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RNS Number : 5047G

Maestrano Group PLC

06 November 2018

6 November 2018

Maestrano Group PLC

("Maestrano" or the "Company")

Director dealing

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 GBP0.01 each ("Ordinary Shares") at a price of 9p per Ordinary Shares.

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.

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

Enquiries:

 
 Maestrano Group plc                                                      c/o IFC 
  Ian Buddery, Chairman 
  Stephane Ibos, CEO 
 Grant Thornton (Nominated Adviser)                                       +44 (0)20 7383 
  Colin Aaronson / Jamie Barklem                                           5100 
 Arden Partners (Broker)                                                  +44 (0)20 7614 
  Ruari McGirr / Ciaran Walsh / Alex Penney                                5900 
 IFC Advisory Limited (Financial PR & IR) 
  Graham Herring / Miles Nolan / Zach Cohen                               +44 (0)20 3934 
  graham.herring@investor-focus.co.uk miles.nolan@investor-focus.co.uk     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 of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     M4Soft Pty 
      ---------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------- 
 a)    Position/status                          M4Soft Pty Ltd is an entity connected 
                                                 with Ian Buddery, Chairman 
      ---------------------------------------  -------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  -------------------------------------------- 
 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                       Ordinary shares of GBP0.01 each 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB00BYZQM590 
 
 b)    Nature of the transaction                Share purchase 
      ---------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  ------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  ------------------- 
    9 pence                                                            50,101 
   -----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      Aggregate volume: 50,101 
                                            Aggregate price:9 pence 
                                            Aggregate total: GBP4,509 
 
  - Price 
 
 e)    Date of the transaction                  5 November 2018 
      ---------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                 Off market transaction 
      ---------------------------------------  --------------------------------------------

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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November 06, 2018 06:54 ET (11:54 GMT)

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