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

Rory MacDonald, CEO

Deborah Lovegrove, CFO


via Belvedere PR

Singer Capital Markets (Nominated Adviser & Broker)

Jennifer Boorer / Harry Gooden / Asha Chotai


Tel: +44 20 7496 3000

 

Belvedere Communications (Financial PR)

Cat Valentine

Keeley Clarke

Email:  madetech@belvederepr.com

Tel: +44 7715 769078

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/

 


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

17.13p

17.00p

17.50p

17.00p

200,000

200,000

200,000

97,507

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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