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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Adept Technology Group Plc | LSE:ADT | London | Ordinary Share | GB00B0WY3Y47 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 200.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMADT
RNS Number : 0434Z
AdEPT Technology Group PLC
07 January 2020
AdEPT Technology Group plc
("AdEPT" or the "Company")
Grant of options
AdEPT Technology Group plc (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity, voice and cloud services, announces that it has granted options to Phil Race, the Company's Chief Executive Officer, over 237,018 ordinary shares of 10 pence each in the Company ("Ordinary Shares"). This grant of options form part of the remuneration package agreed under the employment terms for Phil Race following his appointment as CEO on 20 December 2018.
The options have an exercise price of 333 pence, being the closing mid-market price on 31 December 2019, and will vest three years after the date of issue. Following the grant of options, Phil Race holds options over 474,036 Ordinary Shares.
For further 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 Cantor Fitzgerald Europe Nominated Adviser & Broker Phil Davies / Will Goode 020 7894 7000
Overview of 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
1 Details of the relevant person / person closely associated a) Name Phil Race -------------------------- --------------------------------------- 2 Reason for the notification ------------------------------------------------------------------- a) Position/status Director of AdEPT Technology Group plc -------------------------- --------------------------------------- b) Initial notification/ Initial notification Amendment -------------------------- --------------------------------------- 3 Details of the issuer ------------------------------------------------------------------- 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 Ordinary Shares financial instrument, type of instrument Identification code GB00B0WY3Y47 -------------------------- --------------------------------------- b) Nature of the transaction Grant of options -------------------------- --------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 333 pence 237,018 ---------- -------------------------- --------------------------------------- d) Aggregated information - Aggregated volume As above - Price As above -------------------------- --------------------------------------- e) Date of the transaction 1 January 2020 -------------------------- --------------------------------------- f) Place of the transaction AIM -------------------------- ---------------------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
January 07, 2020 10:00 ET (15:00 GMT)
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