MADE TECH GROUP PLC

Director's Dealing • Jul 25, 2023

National Storage Mechanism | Additional information

RNS Number : 1513H

Made Tech Group PLC

25 July 2023

25 July 2023

MADE TECH GROUP PLC

("Made Tech", the "Company" or the "Group")

Grant of LTIP Awards

PDMR Dealings

Made Tech, a leading provider of digital, data and technology services to the UK public sector, announces that on 25 July 2023 the following awards over Ordinary Shares in the Company were granted under the Made Tech Group plc Long Term Incentive Plan (the "LTIP"):

Director / PDMR	Role	Award	No. of Ordinary Shares under Award
Debbie Lovegrove	Director	FY23 LTIP Award	470,588
Debbie Lovegrove	Director	FY24 LTIP Award	733,945

The FY23 LTIP Award is in respect of the financial year ended 31 May 2023 and the FY24 LTIP Award in respect of the current financial year. 

The awards were granted as nil cost options and will ordinarily vest on the third anniversary of their grant subject to the grantee's continued service and the extent to which the awards' respective performance conditions are satisfied. 

The performance conditions set sliding scale targets in respect of Share Price, Adjusted Earnings Per Share and employee Net Promoter Score for measurement periods comprising respective three financial years of the Company.  

On the same date, the Company granted awards under the LTIP to other senior employees over a total of 3,774,674 Ordinary Shares.

Following the above grants under the LTIP, the Company has options outstanding over 9,289,312 Ordinary Shares, equivalent to 6.22% per cent. of the Company's current issued share capital.

Enquiries:

Made Tech Group plc Rory MacDonald, CEO Deborah Lovegrove, CFO	via Belvedere PR
Singer Capital Markets (Nominated Adviser & Broker) Jennifer Boorer / Harry Gooden / Asha Chotai	Tel: +44 20 7496 3000
Belvedere Communications (Financial PR) Cat Valentine Keeley Clarke	Email:   madetech@belvederepr.com Tel: +44 7715 769078 Tel: +44 7967 816525

About Made Tech

Made Tech is a provider of digital, data and technology services to the UK public sector. Founded in 2008 and now with a headcount of over 430 and offices in four UK locations (London, Manchester, Bristol and Swansea), Made Tech provides services that enable central government, healthcare and local government organisations to digitally transform.

Made Tech's purpose is to "positively impact the future of society by improving public sector technology". To achieve this the company has four key strategic missions: Modernise legacy technology and working practices; Accelerate digital service and technology delivery; Drive better decisions through data and automation; and Enable technology and delivery skills to build better systems.

https://investors.madetech.com/

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

Debbie Lovegrove

2

Reason for the notification

a)

Position/status

Director - PDMR

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Made Tech Group plc

b)

LEI

213800FQR678FTPNVW08

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

LTIP awards over ordinary shares in the Company

Identification code

GB00BLGYDT21

b)

Nature of the transaction

Grant of LTIP awards

c)

Price(s) and volume(s)

PDMR	Volume	Price
Debbie Lovegrove	470,588	Nil
Debbie Lovegrove	733,945	Nil

d)

Aggregated information

Aggregate number of Ordinary Shares under LTIP awards granted: 1,204,533

Aggregate price: Nil

e)

Date of the transaction

25 July 2023

f)

Place of the transaction

Outside of a trading venue

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