Director/PDMR Shareholding

RNS Number : 5047G

Maestrano Group PLC

06 November 2018

 

6 November 2018

                                                       Maestrano Group PLC

                                                  ("Maestrano" or the "Company")

Director dealing

Maestrano Group PLC (AIM: MNO), the open cloud business integration platform announces was notified on 6 November 2018 that on 5 November 2018 M4soft Pty Ltd, a company associated with Ian Buddery, Chairman, bought 50,101 Maestrano ordinary shares of £0.01 each ("Ordinary Shares") at a price of 9p per Ordinary Shares.

Following this acquisition, Ian Buddery and parties associated with him hold 1,700,101 Ordinary Shares representing 2.12 per cent. of the Company's total voting rights.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

Enquiries:

Maestrano Group plc Ian Buddery, Chairman Stephane Ibos, CEO	c/o IFC
Grant Thornton (Nominated Adviser) Colin Aaronson / Jamie Barklem	[phone]
Arden Partners (Broker) Ruari McGirr / Ciaran Walsh / Alex Penney	[phone]
IFC Advisory Limited (Financial PR & IR) Graham Herring / Miles Nolan / Zach Cohen [e-mail]     [e-mail]	[phone]

About Maestrano

Maestrano is a software company which develops and deploys a patented Cloud based Platform as a Service that addresses the needs of Small to Medium Businesses (SMBs) and large Enterprises (such as major banks and global accounting firms) to access real time, automated management data efficiently on an integrated Platform. This technology is called Master Data Management (MDM).

Further information on the Group is available at www.maestrano.com

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	M4Soft Pty
2	Reason for the notification
a)	Position/status	M4Soft Pty Ltd is an entity connected with Ian Buddery, Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Maestrano Group Plc
b)	LEI	213800ZUBMOCVHSSJC14
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 £0.01 each
	Identification code	GB00BYZQM590
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			9 pence	50,101
d)	Aggregated information
	- Aggregated volume	Aggregate volume: 50,101 Aggregate price:9 pence Aggregate total: £4,509
	- Price
e)	Date of the transaction	5 November 2018
f)	Place of the transaction	Off market transaction

 

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