REG - Made Tech Group PLC - Launch of 2024 SAYE Scheme & Grant of SAYE options

Made TechAnnouncement

26/11/2024 07:00

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RNS Number : 5648N  Made Tech Group PLC  26 November 2024

26 November 2024

 

MADE TECH GROUP PLC

("Made Tech" or the "Group")

 

Launch of 2024 SAYE Scheme,

Grant of SAYE options, and PDMR Dealings

 

Made Tech Group plc, a leading provider of digital, data and technology
services to the UK public sector, is pleased to announce that it has launched
its first Save As You Earn ("SAYE") share scheme for all employees, under
which employees were offered the opportunity to participate in the future
growth of the Company via share option arrangements.

 

Eligible employees were invited to subscribe for options over the Company's
Ordinary Shares of 0.05 pence each ("Ordinary Shares") with an exercise price
of 16.7 pence, being the average closing middle market price of the Company's
Ordinary Shares in the five business days ended 30 October 2024, the trading
day before the invitation to participate was made. The options have a contract
start date of 1 January 2025 and are exercisable from 1 January 2028.

 

A total of 122 employees elected to participate in this scheme, and, pursuant
to these elections, a total of 1,258,455 options over Ordinary Shares were
granted, equating to 0.84 per cent. of the total issued share capital of the
Company, as at 25 November 2024.

 

The following Persons Discharging Managerial Responsibilities ("PDMRs") of the
Company elected to participate in the SAYE scheme:

 

 PDMR          Options granted over Ordinary Shares under 2024 SAYE scheme
 Neil Elton    12,218
 Wayne Searle  12,218

 

Enquiries:

 

 Made Tech                                                Via Rawlings Financial PR Limited

 Rory MacDonald, CEO

 Neil Elton, CFO

 Singer Capital Markets (Nominated Adviser & Broker)      Tel: +44 (0) 20 7496 3000

 Jen Boorer/ Asha Chotai

 Rawlings Financial PR Limited (Financial PR)             Email: madetech@rfpr.com

 Cat Valentine                                            Tel: +44 (0) 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 from four locations across the UK - London, Manchester,
Bristol, and Swansea.

 

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.    Wayne Searle
 2    Reason for the notification

 a)   Position/status                                              1.    Neil Elton - Chief Financial Officer

                                                                   2.    Wayne Searle - Chief People 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                                    Grant of options under 2024 SAYE Scheme

 c)   Price(s) and volume(s)

       Price       Volume
                                                                   Neil Elton    16.7 pence  12,218
                                                                   Wayne Searle  16.7 pence  21,218

 

 d)   Aggregated information                                       N/A

 e)   Date of the transaction                                      25 November 2024

 f)   Place of the transaction                                     Off market

 

 

d)

 

Aggregated information

N/A

e)

 

Date of the transaction

25 November 2024

f)

 

Place of the transaction

Off market

 

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