Director's exercise of options

RNS Number : 4385I
Maestrano Group PLC
13 August 2021
 

13 August 2021

 

Maestrano Group PLC

 

("Maestrano" or the "Company")

 

Director's exercise of options

 

Maestrano Group PLC (AIM: MNO), the artificial intelligence platform for transport corridor   analytics, announces that Jonathan Macleod, non-executive Director, has exercised options over 1,411,111 ordinary 1p shares in the Company ("Shares") at 1.3p per share. Following this exercise Mr Macleod 's interest in the Company will increase to 1,886,118 s hares, representing approximately 1.11 per cent of the Company 's issued s hares as enlarged through the exercise of options.   Mr Macleod has no further options.

 

Application and Total Voting Rights

 

Application has been made to the London Stock Exchange for the 1,411,111 new Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on or around 18 August 2021. The new Shares will, upon issue, rank pari passu with the existing Shares in the Company.

 

Following Admission of the 1,411,111 new Shares, the Company's enlarged issued share capital will be 170,177,186  Shares. The Company holds no Shares in Treasury. This figure of 170,177,186 Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

Enquiries:

 

Maestrano Group PLC

c/o SEC Newgate

Ian Buddery, Chairman

Nick Smith, CEO 

 


Arden Partners (Broker and Nominated Adviser)

+44 (0)20 7614 5900

Ruari McGirr / Richard Johnson / Akhil Shah

 


SEC Newgate (Financial PR)

+44(0) 7540 106366

Robin Tozer / Bob Huxford / Tom Carnegie

maestrano@secnewgate.co.uk

 

About Maestrano

Maestrano offers a patented cloud-based platform for master data management and 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  

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jonathan Macleod

 

2

Reason for the notification

a)

Position/status

Non-executive Director

 

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

Identification code

ordinary shares of £0.01 nominal value each

ISIN: GB00BYZQM590

b)

Nature of the transaction

Exercise of warrants

c)

 

Price(s) and volume(s)







Price(s)




1.3p







d)

Aggregated information

N/a - single transactions

e)

Date of the transaction

12 August 2021

f)

Place of the transaction

Off Exchange

 

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