Stmnt re Share Price Movement

RNS Number : 3585V

Maestrano Group PLC

06 August 2020

 

6 August 2020

Maestrano Group PLC ("Maestrano" or the "Company" or the "Group")

Statement re Share Price Movement

Maestrano Group PLC (AIM: MNO), would like to make the following comment on the Company's share price rise this week.

Following the announcement of an unaudited full year trading update on 22 July 2020, the Company was pleased to announce on 27 July 2020 the appointment of a US distributor and the progression to Phase 3 of its Meitetsu project. The Company is aware of no additional information that may be behind the recent share price rise or of no reason for the recent share price rise

Enquiries:

Maestrano Group plc

Andrew Pearson, CEO  c/o Arden Partners

Grant Thornton (Nominated Adviser)

Jamie Barklem / Niall McDonald  [phone]

Arden Partners (Broker)

Ruari McGirr / Ciaran Walsh  [phone]

About Maestrano

Maestrano offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.maestrano.com

 

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