13 May 2019 09:55
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
AdEPT Technology Group PLC
("AdEPT" or the "Company")
Share Purchase by Chief Executive
AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, has been notified that Phil Race (Chief Executive) purchased 2,778 ordinary shares of 10p each ("Ordinary Shares") at a price of 360p per Ordinary Share on 10 May 2019.
Following the purchase, Mr Race is interested in 2,778 Ordinary Shares, representing approximately 0.01 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
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07720 555 050 07798 575 338 01892 550 243
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Cantor Fitzgerald Europe Nominated Adviser & Broker Phil Davies / Will Goode
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020 7894 7000 |
This announcement has been released by John Swaite, Finance Director, on behalf of the Company.
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) |
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 10 May 2019 | ||||
f) | Place of the transaction | London Stock Exchange | ||||