Source - LSE Regulatory
RNS Number : 2731T
Maestrano Group PLC
19 March 2019
 

19 March 2019   

 

Maestrano Group PLC

 

("Maestrano" or the "Company")

 

Director dealing

 

Maestrano Group PLC (AIM: MNO), the open cloud business integration platform with cross-app data synchronization announces that it was notified on 18 March 2019 that M4soft Pty Ltd, a company associated with Ian Buddery, Chairman, bought 500,000 ordinary shares of £0.01 each ("Ordinary Shares") in the Company on 18 March 2019 at a price of 2.9p per Ordinary Share.

 

Following this acquisition, Ian Buddery and parties associated with him hold 2,200,101 Ordinary Shares representing 2.75 per cent. of the Company's total voting rights.

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

 

Enquiries:

 

Maestrano Group plc

Ian Buddery, Chairman

Andrew Pearson, CEO

 

c/o IFC

Grant Thornton (Nominated Adviser)

Colin Aaronson / Jamie Barklem / Niall McDonald

 

+44 (0)20 7383 5100

Arden Partners (Broker)

Ruari McGirr  / Ciaran Walsh / Alex Penney

 

+44 (0)20 7614 5900

IFC Advisory Limited (Financial PR & IR)

Graham Herring / Miles Nolan / Zach Cohen

graham.herring@investor-focus.co.uk     miles.nolan@investor-focus.co.uk

+44 (0)20 3934 6630

 

 

About Maestrano

 

Maestrano is a software company which develops and deploys a patented Cloud based Platform as a Service that addresses the needs of Small to Medium Businesses (SMBs) and large Enterprises (such as major banks and global accounting firms) to access real time, automated management data efficiently on an integrated Platform. This technology is called Master Data Management (MDM).

 

Further information on the Group is available at www.maestrano.com

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

 

 

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

M4Soft Pty Ltd

2

Reason for the notification

a)

Position/status

M4Soft Pty Ltd is an entity connected with Ian Buddery, Chairman

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Maestrano Group plc

b)

LEI

213800ZUBMOCVHSSJC14

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 £0.01 each

 

 

GB00BYZQM590

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

2.9p

500,000

 

d)

Aggregated information

- Aggregated volume

- Price

Aggregate volume: 500,000

Aggregate price: 2.9 pence

Aggregate total: £14,500

e)

Date of the transaction

18 March 2019

f)

Place of the transaction

London Stock Exchange, (XLON)

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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