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Director/PDMR Shareholding

6 Nov 2018 11:54

RNS Number : 5047G
Maestrano Group PLC
06 November 2018
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6 November 2018

Maestrano Group PLC

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("Maestrano" or the "Company")

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Director dealing

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Maestrano Group PLC (AIM: MNO), the open cloud business integration platform announces was notified on 6 November 2018 that on 5 November 2018 M4soft Pty Ltd, a company associated with Ian Buddery, Chairman, bought 50,101 Maestrano ordinary shares of Β£0.01 each ("Ordinary Shares") at a price of 9p per Ordinary Shares.

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Following this acquisition, Ian Buddery and parties associated with him hold 1,700,101 Ordinary Shares representing 2.12 per cent. of the Company's total voting rights.

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

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Enquiries:

Maestrano Group plc

Ian Buddery, Chairman

Stephane Ibos, CEO

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c/o IFC

Grant Thornton (Nominated Adviser)

Colin Aaronson / Jamie Barklem

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+44 (0)20 7383 5100

Arden Partners (Broker)

Ruari McGirr / Ciaran Walsh / Alex Penney

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+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

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About Maestrano

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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).

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

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

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Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

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1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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M4Soft Pty

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2

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Reason for the notification

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a)

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Position/status

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M4Soft Pty Ltd is an entity connected with Ian Buddery, Chairman

b)

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Initial notification /Amendment

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Initial notification

3

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

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a)

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Name

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Maestrano Group Plc

b)

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LEI

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213800ZUBMOCVHSSJC14

4

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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

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a)

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Description of the financial instrument, type of instrument

Ordinary shares of Β£0.01 each

Identification code

GB00BYZQM590

b)

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Nature of the transaction

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Share purchase

c)

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Price(s) and volume(s)

Price(s)

Volume(s)

9 pence

50,101

d)

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Aggregated information

- Aggregated volume

Aggregate volume: 50,101

Aggregate price:9 pence

Aggregate total: Β£4,509

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- Price

e)

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Date of the transaction

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5 November 2018

f)

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Place of the transaction

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Off market transaction

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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.
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END
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