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Chelverton Asset Management Discloses Stake in Tyman PLC
Chelverton Asset Management has disclosed holding a significant position in Tyman PLC, according to a recent regulatory filing. The disclosure, dated 26 April 2024, was made under Rule 8.3 of the Takeover Code, indicating that the asset management firm controls 5,700,169 shares, representing 2.90% of the company. This position reflects the interests Chelverton Asset Management has in the ordinary shares of Tyman PLC.
In addition to holding these shares, the filing revealed a transaction where 75,000 ordinary shares were sold at a price of £3.78 each. No further dealings in derivatives or other securities related to Tyman PLC were reported. The disclosure confirms Chelverton Asset Management's compliance with the required reporting under the Takeover Code and provides transparency regarding its dealings in Tyman PLC's shares.
R. E.
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