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CEO Increases shareholding

20 Nov 2020 16:45

RNS Number : 0730G
AdEPT Technology Group PLC
20 November 2020
 

AdEPT Technology Group PLC

("AdEPT" or the "Company" together with its subsidiaries the "AdEPT Group")

 

Chief Executive increases shareholding

 

AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, was notified that Phil Race (Chief Executive) has purchased of 5,600 ordinary shares of 10p each ("Ordinary Shares") at a price of 223p per Ordinary Share.

 

Following the purchase, Mr Race is interested in 16,191 Ordinary Shares, representing approximately 0.06 per cent. of the current issued share capital of the Company.

 

For more information please contact:

 

AdEPT Technology Group Plc

Ian Fishwick, Chairman

Phil Race, Chief Executive

John Swaite, Finance Director

 

 

 

07720 555 050

07798 575 338

01892 550 243

 

N+1 Singer

Nominated Adviser & Broker

Shaun Dobson/Iqra Amin

 

020 7496 3000

 

About AdEPT Technology Group plc:

 

AdEPT Technology Group plc is one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions. AdEPT's tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as Openreach, BT Wholesale, Virgin Media, Avaya, Microsoft, Dell and Apple.

 

AdEPT is quoted on AIM, operated by the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept.co.uk

 

 

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Phil Race

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification/ Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AdEPT Technology Group Plc

b)

LEI

213800T1WNDEXVBGMP93

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument 

Identification code

Ordinary Shares of 10p each 

GB00B0WY3Y47

b)

Nature of the transactions

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

223p

5,600

d)

Aggregated information

- Aggregated volume

- Price

 N/A

 

e)

Date of the transaction

19 November 2020

f)

Place of the transaction

London Stock Exchange

 

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