Director/PDMR Shareholding

RNS Number : 5126R

adept4 plc

29 October 2019

 

Adept4 plc

("Adept4" or the "Company")

Director/PDMR Shareholding

Adept4 (AIM: AD4), the AIM quoted provider of IT as a Service, announces that it has received notification that Non-Executive Chairman, Simon Duckworth, sold 4,500,000 ordinary shares of 1 pence in the Company ("Ordinary Shares") at a price of 1.549 pence per share on 28 October 2019 and immediately repurchased 2,575,000 Ordinary Shares through his ISA and 1,925,000 Ordinary Shares through his SIPP (4,500,000 Ordinary Shares in total), in each case at a price of 1.55 pence per share

Following these trades, Simon Duckworth's beneficial holding remained unchanged at 5,700,000 ordinary shares, representing 1.25 per cent. of the current total voting rights of the Company. 

Further details are contained within the notification below, made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Simon Duckworth
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Adept4 plc
b)	LEI	213800D4GJKAFHT5TB32
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 1 pence each GB00B8GRBX01
b)	Nature of the transaction	Transfer between accounts
c)	Price(s) and volume(s)	Sale Price(s) Volume(s) 1.549 pence 4,500,000 Purchase Price(s) Volume(s) 1.55 pence 2,575,000 1.55 pence 1,925,000
d)	Aggregated information -       Aggregated volume -       Price -       Total -       Aggregated volume -       Price -       Total	4,500,000 (sale) 1.549 pence £69,705 4,500,000 (purchase) 1.55 pence £69,750
e)	Date of the transaction	28 October 2019
f)	Place of the transaction	London Stock Exchange (XLON)

Contacts:

Adept4 plc Darron Giddens (Company Secretary)	01925 398 255
N+1 Singer (Nominated Adviser and Broker) Peter Steel / Ben Farrow	020 7496 3000
MXC Capital Markets LLP Charlotte Stranner	020 7965 8149

 

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