CLCO Cloudcoco Group Plc

TIDMAD4

RNS Number : 4550R

adept4 plc

21 September 2017

Adept4 Plc

(the "Company" or "Adept4")

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                                       Simon Duckworth 
----  -----------------------------------------  ----------------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------------------------------ 
       Position/status                            Non-Executive Chairman 
 
  a) 
----  -----------------------------------------  ----------------------------------------------- 
 b)    Initial notification/Amendment             Initial notification 
----  -----------------------------------------  ----------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, 
        auctioneer or auction monitor 
----  ------------------------------------------------------------------------------------------ 
 a)    Name                                       Adept4 plc 
----  -----------------------------------------  ----------------------------------------------- 
 b)    LEI                                        213800D4GJKAFHT5TB32 
----  -----------------------------------------  ----------------------------------------------- 
 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               Ordinary Shares of 1 pence 
        instrument, type of instrument             each 
        Identification code 
                                                   GB00B8GRBX01 
----  -----------------------------------------  ----------------------------------------------- 
 b)    Nature of the transaction                  Simon Duckworth purchased 
                                                   250,000 Ordinary Shares. 
----  -----------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s)                      Price(s)          Volume(s) 
                                                    (i) 4.70 pence         (i) 125,000 
                                                    (ii) 4.75 pence        (ii) 125,000 
----  -----------------------------------------  ----------------------------------------------- 
 d)     Aggregated information 
          - Aggregated volume                       250,000 Ordinary Shares 
          - Price                                   4.725 pence 
        ----------------------- 
----  -----------------------------------------  ----------------------------------------------- 
 e)    Date of the transaction                    (i) 19 September 2017 
                                                   (ii) 21 September 2017 
----  -----------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction                   London Stock Exchange (XLON) 
----  -----------------------------------------  ----------------------------------------------- 
 

For further information please contact:

Adept4 plc

   Simon Duckworth, Non-Executive Chairman                                      01925 204 844 

Jill Collighan, Executive Director

Ian Winn, Group CFO & M&A Director

N+1 Singer (Nominated Adviser and Broker)

Shaun Dobson 020 7496 3000

Liz Yong

MXC Capital Markets LLP

Marc Young 020 7965 8149

Charlotte Stranner

About Adept4

Adept4 delivers IT as a service to small and medium sized businesses across the UK. IT as a Service (ITaaS) provides you with exactly the amount of technology and support you need in accordance with business requirements, billed on a monthly basis, based on what is consumed.

Critically we underpin this delivery method with a 24 x 7 UK response team, strategic consulting, professional services and software development to provide exactly what organisations need from IT at any given time.

Whether an infrastructure is based on legacy or emerging technologies we will ensure organisations have the flexibility, agility and cost efficiencies required to run their business effectively, all through a single trusted provider.

This information is provided by RNS

The company news service from the London Stock Exchange

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