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RNS Number : 8684M
AdEPT Telecom plc
02 August 2017
 

AdEPT Telecom Plc

 

("AdEPT" or the "Company")

Director shareholdings

In order to satisfy demand from one of the Company's existing institutional shareholders, three directors have sold a total of 897,500 shares at 327.5p per share. Ian Fishwick, Chief Executive Officer, has sold 500,000 shares, Roger Wilson, Chairman, has sold 350,000 shares and Dusko Lukic, Non-Executive Director, has sold 47,500 shares.

 

Ian Fishwick is now interested in 695,977 ordinary shares (representing 2.9 per cent. of the issued ordinary share capital).  Roger Wilson is now interested in 438,300 ordinary shares (representing 1.8 per cent. of the issued ordinary share capital.  Dusko Lukic has no shareholding following the transaction.

 

This announcement contains inside information.

 

For more information please contact:

 

AdEPT Telecom Plc

Roger Wilson, Chairman

Ian Fishwick, Chief Executive

John Swaite, Finance Director

 

 

 

07786 111 535

01892 550 225

01892 550 243

 

Northland Capital Partners Limited

Nominated Adviser

Edward Hutton/Gerry Beaney

 

Broking

John Howes

 

020 3861 6625

 

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of unified communications and IT solutions.  The Company provides a complete communications portfolio of unified communications, IP telephony, equipment installation, managed services, IT 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 BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple.

 

AdEPT is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk



The notifications below are 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 Officer

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 

Identification code

Ordinary Shares of 10p each 

GB00B0WY3Y47

b)

Nature of the transactions

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

327.5p

500,000

d)

Aggregated information

-     Aggregated volume

-     Price

 N/A

 

 

e)

Date of the transaction

2 August 2017

f)

Place of the transaction

London Stock Exchange



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roger Wilson

2

Reason for the notification

a)

Position/status

Chairman

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

 Identification code

Ordinary Shares of 10p each 

GB00B0WY3Y47

b)

Nature of the transactions

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

327.5p

350,000

d)

Aggregated information

-     Aggregated volume

-     Price

 N/A

 

 

e)

Date of the transaction

2 August 2017

f)

Place of the transaction

London Stock Exchange

 



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dusko Lukic

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 

Identification code

Ordinary Shares of 10p each 

GB00B0WY3Y47

b)

Nature of the transactions

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

327.5p

47,500

d)

Aggregated information

-     Aggregated volume

-     Price

 N/A

 

 

e)

Date of the transaction

2 August 2017

f)

Place of the transaction

London Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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