5 Nov 2013 07:00
AdEPT Telecom plc
("AdEPT" or the "Company")
Director/PDMR shareholding and holding in Company
AdEPT (AIM: ADT), a leading UK independent provider of award-winning telecommunications services for fixed line, mobile, data connectivity and VoIP, announces that in order to satisfy demand from a new institutional investor, Ian Fishwick, Amanda Woodruffe, and Allan Gauld, have sold shares. An announcement relating to this new holding is expected to be released in due course.
Ian Fishwick, the Company's Chief Executive, and Amanda Woodruffe, the Company's Chief Operating Officer have respectively sold 300,000 and 25,000 shares at 130p per share. Ian Fishwick is now interested in 1,486,160 ordinary shares (representing 6.8 per cent. of the issued ordinary share capital) and Amanda Woodruffe is now interested in 73,209 shares (representing 0.3 per cent. of the issued ordinary share capital) and 501,708 share options.
The Company has also been notified that Mr Allan Gauld has sold 125,000 shares at 130p and that his beneficial interest is 860,000 shares (representing 3.9 per cent. of the issued ordinary share capital).
For further information on AdEPT Telecom, please visit www.adept-telecom.co.uk or contact:
AdEPT Telecom Plc
Roger Wilson, Chairman 07786 111 535
Ian Fishwick, Chief Executive 01892 550 225
John Swaite, Finance Director 01892 550 243
Northland Capital Partners Limited
Edward Hutton/Lauren Kettle 020 7796 8800
About AdEPT Telecom plc:
AdEPT Telecom plc is one of the UK's leading independent providers of voice and data telecommunications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile, VoIP and data connectivity products. AdEPT's tailored services are used by thousands of businesses and residential customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT, Vodafone and TalkTalk Business. The Company employs 48 members of staff at its offices in Tunbridge Wells, Kent.
AdEPT Telecom is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk