TIDMADT

RNS Number : 0730G

AdEPT Technology Group PLC

20 November 2020

AdEPT Technology Group PLC

("AdEPT" or the "Company" together with its subsidiaries the "AdEPT Group")

Chief Executive increases shareholding

AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, was notified that Phil Race (Chief Executive) has purchased of 5,600 ordinary shares of 10p each ("Ordinary Shares") at a price of 223p per Ordinary Share.

Following the purchase, Mr Race is interested in 16,191 Ordinary Shares, representing approximately 0.06 per cent. of the current issued share capital of the Company.

For more information please contact:

 
 
  AdEPT Technology Group Plc 
   Ian Fishwick, Chairman            07720 555 050 
   Phil Race, Chief Executive         07798 575 338 
   John Swaite, Finance Director      01892 550 243 
 N+1 Singer 
  Nominated Adviser & Broker 
  Shaun Dobson/Iqra Amin              020 7496 3000

About AdEPT Technology Group plc:

AdEPT Technology Group plc is one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions. AdEPT's tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as Openreach, BT Wholesale, Virgin Media, Avaya, Microsoft, Dell and Apple.

AdEPT is quoted on AIM, operated by the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept.co.uk

The notification below is provided in accordance with the requirements of the EU Market Abuse Regulation.

 
1   Details of the person discharging managerial responsibilities/person closely associated 
a)  Name                                                              Phil Race 
2   Reason for the notification 
a)  Position/status                                                   Chief Executive 
b)  Initial notification/ Amendment                                   Initial 
3   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                              AdEPT Technology Group Plc 
b)  LEI                                                               213800T1WNDEXVBGMP93 
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 10p each 
     Identification code                                               GB00B0WY3Y47 
b)  Nature of the transactions                                        Purchase of Ordinary Shares 
c)  Price(s) and volume(s)                                            Price(s)  Volume(s) 
                                                                       223p      5,600 
d)  Aggregated information                                             N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                           19 November 2020 
f)  Place of the transaction                                          London Stock Exchange

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END

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(END) Dow Jones Newswires

November 20, 2020 11:45 ET (16:45 GMT)

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