Made Tech Group PLC Director Share Purchase (8772T)
November 17 2023 - 8:48AM
UK Regulatory
TIDMMTEC
RNS Number : 8772T
Made Tech Group PLC
17 November 2023
17 November 2023
MADE TECH GROUP PLC
("Made Tech" or the "Group")
Director Share Purchase
Made Tech Group plc, a leading provider of digital, data and
technology services to the UK public sector, announces that Chris
Blackburn, Chief Operating Officer of the Company, purchased
310,000 ordinary shares in the Company ("Ordinary Shares") at a
price of 10.40 pence per Ordinary Share.
Following this purchase, Chris Blackburn's total beneficial
interest in the Company is 21,650,861 Ordinary Shares representing
approximately 14.50% of the Company's issued share capital.
Further to the Company's announcement on 23 February 2023, Chris
Blackburn and Rory MacDonald (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 64,245,033 ordinary shares,
equivalent to 43.03%. 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 via Belvedere PR
Rory MacDonald, CEO
Deborah Lovegrove, CFO
Singer Capital Markets (Nominated Tel: +44 (0) 20 7496 3000
Adviser & Broker)
Jen Boorer / Harry Gooden / Asha Chotai
Belvedere PR (Financial PR) Email: madetech@belvederepr.com
Cat Valentine Tel: +44 (0) 7715 769078
Keeley Clarke Tel: +44 (0) 7967 816525
About Made Tech
Made Tech is a high-growth provider of digital, data and
technology services to the UK public sector. Founded in 2008 and
with a headcount of over 430 across multiple UK locations, Made
Tech provides services that enable central government, healthcare
and local government organisations to digitally transform.
The Group's purpose is to "positively impact the future of
society by improving public sector technology". To achieve this the
Group 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.
More information is available at www.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 Christopher Blackburn
-------------------------------- -----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Person Discharging Managerial Responsibilities
(PDMR) - Chief Operating 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 financial Ordinary Shares of 0.05p each
instrument, type of instrument
Identification code GB00BLGYDT21
b) Nature of the transaction Purchase of shares
-------------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price: 10.40p
Volume: 310,000
-------------------------------- -----------------------------------------------
d) Aggregated information N/A
-------------------------------- -----------------------------------------------
e) Date of the transaction 17 November 2023
-------------------------------- -----------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
-------------------------------- -----------------------------------------------
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END
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