REG - Made Tech Group PLC - Director Share Purchase

Made TechAnnouncement

05/07/2023 07:00

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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 Adviser & Broker)      Tel: +44 20 7496 3000

 Jennifer Boorer / Harry Gooden / Asha Chotai
 Belvedere Communications (Financial PR)                  Email:  madetech@belvederepr.com (mailto:madetech@belvederepr.com)

 Cat Valentine                                            Tel: +44 7715 769078

 Keeley Clarke                                            Tel: +44 7967 816525

 

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/ (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 /Amendment                              Initial Notification

 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 financial instrument, type of instrument  Ordinary shares of 0.05 pence each

      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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