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Director/PDMR Shareholding

21st Jul 2016 11:37

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 /Amendment

Initial notification

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 financial  instrument, type of instrument

 

 

 

Ordinary Shares

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

- Aggregated volume 

- Price 

 

n/a

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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