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RNS Number : 4385I

Maestrano Group PLC

13 August 2021

13 August 2021

Maestrano Group PLC

("Maestrano" or the "Company")

Director's exercise of options

Maestrano Group PLC (AIM: MNO), the artificial intelligence platform for transport corridor analytics, announces that Jonathan Macleod, non-executive Director, has exercised options over 1,411,111 ordinary 1p shares in the Company ("Shares") at 1.3p per share. Following this exercise Mr Macleod 's interest in the Company will increase to 1,886,118 s hares, representing approximately 1.11 per cent of the Company 's issued s hares as

enlarged through the exercise of options.   Mr Macleod has no further options.

Application and Total Voting Rights

Application has been made to the London Stock Exchange for the 1,411,111 new Shares to be admitted to trading on AIM ("Admission") and Admission is expected to occur on or around 18 August 2021. The new Shares will, upon issue, rank pari passu with the existing Shares in the Company.

Following Admission of the 1,411,111 new Shares, the Company's enlarged issued share capital will be 170,177,186 Shares. The Company holds no Shares in Treasury. This figure of 170,177,186 Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

 
 Maestrano Group PLC                              c/o SEC Newgate 
 Ian Buddery, Chairman 
  Nick Smith, CEO 
 Arden Partners (Broker and Nominated Adviser)    +44 (0)20 7614 5900 
 Ruari McGirr / Richard Johnson / Akhil Shah 
 SEC Newgate (Financial PR)                       +44(0) 7540 106366 
 Robin Tozer / Bob Huxford / Tom Carnegie         maestrano@secnewgate.co.uk

About Maestrano

Maestrano offers a patented cloud-based platform for master data management and specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms. Further information on the Company is available at: www.maestrano.com

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                           Jonathan Macleod 
      ----------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                                Non-executive Director 
      ----------------------------------  ---------------------------------------------- 
 b)    Initial notification                Initial notification 
        /Amendment 
      ----------------------------------  ---------------------------------------------- 
 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                  ordinary shares of GBP0.01 nominal value 
        financial instrument,               each 
        type of instrument                  ISIN: GB00BYZQM590 
        Identification code 
 b)    Nature of the transaction           Exercise of warrants 
 c)    Price(s) and volume(s) 
                                           -----------------  ------------------------ 
                                            Price(s)           Volume(s) 
                                           -----------------  ------------------------ 
                                            1.3p                    1,411,111 
                                           -----------------  ------------------------ 
 
 d)    Aggregated information              N/a - single transactions 
 e)    Date of the transaction             12 August 2021 
 f)    Place of the transaction            Off Exchange 
      ----------------------------------  ----------------------------------------------

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August 13, 2021 02:00 ET (06:00 GMT)

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