Made Tech Group PLC Director Share Purchase (8772T)

TIDMMTEC

RNS Number : 8772T

Made Tech Group PLC

17 November 2023

17 November 2023

MADE TECH GROUP PLC

("Made Tech" or the "Group")

Director Share Purchase

Made Tech Group plc, a leading provider of digital, data and technology services to the UK public sector, announces that Chris Blackburn, Chief Operating Officer of the Company, purchased 310,000 ordinary shares in the Company ("Ordinary Shares") at a price of 10.40 pence per Ordinary Share.

Following this purchase, Chris Blackburn's total beneficial interest in the Company is 21,650,861 Ordinary Shares representing approximately 14.50% of the Company's issued share capital.

Further to the Company's announcement on 23 February 2023, Chris Blackburn and Rory MacDonald (together, the "Concert Party") are permitted to acquire ordinary shares in the Company such that the Concert Party's fully diluted shareholding does not exceed 43.04% of the Company's issued share capital (as agreed with the Takeover Panel). Following the above purchase, the Concert Party's fully diluted shareholding in the Company is 64,245,033 ordinary shares, equivalent to 43.03%. Further details on the Concert Party are included in the Company's Admission Document dated 27 September 2021.

The Notification of Dealing Form required in accordance with Article 19.3 of UK MAR is set out below.

Enquiries:

 
Made Tech                                                via Belvedere PR 
 Rory MacDonald, CEO 
 Deborah Lovegrove, CFO 
Singer Capital Markets (Nominated               Tel: [phone] 
 Adviser & Broker) 
 Jen Boorer / Harry Gooden / Asha Chotai 
Belvedere PR (Financial PR)               Email: [e-mail] 
 Cat Valentine                                   Tel: [phone] 
 Keeley Clarke                                   Tel: [phone] 
 

About Made Tech

Made Tech is a high-growth provider of digital, data and technology services to the UK public sector. Founded in 2008 and with a headcount of over 430 across multiple UK locations, Made Tech provides services that enable central government, healthcare and local government organisations to digitally transform.

The Group's purpose is to "positively impact the future of society by improving public sector technology". To achieve this the Group has four key strategic missions: Modernise legacy technology and working practices; Accelerate digital service and technology delivery; Drive better decisions through data and automation; and Enable technology and delivery skills to build better systems.

More information is available at www.madetech.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Christopher Blackburn 
     --------------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------- 
 a)   Position/status                   Person Discharging Managerial Responsibilities 
                                         (PDMR) - Chief Operating Officer 
     --------------------------------  ----------------------------------------------- 
 b)   Initial notification              Initial Notification 
       /Amendment 
     --------------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------------- 
 a)   Name                              Made Tech Group plc 
     --------------------------------  ----------------------------------------------- 
 b)   LEI                               213800FQR678FTPNVW08 
     --------------------------------  ----------------------------------------------- 
 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      Ordinary Shares of 0.05p each 
       instrument, type of instrument 
 
      Identification code               GB00BLGYDT21 
 
 b)   Nature of the transaction         Purchase of shares 
     --------------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)            Price: 10.40p 
                                         Volume: 310,000 
     --------------------------------  ----------------------------------------------- 
 d)   Aggregated information            N/A 
     --------------------------------  ----------------------------------------------- 
 e)   Date of the transaction           17 November 2023 
     --------------------------------  ----------------------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM Market 
                                         (XLON) 
     --------------------------------  ----------------------------------------------- 
 

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November 17, 2023 09:48 ET (14:48 GMT)