REG - adept4 plc - Director/PDMR Shareholding

CloudcocoAnnouncement

29/10/2019 14:00

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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