Schedule One - Made Tech Group plc | RNS | Ticker

Schedule One - Made Tech Group plc

RNS Announcement

RNS Number : 6056L

AIM

14 September 2021

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

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

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Registered office and principle trading address:

4 O'Meara Street

Southwark

London

SE1 1TE

COUNTRY OF INCORPORATION:

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.madetech.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

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 240 across four UK locations (London, Manchester, Bristol and Swansea), Made Tech provides services that enable central government, healthcare and local government organisations to digitally transform.

The Company works directly with public sector clients to drive the digital transformation of citizen services, creating efficiencies for clients and saving taxpayers money. Made Tech's employees work directly with the client to understand the challenges faced (including meeting new policy changes, addressing outdated tools and ways of working, meeting changing user needs, requiring support to deliver agile projects, lack of in-house training in digital delivery) and work to create bespoke digital solutions to deliver software to address challenges, whilst generating operational efficiencies and increasing capabilities. The Company has historically benefited from, and expects to continue to benefit from, the considerable growth in spending by the UK Government on digital transformation and changes within the UK public sector IT market to disaggregate contracts to the benefit of smaller and more focused companies like Made Tech.

The Company has a number of clients across UK Government departments, agencies and public bodies, including the Ministry of Justice, Department for Education, Home Office, DVLA, Ofgem, HMRC, Department for International Trade, Ministry for Housing, Communities & Local Government and London Borough of Hackney.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

Number of ordinary shares of £0.0005 each ("Ordinary Shares") for which Admission is

being sought: TBC

The Issue price per Ordinary Share: TBC

The Ordinary Shares are freely transferable with no restrictions placed on them.

CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Total capital to be raised on Admission: TBC

Primary funds raised for the Company: TBC

Secondary funds raised for existing shareholders: TBC

Anticipated market capitalisation on Admission: TBC

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

TBC%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:

Not applicable

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Joanne Carolyn Lake - Independent Non-Executive Chair

Rory Peter MacDonald - Chief Executive Officer

Christopher James Blackburn - Chief Operating Officer

Deborah Lovegrove - Chief Financial Officer

Helen Patricia Gilder - Independent Non-Executive Director

Philip David Pavitt - Independent non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Shareholder	Pre Admission Shareholding %	Estimated Post-Admission Shareholding %
Rory MacDonald	53.41	TBC
Christopher Blackburn	27.33	TBC
Luke Morton	7.71	TBC
Ian Southward	3.85	TBC
Tom Taylor	3.85	TBC
Peter Wild	3.85	TBC

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 31 May

(ii) 31 May 2021

(iii) 28 February 2022 (unaudited consolidated interim report for the 6 months ended 30 November 2021)

30 November 2022 (audited consolidated annual report for the 12 months ended 31 May 2022)

28 February 2023 (unaudited consolidated interim report for the 6 months ended 30 November 2022)

EXPECTED ADMISSION DATE:

30 September 2021

NAME AND ADDRESS OF NOMINATED ADVISER:

Singer Capital Markets Advisory LLP

One Bartholomew Lane, London, EC2N 2AX

NAME AND ADDRESS OF BROKER:

Singer Capital Markets Securities Limited

One Bartholomew Lane, London, EC2N 2AX

Joh. Berenberg, Gossler & Co KG, London Branch

60 Threadneedle Street, London, EC2R 8HP

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

A copy of the Admission Document containing full details about the applicant and the

admission of its securities will be available on the Company's website at

www.madetech.com from Admission.

THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY

The Quoted Companies Alliance (QCA) Corporate Governance Code

DATE OF NOTIFICATION:

14 September 2021

NEW/ UPDATE:

New

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

PAAZZGMLFFFGMZM

RNS metadata

Title: Schedule One - Made Tech Group plc
Time: 08:00:01
Date: 14 Sept 2021
Category: Capital structure
ID: 6056L