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Director dealings

20 Mar 2019 07:00

RNS Number : 4104T
Maestrano Group PLC
20 March 2019
 

20 March 2019

 

Maestrano Group PLC

 

("Maestrano" or the "Company")

 

Director dealings

 

Maestrano Group PLC (AIM: MNO), the open cloud business integration platform with cross-app data synchronization announces that it was notified on 19 March 2019 that Andrew Pearson, CEO, John Davis, Non-Executive Director and Jonathan Macleod, Non-Executive Director, bought in aggregate 1,048,007 ordinary shares of £0.01 each ("Ordinary Shares") in the Company on 19 March 2019. Please refer to the table below for share purchase details.

 

Director

Number of Ordinary Shares purchased

Price

Total Maestrano shares held

% of Maestrano voting rights

Andrew Pearson

223,000

3.6 pence and 3.375 pence1

223,000

0.28

John Davis

500,000

3 pence

500,000

0.62

Jonathan Macleod

325,007

3.4 pence

325,007

0.41

1. Andrew Pearson purchased 77,500 shares at a price of 3.6 pence and 145,500 at a price of 3.375 pence.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

 

Enquiries:

 

Maestrano Group plc

Ian Buddery, Chairman

Andrew Pearson, CEO

 

c/o IFC

Grant Thornton (Nominated Adviser)

Colin Aaronson / Jamie Barklem / Niall McDonald

 

+44 (0)20 7383 5100

Arden Partners (Broker)

Ruari McGirr / Ciaran Walsh / Alex Penney

 

+44 (0)20 7614 5900

IFC Advisory Limited (Financial PR & IR)

Graham Herring / Miles Nolan / Zach Cohen

graham.herring@investor-focus.co.uk miles.nolan@investor-focus.co.uk

+44 (0)20 3934 6630

 

 

About Maestrano

 

Maestrano is a software company which develops and deploys a patented Cloud based Platform as a Service that addresses the needs of Small to Medium Businesses (SMBs) and large Enterprises (such as major banks and global accounting firms) to access real time, automated management data efficiently on an integrated Platform. This technology is called Master Data Management (MDM).

 

Further information on the Group is available at www.maestrano.com

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Pearson

2

Reason for the notification

a)

Position/status

CEO

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Maestrano Group plc

b)

LEI

213800ZUBMOCVHSSJC14

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 £0.01 each

 

 

GB00BYZQM590

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

3.6 pence

77,500

3.375 pence

145,500

 

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

3.345 pence

223,000

e)

Date of the transaction

19 March 2019

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Davis

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Maestrano Group plc

b)

LEI

213800ZUBMOCVHSSJC14

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 £0.01 each

 

 

GB00BYZQM590

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

3p

500,000

 

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

3p

500,000

e)

Date of the transaction

19 March 2019

f)

Place of the transaction

London Stock Exchange, (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jonathan Macleod

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Maestrano Group plc

b)

LEI

213800ZUBMOCVHSSJC14

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 £0.01 each

 

 

GB00BYZQM590

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

3.4p

325,007

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

3.4p

325,007

e)

Date of the transaction

19 March 2019

f)

Place of the transaction

London Stock Exchange, (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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