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AdEPT Telecom plc (ADT)

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Thursday 22 February, 2018

AdEPT Telecom plc

Director Increases Shareholding

RNS Number : 6426F
AdEPT Telecom plc
22 February 2018
 

AdEPT Telecom plc

("AdEPT" or the "Company")

 

Director increases shareholding

 

AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, was notified today that on 21 February 2018 Christopher Kingsman (Non-Executive Director) had increased his shareholding in the Company following the purchase of 129,537 ordinary shares of 10p each ("Ordinary Shares") by Greenwood Investments Limited at a price of 305.125p per Ordinary Share.

 

Following the purchase, Mr Kingsman has a total beneficial interest in 4,149,357 Ordinary Shares held via Greenwood Investments Limited, representing approximately 17.5 per cent. of the current issued share capital of the Company.

 

For further information on AdEPT Telecom, please visit www.adept.co.uk or contact:

 

AdEPT Telecom Plc

Roger Wilson, Chairman

Ian Fishwick, Chief Executive

John Swaite, Finance Director

 

 

 

07786 111 535

01892 550 225

01892 550 243

 

Northland Capital Partners Limited

Nominated Adviser

Edward Hutton/Tom Price

 

Broking

John Howes

 

020 3861 6625

 

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions.  The Company provides a complete communications portfolio of unified communications, IP telephony, IT services, equipment installation, managed services, Wi-Fi, IT and communications hardware and data connectivity products.  AdEPT's tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple.

 

AdEPT is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept.co.uk

 

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Kingsman

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification/ Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AdEPT Telecom Plc

b)

LEI

213800T1WNDEXVBGMP93

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 10p each 

GB00B0WY3Y47

b)

Nature of the transactions

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

305.125p

129,357

d)

Aggregated information

-     Aggregated volume

-     Price

 N/A

 

e)

Date of the transaction

21 February 2018

f)

Place of the transaction

London Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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