At a time when many of the new AIM admissions over the past three years have performed poorly, one of the worst is Made Tech Group (LON: MTEC), which joined AIM in September 2021 when it raised £15m at 112p a share. The share price has slumped to 10.75p.
Chief operating officer Chris Blackburn acquired 310,000 shares at 10.4p each. That takes his stake to 14.5%. Back in July, chief executive Rory MacDonald acquired 897,507 shares at 17.14p each.
Chris Blackburn and Rory MacDonald are deemed to be a concert party and are not allowed to take their combined stake above 43.04%. The level is...
