2 Aug 2017 09:18
AdEPT Telecom Plc
("AdEPT" or the "Company")
Director shareholdings
In order to satisfy demand from one of the Company's existing institutional shareholders, three directors have sold a total of 897,500 shares at 327.5p per share. Ian Fishwick, Chief Executive Officer, has sold 500,000 shares, Roger Wilson, Chairman, has sold 350,000 shares and Dusko Lukic, Non-Executive Director, has sold 47,500 shares.
Ian Fishwick is now interested in 695,977 ordinary shares (representing 2.9 per cent. of the issued ordinary share capital). Roger Wilson is now interested in 438,300 ordinary shares (representing 1.8 per cent. of the issued ordinary share capital. Dusko Lukic has no shareholding following the transaction.
This announcement contains inside information.
For more information please contact:
AdEPT Telecom Plc Roger Wilson, Chairman Ian Fishwick, Chief Executive John Swaite, Finance Director
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07786 111 535 01892 550 225 01892 550 243
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Northland Capital Partners Limited Nominated Adviser Edward Hutton/Gerry Beaney
Broking John Howes |
020 3861 6625 |
About AdEPT Telecom plc:
AdEPT Telecom plc is one of the UK's leading independent providers of unified communications and IT solutions. The Company provides a complete communications portfolio of unified communications, IP telephony, equipment installation, managed services, IT services, Wi-Fi, IT and communications hardware and data connectivity products. 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 BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple.
AdEPT is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk
The notifications below are 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 | Ian Fishwick | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/ Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AdEPT Telecom 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 | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 2 August 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Roger Wilson | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chairman | ||||
b) | Initial notification/ Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AdEPT Telecom 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 | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 2 August 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Dusko Lukic | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Director | ||||
b) | Initial notification/ Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AdEPT Telecom 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 | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 2 August 2017 | ||||
f) | Place of the transaction | London Stock Exchange | ||||