26 November
2024
MADE TECH GROUP
PLC
("Made
Tech" or the "Group")
Launch of 2024 SAYE
Scheme,
Grant of SAYE options, and PDMR
Dealings
Made Tech Group plc, a leading provider of
digital, data and technology services to the UK public sector, is
pleased to announce that it has launched its first Save As You Earn
("SAYE") share scheme for all employees, under which employees were
offered the opportunity to participate in the future growth of the
Company via share option arrangements.
Eligible employees were invited to subscribe
for options over the Company's Ordinary Shares of 0.05 pence each
("Ordinary Shares") with an exercise price of 16.7 pence, being the
average closing middle market price of the Company's Ordinary
Shares in the five business days ended 30 October 2024, the trading
day before the invitation to participate was made. The options have
a contract start date of 1 January 2025 and are exercisable from 1
January 2028.
A total of 122 employees elected to participate
in this scheme, and, pursuant to these elections, a total of
1,258,455 options over Ordinary Shares were granted, equating to
0.84 per cent. of the total issued share capital of the Company, as
at 25 November 2024.
The following Persons Discharging Managerial
Responsibilities ("PDMRs") of the Company elected to participate in
the SAYE scheme:
|
PDMR
|
Options granted over Ordinary Shares
under 2024 SAYE scheme
|
|
Neil Elton
|
12,218
|
|
Wayne Searle
|
12,218
|
Enquiries:
|
Made Tech
Rory MacDonald, CEO
Neil Elton, CFO
|
Via
Rawlings Financial PR Limited
|
|
Singer Capital Markets (Nominated Adviser &
Broker)
Jen Boorer/ Asha Chotai
|
Tel: +44
(0) 20 7496 3000
|
|
Rawlings Financial PR Limited (Financial PR)
Cat Valentine
|
Email: madetech@rfpr.com
Tel: +44
(0) 7715 769078
|
About Made Tech
Made Tech is a provider of digital, data and
technology services, which enable central government, healthcare,
local government organisations and other regulated industries to
digitally transform.
Made Tech's purpose is to "positively impact
the future of society by improving public services 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.
The Group operates from four locations across
the UK - London, Manchester, Bristol, and Swansea.
More information is available at 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
|
1. Neil Elton
2. Wayne Searle
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
1. Neil Elton - Chief
Financial Officer
2. Wayne Searle - Chief
People 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 0.05p each
|
|
|
|
|
Identification code
|
GB00BLGYDT21
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of options under 2024 SAYE
Scheme
|
|
c)
|
Price(s) and volume(s)
|
|
|
Price
|
Volume
|
|
Neil Elton
|
16.7 pence
|
12,218
|
|
Wayne Searle
|
16.7 pence
|
21,218
|
|
|
d)
|
Aggregated information
|
N/A
|
|
e)
|
Date of the transaction
|
25 November 2024
|
|
f)
|
Place of the transaction
|
Off market
|
