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ADT Adept Technology Group Plc

200.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AdEPT Telecom plc Issue of Share Options and Director Disclosure (3538Y)

21/08/2018 7:00am

UK Regulatory


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RNS Number : 3538Y

AdEPT Telecom plc

21 August 2018

AdEPT Telecom PLC

("AdEPT" or the "Company")

Issue of share options

The Company has today issued a total of 200,000 options (100,000 each) over ordinary shares of 10p each at an exercise price of 353p to the Managing Directors of Our IT Department Limited and Atomwide Limited in accordance with the resolution approved by shareholders at the 2017 AGM. The issue of these options is to further align the interest of senior employees with those of shareholders and promote the retention of the Company's senior management team.

Following the award, the share options which remain outstanding under the Company share option schemes at the date of this announcement are:

 
                          Options at 
                  Option    31 March  Option          Date of 
                  scheme        2018   price            grant 
-----------  -----------  ----------  ------  --------------- 
I Fishwick           EMI     129,440    222p     1 March 2016 
J Swaite             EMI      64,720    222p     1 March 2016 
R Wilson             EMI      29,660    222p     1 March 2016 
D Lukic       Unapproved      16,180    222p     1 March 2016 
R Burbage     Unapproved     100,000    238p  31 October 2016 
R Burbage     Unapproved      52,500    238p  31 October 2016 
I Fishwick    Unapproved     140,000    335p    2 August 2017 
J Swaite      Unapproved     100,000    335p    2 August 2017 
D Bealing     Unapproved     100,000    353p   20 August 2018 
A Foster      Unapproved     100,000    353p   20 August 2018 
-----------  -----------  ----------  ------  --------------- 
 

Director Disclosure

The Company announces in accordance with AIM Rule 17 of the AIM Rules for Companies that it has been informed by Dusko Lukic, a Non-Executive Director of the Company, that Millpath Limited, a private company of which Dusko Lukic is a director, is in compulsory liquidation.

AdEPT Telecom plc has no relationship to Millpath Limited and the Board of the Company do not consider this disclosure has any impact on Dusko's ability as a Non-Executive Director of the Company.

For more information please 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 
  Nominated Adviser - Tom Price/Edward 
  Hutton 
  Broking - Rob Rees                        020 3861 6625 
 

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions. The Company provides a complete communications portfolio of unified communications, IP telephony, IT services, equipment installation, managed services, Wi-Fi, IT and communications hardware and data connectivity products. 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 listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept.co.uk

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.

END

MSCSEIFWSFASEFA

(END) Dow Jones Newswires

August 21, 2018 02:00 ET (06:00 GMT)

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