Made Tech Group PLC Director Share Purchase (9773E)
05 July 2023 - 4:00PM
UK Regulatory
TIDMMTEC
RNS Number : 9773E
Made Tech Group PLC
05 July 2023
5 July 2023
MADE TECH GROUP PLC
("Made Tech" or "the Group")
Director Share Purchase
Made Tech, a leading provider of digital, data and technology
services to the UK public sector, announces that on 4 July 2023,
Rory MacDonald, Chief Executive Officer of the Company, purchased
897,507 ordinary shares in the Company ("Ordinary Shares") at an
average price of 17.14 pence per Ordinary Share.
Following this purchase, Rory MacDonald's total beneficial
interest in the Company is 42,594,172 Ordinary Shares representing
approximately 28.53% of the Company's issued share capital.
Further to the Company's announcement on 23 February 2023, Rory
MacDonald and his concert party (together, the "Concert Party") are
permitted to acquire ordinary shares in the Company such that the
Concert Party's fully diluted shareholding does not exceed 43.04%
of the Company's issued share capital (as agreed with the Takeover
Panel). Following the above purchase, the Concert Party's fully
diluted shareholding in the Company is 63,935,033 ordinary shares,
equivalent to 42.83%. Further details on the Concert Party are
included in the Company's Admission Document dated 27 September
2021.
The Notification of Dealing Form required in accordance with
Article 19.3 of UK MAR is set out below.
Enquiries:
Made Tech Group plc via Belvedere PR
Rory MacDonald, CEO
Deborah Lovegrove, CFO
Singer Capital Markets (Nominated Tel: +44 20 7496 3000
Adviser & Broker)
Jennifer Boorer / Harry Gooden /
Asha Chotai
Belvedere Communications (Financial Email: madetech@belvederepr.com
PR) Tel: +44 7715 769078
Cat Valentine Tel: +44 7967 816525
Keeley Clarke
About Made Tech:
Made Tech is a provider of digital, data and technology services
to the UK public sector. Founded in 2008 and now with a headcount
of over 460 and offices in four UK locations (London, Manchester,
Bristol and Swansea), Made Tech provides services that enable
central government, healthcare and local government organisations
to digitally transform.
Made Tech's purpose is to "positively impact the future of
society by improving public sector technology". To achieve this the
company has four key strategic missions: Modernise legacy
technology and working practices; Accelerate digital service and
technology delivery; Drive better decisions through data and
automation; and Enable technology and delivery skills to build
better systems.
https://investors.madetech.com/
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 Rory MacDonald
------------------------------------ -----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------------ -----------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------ -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name Made Tech Group plc
------------------------------------ -----------------------------------------------
b) LEI 213800FQR678FTPNVW08
------------------------------------ -----------------------------------------------
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 0.05 pence each
financial instrument,
type of instrument
Identification code GB00BLGYDT21
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------------ -----------------------------------------------
c) Price(s) and volume(s)
----------------- ------------------
Price(s) Volume(s)
----------------- ------------------
17.25p 200,000
17.13p 200,000
17.00p 200,000
17.50p 97,507
17.00p 200,000
----------------- ------------------
d) Aggregated information Total shares: 897,507
Average weighted price: 17.14p
------------------------------------ -----------------------------------------------
e) Date of the transaction 4 July 2023
------------------------------------ -----------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
------------------------------------ -----------------------------------------------
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END
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