TIDMADT

RNS Number : 2257X

AdEPT Telecom plc

17 November 2014

AdEPT Telecom plc

("AdEPT" or the "Company")

Director/PDMR shareholdings

Executive directors increase shareholdings

AdEPT (AIM: ADT), one of the UK's leading independent providers of award-winning landline voice and data connectivity telecommunications services, VoIP and mobile networks, was notified on 14 November 2014 that Amanda Woodruffe (Chief Operating Officer), Joe Murphy (Sales Director) and John Swaite (Finance Director) had increased their shareholdings in the Company following the exercise of a total of 350,000 options over ordinary shares of 10p each ("New Ordinary Shares") at a price of 40p per share ("Exercise") and had subsequently sold a total of 170,000 Ordinary Shares at a price of 125p per share to satisfy institutional demand and the associated tax and option exercise costs.

 
                    Ordinary      Options   Ordinary   Resultant     Percentage 
                      Shares    exercised     Shares    Ordinary    of enlarged 
                  held prior                    sold      Shares         issued 
                 to Exercise                                held       Ordinary 
                                                                         Shares 
 
 Amanda 
  Woodruffe          103,209      200,000    110,000     193,209          0.86% 
 Joe Murphy              357       75,000     30,000      45,357          0.20% 
 John Swaite          11,256       75,000     30,000      56,256          0.25% 
-------------  -------------  -----------  ---------  ----------  -------------

Application will be made to the London Stock Exchange for the New Ordinary Shares, which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM ("Admission"). Admission is expected to take place on 21 November 2014.

Following Admission, the total number of Ordinary Shares in issue will be 22,419,603. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 22,419,603. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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 7382 1100 
 Nominated Adviser 
  Edward Hutton/Lauren 
  Kettle 
 Broking 
  John Howes/Alice Lane

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, VoIP 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, Vodafone and TalkTalk Business.

AdEPT Telecom 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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