AdEPT Telecom plc Director/PDMR Shareholding (8755E)

TIDMADT

RNS Number : 8755E

AdEPT Telecom plc

21 July 2016

AdEPT Telecom plc

("AdEPT" or the "Company")

Director/PDMR shareholding

AdEPT (AIM: ADT), one of the UK's leading independent communications integrators and managed service providers, today announces that Richard Burbage, Unified Communications Director, has purchased 125,000 shares at 240p per share.

Following the purchase, Richard Burbage is now interested in 125,000 ordinary shares (representing 0.56 per cent. of the issued ordinary share capital).

For further information on AdEPT Telecom, please visit www.adept-telecom.co.uk or contact:

 
 AdEPT Telecom Plc 
 Roger Wilson, Chairman                07786 111 535 
 Ian Fishwick, Chief Executive         01892 550 225 
 John Swaite, Finance Director         01892 550 243 
 Northland Capital Partners Limited    020 3861 6625 
 Nominated Adviser 
  Edward Hutton/Gerry Beaney 
 Broking 
  John Howes/Abigail Wayne 
 
 

This announcement contains inside information for the purposes of Article 7 of EU Market Abuse Regulation 596/2014. The information set out below is provided in accordance with the requirements of Article 19(3) of that Regulation.

 
  1    Details of the person discharging managerial responsibilities 
        I person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Richard Burbage 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Director 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        AdEPT Telecom plc 
---  --------------------------  ----------------------------------------- 
 b)   LEI                         n/a 
---  --------------------------  ----------------------------------------- 
 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          Ordinary Shares 
       financial instrument, 
       type of instrument 
---  --------------------------  ----------------------------------------- 
     Identification code          GB00B0WY3Y47 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Purchase 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                     240p      125,000 
                                   ---------  ---------- 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
       - Aggregated volume 
       - Price 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     21 July 2016 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM Market (XLON) 
---  --------------------------  ----------------------------------------- 
 

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of voice and data telecommunications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile, IP telephony, equipment installation, managed services, IT services, Wi-Fi, hardware and data connectivity products. AdEPT's tailored services are used by thousands of businesses and residential customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media and Avaya.

AdEPT is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 21, 2016 06:37 ET (10:37 GMT)