MTEC.L

Made Tech Group PLC
Made Tech Group PLC - Director Share Purchase
17th November 2023, 14:48
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RNS Number : 8772T
Made Tech Group PLC
17 November 2023
 

17 November 2023

 

MADE TECH GROUP PLC

("Made Tech" or the "Group")

 

Director Share Purchase

 

Made Tech Group plc, a leading provider of digital, data and technology services to the UK public sector, announces that Chris Blackburn, Chief Operating Officer of the Company, purchased 310,000 ordinary shares in the Company ("Ordinary Shares") at a price of 10.40 pence per Ordinary Share.

 

Following this purchase, Chris Blackburn's total beneficial interest in the Company is 21,650,861 Ordinary Shares representing approximately 14.50% of the Company's issued share capital.  

 

Further to the Company's announcement on 23 February 2023, Chris Blackburn and Rory MacDonald (together, the "Concert Party") are permitted to acquire ordinary shares in the Company such that the Concert Party's fully diluted shareholding does not exceed 43.04% of the Company's issued share capital (as agreed with the Takeover Panel). Following the above purchase, the Concert Party's fully diluted shareholding in the Company is 64,245,033 ordinary shares, equivalent to 43.03%. Further details on the Concert Party are included in the Company's Admission Document dated 27 September 2021.

 

The Notification of Dealing Form required in accordance with Article 19.3 of UK MAR is set out below.

 

Enquiries:

 

Made Tech

Rory MacDonald, CEO

Deborah Lovegrove, CFO

 

via Belvedere PR

Singer Capital Markets (Nominated Adviser & Broker)

Jen Boorer / Harry Gooden / Asha Chotai

 

Tel: +44 (0) 20 7496 3000

 

Belvedere PR (Financial PR)

Cat Valentine

Keeley Clarke

Email: madetech@belvederepr.com

Tel: +44 (0) 7715 769078

Tel: +44 (0) 7967 816525

 

About Made Tech

 

Made Tech is a high-growth provider of digital, data and technology services to the UK public sector. Founded in 2008 and with a headcount of over 430 across multiple UK locations, Made Tech provides services that enable central government, healthcare and local government organisations to digitally transform.

 

The Group's purpose is to "positively impact the future of society by improving public sector technology". To achieve this the Group has four key strategic missions: Modernise legacy technology and working practices; Accelerate digital service and technology delivery; Drive better decisions through data and automation; and Enable technology and delivery skills to build better systems.

 

More information is available at www.madetech.com

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Christopher Blackburn

2

 

Reason for the notification

a)

 

Position/status

Person Discharging Managerial Responsibilities (PDMR) - Chief Operating Officer

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

a)

 

Name

Made Tech Group plc

b)

 

LEI

 

213800FQR678FTPNVW08

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 0.05p each



Identification code

GB00BLGYDT21



b)

 

Nature of the transaction

 

Purchase of shares

 

c)

 

Price(s) and volume(s)

Price: 10.40p

Volume: 310,000

d)

 

Aggregated information

N/A

e)

 

Date of the transaction

17 November 2023

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)  

 

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