30 October 2023
MADE TECH GROUP PLC
("Made Tech" or the "Group")
Exercise of Options and PDMR Dealing
Made Tech Group plc, a leading provider of digital, data and technology services to the UK public sector announces that Deborah Lovegrove, Chief Financial Officer of the Company, has exercised 81,967 nil cost options over ordinary shares in the Company, which were granted pursuant to the Made Tech Group plc Long Term Incentive Plan. The option exercise has been satisfied by the transfer of 81,967 existing ordinary shares from the Made Tech Employee Benefit Trust to Deborah Lovegrove.
Following the option exercise, Deborah Lovegrove holds 81,967 ordinary shares in the Company, equivalent to 0.05% of the issued share capital of the Company.
Following the option exercise, the Company's issued share capital remains unchanged, with 149,287,059 ordinary shares in issue, with one voting right each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
| Made Tech Rory MacDonald, CEO Deborah Lovegrove, CFO
| via Belvedere PR |
| Singer Capital Markets (Nominated Adviser & Broker) Jen Boorer / Harry Gooden / Asha Chotai
| Tel: +44 (0) 20 7496 3000
|
| Belvedere PR (Financial PR) Cat Valentine Keeley Clarke | Email: madetech@belvederepr.com Tel: +44 (0) 7715 769078 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
| Deborah Lovegrove |
| 2
| Reason for the notification | |
| a)
| Position/status | Person Discharging Managerial Responsibilities (PDMR) - Chief Financial 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 | Options over ordinary shares |
| | | |
| Identification code | GB00BLGYDT21 | |
| | | |
| b)
| Nature of the transaction
| Exercise of options
|
| c)
| Price(s) and volume(s) | Volumes: 81,967 Exercise price: N/A - nil cost options
|
| d)
| Aggregated information | N/A |
| e)
| Date of the transaction | 26 October 2023 |
| f)
| Place of the transaction | Outside of a trading venue |
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