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Share Purchase by Chief Executive

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RNS Number : 8154Y
AdEPT Technology Group PLC
13 May 2019
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

AdEPT Technology Group PLC

("AdEPT" or the "Company")

 

Share Purchase by Chief Executive

 

AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, has been notified that Phil Race (Chief Executive) purchased 2,778 ordinary shares of 10p each ("Ordinary Shares") at a price of 360p per Ordinary Share on 10 May 2019.

 

Following the purchase, Mr Race is interested in 2,778 Ordinary Shares, representing approximately 0.01 per cent. of the current issued share capital of the Company.

 

For more information please contact:

 

AdEPT Technology Group Plc

Ian Fishwick, Chairman

Phil Race, Chief Executive

John Swaite, Finance Director

 

 

 

07720 555 050

07798 575 338

01892 550 243

 

Cantor Fitzgerald Europe

Nominated Adviser & Broker

Phil Davies / Will Goode

 

 

020 7894 7000

 

This announcement has been released by John Swaite, Finance Director, on behalf of the Company.

 

About AdEPT Technology Group plc:

 

AdEPT Technology Group plc is one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions.  AdEPT's tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as Openreach, BT Wholesale, Virgin Media, Avaya, Microsoft, Dell and Apple.

 

AdEPT is quoted on AIM, operated by the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept.co.uk

 

 

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Phil Race

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification/ Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AdEPT Technology Group Plc

b)

LEI

213800T1WNDEXVBGMP93

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 

Identification code

Ordinary Shares of 10p each 

GB00B0WY3Y47

b)

Nature of the transactions

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

360p

2,778

d)

Aggregated information

-     Aggregated volume

-     Price

 N/A

 

e)

Date of the transaction

10 May 2019

f)

Place of the transaction

London Stock Exchange

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: ADT Inc

Price: 6.58

Market: NYSE
Market Cap: $4.87 billion
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