Director's exercise of options
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:
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Maestrano Group PLC |
c/o SEC Newgate |
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Ian Buddery, Chairman Nick Smith, CEO
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Arden Partners (Broker and Nominated Adviser) |
+44 (0)20 7614 5900 |
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Ruari McGirr / Richard Johnson / Akhil Shah
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SEC Newgate (Financial PR) |
+44(0) 7540 106366 |
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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
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jonathan Macleod
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2 |
Reason for the notification |
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a) |
Position/status |
Non-executive Director
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Maestrano Group plc |
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b) |
LEI |
213800ZUBMOCVHSSJC14 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
ordinary shares of £0.01 nominal value each ISIN: GB00BYZQM590 |
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b) |
Nature of the transaction |
Exercise of warrants |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1.3p |
1,411,111 |
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d) |
Aggregated information |
N/a - single transactions |
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e) |
Date of the transaction |
12 August 2021 |
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f) |
Place of the transaction |
Off Exchange |
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