AdEPT Telecom plc Replacement: Director Increases Shareholding (3429Y)

TIDMADT

RNS Number : 3429Y

AdEPT Telecom plc

20 August 2018

AdEPT Telecom plc

("AdEPT" or the "Company")

The following amendment has been made to the Director Increases Shareholding announcement released on 20 August 2018 at 10.19am under RNS No. 2870Y.

The text 'by Greenwood Investments Limited' has been deleted from the first sentence. All other details remain unchanged.

The full amended text is shown below.

AdEPT Telecom plc

("AdEPT" or the "Company")

Director 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 Ian Fishwick (Chief Executive) has increased today his shareholding in the Company following the purchase of 10,196 ordinary shares of 10p each ("Ordinary Shares") at a price of 373p per Ordinary Share.

Following the purchase, Mr Fishwick is interested in 708,760 Ordinary Shares, representing approximately 3 per cent. of the current issued share capital of the Company.

For further information on AdEPT Telecom, please visit www.adept.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 
  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 IT services, unified communications, IP telephony 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

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                                                              Ian Fishwick 
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 Telecom 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) 
                                                                       373p      10,196 
d)  Aggregated information                                             N/A 
     - Aggregated volume 
     - Price 
e)  Date of the transaction                                           20 August 2018 
f)  Place of the transaction                                          London Stock Exchange 
 

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 [e-mail] or visit www.rns.com.

END

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August 20, 2018 11:37 ET (15:37 GMT)