REG - Made Tech Group PLC - Grant of Awards / PDMR Dealings

Made TechAnnouncement

17/07/2025 07:00

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RNS Number : 3742R  Made Tech Group PLC  17 July 2025

 

17 July 2025

 

MADE TECH GROUP PLC

("Made Tech", the "Company" or the "Group")

 

GRANT OF AWARDS

PDMR Dealings

 

Made Tech, a leading provider of digital, data and technology services to the
UK public sector, announces that on 16 July 2025, the Company granted awards
over ordinary shares of 0.05 pence each in the Company ("Ordinary Shares") to
certain employees pursuant to the Made Tech Group plc Long Term Incentive Plan
(the "LTIP") and the Company's Restricted Share Plan (the "RSP") in respect of
the financial year ended 31 May 2025 ("FY25").

PDMR Dealings

The following Persons Discharging Managerial Responsibilities ("PDMR") have
received awards pursuant to the LTIP and RSP:

 

 Director / PDMR  Role                                     Award            No. of Ordinary Shares under award
 Neil Elton       Chief Financial Officer (Director/PDMR)  FY25 LTIP Award  3,000,000
 Vicki Chauhan    Managing Director - UK Services (PDMR)   RSP               371,134

 

LTIP

 

Half of the FY25 LTIP Awards will vest on the third anniversary, being 31 May
2027, and half on the fourth anniversary, being 31 May 2028, subject to
performance conditions over the respective three and four year vesting periods
as follows:

●     half the options in each year are subject to growth in adjusted
diluted earnings per share; the award of shares is subject to a minimum CAGR
of 15% over the respective 3 or 4 year period, and awarded on a straight line
basis up to 30% CAGR being achieved; and

●     half the options in each year are subject to growth in Total
Shareholder Return; the award of shares is subject to a minimum CAGR of 25%
over the respective 3 or 4 year period, and awarded on a straight line basis
up to 45% CAGR being achieved.

 

On the same date, the Company granted awards under the LTIP to other senior
employees over a total of 1,947,416 Ordinary Shares.  These awards vest over
a three year period ended 31 May 2027 and are all subject to performance
conditions including growth in revenue, total shareholder return and adjusted
diluted earnings per share.

 

RSP

 

The RSP has a grant value of £90,000 and will vest in three equal instalments
on 7th January 2026, 2027 and 2028.  The number of Ordinary Shares awarded
will be based on the 30 day volume weighted average share price at each
vesting date, capped at a maximum award of 123,711 Ordinary Shares in each
year. The RSP is not subject to any performance conditions.

 

All awards were granted as nil cost options.

 

Following the above awards under the LTIP and RSP, the Company has options
outstanding over 9,711,378 Ordinary Shares, equivalent to 6.51% per cent. of
the Company's current issued share capital.

 

 Enquiries:

 

 Made Tech Group plc                                      via Rawlings Financial

 Rory MacDonald, CEO

 Neil Elton, CFO
 Singer Capital Markets (Nominated Adviser & Broker)      Tel: +44 20 7496 3000

 Jennifer Boorer / Asha Chotai
 Rawlings Financial PR Limited                            Email:  madetech@rfpr.co.uk (mailto:madetech@belvederepr.com)

 Cat Valentine                                            Tel: +44 7715 769078

 

About Made Tech:

 

Made Tech is a provider of digital, data and technology services, which enable
central government, healthcare, local government organisations and other
regulated industries to digitally transform.

 

Made Tech's purpose is to "positively impact the future of society by
improving public services technology". To achieve this the company 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.

 

The Group operates across the UK with offices in London, Manchester and
Bristol.

 

More information is available at https://investors.madetech.com/
(https://investors.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                                                         1.    Neil Elton

                                                                   2.    Vicki Chauhan
 2    Reason for the notification

 a)   Position/status                                              1.    Chief Financial Officer (Director/PDMR)

                                                                   2.    Managing Director - UK Services (PDMR)
 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  Award over Ordinary Shares of 0.05 pence each in the Company

      Identification code                                          GB00BLGYDT21

 b)   Nature of the transaction                                    1.      Grant of LTIP award

                                                                   2.      Grant of RSP award

 c)   Price(s) and volume(s)                                       1.      3,000,000 nil cost options

                                                                   2.      371,134 nil cost options
 d)   Aggregated information                                       1.      Aggregate number of LTIP awards granted: 3,000,000; Aggregate

                                                                 price: N/A

                                                                   2.      Aggregate number of LTIP awards granted: 371,134; Aggregate
                                                                   price: N/A
 e)   Date of the transaction                                      16  July 2025

 f)   Place of the transaction                                     Outside of a trading venue

 

 

 

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