Director/PDMR Shareholding
Truetide plc announced that Chief Executive Trevor Brown sold 7,500 ordinary shares at 2.7 pence per share on 18 May 2026, reducing his beneficial holding to 22,132,715 shares, representing approximately 28.2% of the company's voting rights. Following this transaction, the Brown Hallam Concert Party, which includes Trevor Brown and Viv Hallam, now collectively holds 23,541,610 ordinary shares, equating to 29.99% of the total issued share capital and voting rights.
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Truetide (AIM: TRUE) has been notified that, on 18 May 2026, Trevor Brown, Chief Executive of the Company, sold 7,500 ordinary shares of 2 pence each in the in the Company ("Ordinary Shares") at a price of 2.7 pence per Ordinary Share in the market.
Accordingly, Trevor Brown's total beneficial shareholding in the Company has decreased to 22,132,715 Ordinary Shares, which represents approximately 28.2% of the Company's current voting rights.
Following the sale of Ordinary Shares by Trevor Brown, the Brown Hallam Concert Party, comprising Trevor Brown and Viv Hallam, now has a combined shareholding of 23,541,610 Ordinary Shares, representing 29.99% of the total issued share capital and voting rights of the Company.
Further details are provided in the form below in accordance with the requirements of the UK Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Trevor Brown | |
| 2 | Reason for the notification | ||
| a) | Position/status | CEO | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | Truetide plc | |
| b) | LEI | 2138006HQ3COMU626I61 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 2 pence each in Truetide plc GB00B13XV322 | |
| b) | Nature of the transactions | Sale of ordinary shares | |
| c) | Price(s) and volume(s) | Price(s) 2.7p | Volume(s) 7,500 |
| d) | Aggregated information - Aggregated volume - Price - Principal amount | As above | |
| e) | Date of the transaction | 18 May 2026 | |
| f) | Place of transaction | London Stock Exchange, AIM Market | |
| Truetide plc | Tel: 01738 587555 | ||
| Trevor Brown, Chief Executive Officer Viv Hallam, Executive Director | |||
| Allenby Capital Limited (Nominated Adviser and Joint Broker) | Tel: 020 3328 5656 | ||
| James Reeve / Ashur Joseph | |||
| AlbR Capital Limited (Joint Broker) | Tel: 020 7469 0936 | ||
Duncan Vasey / Lucy Williams
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.