TIDMADT

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               07786 111 535 
   Ian Fishwick, Chief Executive         01892 550 225 
   John Swaite, Finance Director         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       Ordinary Shares of 10p each 
     Identification code                                               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                                             N/A 
     - Aggregated volume 
     - Price 
    ----------------------------------------------------------------  ---------------------------- 
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       Ordinary Shares of 10p each 
     Identification code                                               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                                             N/A 
     - Aggregated volume 
     - Price 
    ----------------------------------------------------------------  ---------------------------- 
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       Ordinary Shares of 10p each 
     Identification code                                               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                                             N/A 
     - Aggregated volume 
     - Price 
    ----------------------------------------------------------------  ---------------------------- 
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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August 02, 2017 04:18 ET (08:18 GMT)

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