordinary shares, representing 2.27% of Tatton's issued share capital, making this a notable PDMR disclosure for investors monitoring insider activity at the AIM-listed firm.

Key Points

  • Tatton Asset Management PLC (AIM: TAM) — investment management and IFA support services group
  • CIO Lothar Mentel exercised options over 4,768 ordinary shares under the 2023 employee sharesave scheme at 389p per share
  • Mentel's total interest following the transaction stands at 1,391,007 ordinary shares, equal to 2.27% of issued share capital
  • Investors may watch for further PDMR activity and updates on assets under management from Tatton's leadership team

Lothar Mentel Exercises 2023 Sharesave Scheme Options at 389p Per Share

The announcement states that Lothar Mentel, who serves as Chief Investment Officer at Tatton Asset Management, exercised options over an aggregate of 4,768 ordinary shares of £0.20 each on 13 November 2026. The exercise price was 389p per share, with the transaction conducted outside a trading venue. The ordinary shares carry ISIN GB00BYX1P358 and were delivered to Mentel from the company's Employee Benefit Trust rather than through a new issuance, meaning no new share capital was created as a result of this transaction.

Mentel's Stake in Tatton Asset Management Rises to 2.27% of Issued Capital

Following completion of the option exercise, the disclosure confirms that Mentel is now interested in 1,391,007 ordinary shares in Tatton Asset Management, representing 2.27% of the company's total issued share capital. This level of executive shareholding may be viewed by some investors as a signal of continued alignment between senior management and shareholders. The transaction has been reported in accordance with the UK Market Abuse Regulation, which applies as part of UK domestic law following the European Union (Withdrawal) Act 2018, and constitutes an initial notification from the PDMR.

Tatton Asset Management's Business Model and IFA Support Services Focus

Tatton Asset Management operates as an investment management and IFA support services group listed on AIM. The company provides discretionary fund management and broader support infrastructure to independent financial advisers across the UK. Mentel, as Chief Investment Officer, plays a central role in shaping the group's investment strategy and product development. The company's brokers include Zeus as Nomad and broker, alongside Singer Capital Markets and RBC Capital Markets as joint brokers, reflecting the breadth of its capital markets relationships as it continues to develop its managed portfolio service proposition.