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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END
 
 
DSHBXBDGRUDBGCC
UK 100

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