TMT Investments executive sells shares on London Exchange

Published 17/04/2025, 14:48
TMT Investments executive sells shares on London Exchange

LONDON - TMT Investments PLC (AIM:TMT.L), a venture capital firm focused on high-growth technology companies, disclosed that Executive Director Alexander Selegenev engaged in a sale of company shares. According to the notification, Mr. Selegenev’s broker completed the disposal of 87 ordinary shares on Wednesday at a price of $2.34 per share on the London Stock Exchange (LON:LSEG)’s AIM market.

This transaction is part of a dealing announced previously on April 10, 2025. Post the sale, Alexander Selegenev and his spouse collectively own 131,544 ordinary shares of TMT Investments, which amounts to about 0.42% of the company’s issued share capital.

TMT Investments, founded in 2010, has a portfolio comprising over 50 companies with net assets totaling $208 million as of June 30, 2024. The company’s strategy is to generate returns primarily through capital appreciation for its shareholders.

The sale of shares by a director is a routine disclosure for publicly traded companies, ensuring transparency in the dealings of company insiders. Such transactions are closely monitored by investors as they can sometimes provide insights into the executives’ views on the company’s valuation.

The information regarding the share transaction was made in compliance with the EU Market Abuse Regulation, underscoring the regulatory framework that governs director dealings to maintain fair and transparent markets.

This announcement is based on a press release statement by TMT Investments PLC and is intended to provide shareholders and the market with essential information regarding the director’s dealing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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