6 Aug 2020 09:33
6 August 2020
Maestrano Group PLC ("Maestrano" or the "Company" or the "Group")
Statement re Share Price Movement
Maestrano Group PLC (AIM: MNO), would like to make the following comment on the Company's share price rise this week.
Following the announcement of an unaudited full year trading update on 22 July 2020, the Company was pleased to announce on 27 July 2020 the appointment of a US distributor and the progression to Phase 3 of its Meitetsu project. The Company is aware of no additional information that may be behind the recent share price rise or of no reason for the recent share price rise
Enquiries:
Maestrano Group plc
Andrew Pearson, CEO c/o Arden Partners
Grant Thornton (Nominated Adviser)
Jamie Barklem / Niall McDonald +44 (0)20 7383 5100
Arden Partners (Broker)
Ruari McGirr / Ciaran Walsh +44 (0)20 7614 5900
About Maestrano
Maestrano offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.
Further information on the Company is available at: www.maestrano.com