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Trading and Strategy Update and Online Investor Events

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ADEPT TECHNOLOGY GROUP PLC ("AdEPT" or the "Company" or the "Group") Trading and Strategy Update and Online Investor Events AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for cloud, digital platforms, unified communications, and connectivity solutions, is pleased to announce a trading and strategy update. The Board is pleased to report a strong finish to the financial year ended 31 March 2022 ("FY22" or the "Period"), in terms of order intake, and that it expects the Group revenue and adjusted EBITDA for the Period to be broadly in line with current market forecasts. Following a strategic review of the business, undertaken during the Period, the Board considers the Group to be ideally placed to capitalise on its market position and focus on the organic growth opportunities available. The Group's audited Final Results for FY22 are expected to be announced in July 2022. Trading Update This…

TR-1 announcement

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TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB00B0WY3Y47 Issuer Name ADEPT TECHNOLOGY GROUP PLC UK or Non-UK Issuer UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Downing LLP City of registered office (if applicable) London Country of registered office (if applicable) Greater London 4. Details of the shareholder Name City of registered office Country of registered office Downing Strategic Micro-Cap Investment Trust, Client funds managed by Downing LLP London UK 5. Date on which the threshold was crossed or reached 13-Jan-2022 6. Date on which Issuer notified 20-Jan-2022 7. Total positions of person(s) subject to the notification obligation . % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B)…

TR-1 shareholder increases stake

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TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB00B0WY3Y47 Issuer Name ADEPT TECHNOLOGY GROUP PLC UK or Non-UK Issuer UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Liontrust Investment Partners LLP City of registered office (if applicable) Country of registered office (if applicable) GB 4. Details of the shareholder Name City of registered office Country of registered office Liontrust Asset Management Plc London United Kingdom 5. Date on which the threshold was crossed or reached 18-Jan-2022 6. Date on which Issuer notified 19-Jan-2022 7. Total positions of person(s) subject to the notification obligation . % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held…

Datrix going global: second international contract win

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ADEPT TECHNOLOGY GROUP PLC (“AdEPT” or the “Group”) Datrix going global: second international contract win AdEPT (AIM: ADT), one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity, and voice solutions, is pleased to report that Datrix, a leading Smart Infrastructure and Cyber Security solutions provider which the Group acquired in April 2021, has secured a strategically important contract with a leading global financial services business. The managed services cyber security package is worth £1 million to AdEPT over the next three years and is the second international contract to be secured by the recently acquired business. This follows the success in June, when Datrix won a pan-European contract with Yesss Electrical to deliver a fully managed and highly secure SDWan service. Datrix was recommended for the contract by Cato Networks, the leading provider of Secure Access Service Edge (“SASE”), solutions. This decision was based…

Interim results for the six months ended 30 September 2021

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16 November 2021 AdEPT Technology Group plc (“AdEPT” or the “Company”, together with its subsidiaries the “Group”) Interim results for the six months ended 30 September 2021 AdEPT (AIM: ADT), one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity, voice and cloud services, is pleased to announce its unaudited results for the six months ended 30 September 2021 (“H1 FY22” or the “Period”). Highlights Revenue and EBITDA • Group revenue increased by 20% to £34.3 million (H1 FY21: £28.5 million), despite deferral of c.£0.9 million into H2 FY22 due to global supply chain issues and customer resource allocation • Strong organic growth of 6% in Cloud Centric Strategic Services revenue - up 19% to £14.6 million • Managed service revenue grew organically by 4% and increased to 87% of revenue (H1 FY21: 82%), as the Group continues its strategic move away from Traditional Telephony…

Notice of Results and Online Investor Presentation

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ADEPT TECHNOLOGY GROUP PLC(“AdEPT” or the “Company” or the “Group”)Notice of Results and Online Investor Presentation AdEPT (AIM: ADT), one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity, and voice solutions, is pleased to confirm that its results for the half year ended 30 September 2021 will be released on Tuesday, 16 November 2021. There will be a live online results presentation via the Investor Meet Company platform on that day, 16 November 2021, commencing at 11.30am. The presentation is open to all existing and potential investors. Questions may be submitted pre-event via the Investor Meet Company dashboard, up until 9am the day before the meeting or at any time during the live presentation. Investors may sign up to Investor Meet Company for free and add to meet ADEPT TECHNOLOGY GROUP PLC via: https://www.investormeetcompany.com/adept-technology-group-plc/register-investor Investors already following AdEPT on the Investor Meet Company platform will be invited…

Environmental, Social, and Governance

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AdEPT is keen to play it’s part in making the world a better place for current and future generations, and our new Environmental, Social and Governance (ESG) paper is now available to read, setting out an accountable, transparent framework for engaging with sustainability as a company. Areas covered include energy use, waste management, and climate change, as well as human rights, diversity and inclusion. Click here to read more.

Datrix acquisition integrating well

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13 September 2021 ADEPT TECHNOLOGY GROUP PLC ("AdEPT" or the "Group") Datrix acquisition integrating well AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity, and voice solutions, is pleased to report that Datrix, a substantial and strategically important acquisition announced in April 2021 is integrating well with early key goals achieved. GOAL 1 - Migration to core systems Immediately following the acquisition, the Datrix team began work with AdEPT's Project Fusion team to migrate to the Group's internal systems, ONE AdEPT.  We are pleased to report that this was successfully and smoothly achieved in August, ahead of plan. As a result, we are already seeing increased operational insight across the internal teams. Datrix's outstanding products, services and partners has added significantly to our capabilities, bringing scale and extending both our expertise and our solution breadth. The swift integration means our customers…

Notice of AGM and Posting of Annual Report

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20 August 2021 ADEPT TECHNOLOGY GROUP PLC(“AdEPT” or the “Group”) Notice of AGM and Posting of Annual Report AdEPT (AIM: ADT), one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity, and voice solutions, announces that its Annual Report for the year ended 31 March 2021, together with the Notice of its 2021 Annual General Meeting (AGM) are now available on the Group’s website https://www.adept-technology-group.co.uk/. Copies of both documents will be posted to shareholders later today. The AGM is to be held at the Group’s registered office at Oakhurst House, 77 Mount Ephraim, Tunbridge Wells, Kent TN4 8BS on 23 September 2021 at 10.00am. Attendance at the AGM and the impact of COVID-19 In accordance with the UK government’s roadmap to ease COVID-19 restrictions across England at the time of writing, it is expected that it will be possible to offer an in-person meeting. However,…

FINAL RESULTS 2021

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ADEPT TECHNOLOGY GROUP PLC(“AdEPT” or the “Company” or the “Group”) FINAL RESULTS 2021 AdEPT, one of the UK’s leading independent providers of managed services for IT, connectivity, unified communications solutions, and cloud services, is pleased to announce its final results for the full year ended 31 March 2021 (“FY21”). The Group delivered a resilient financial performance under highly challenging trading conditions and made considerable progress in its strategic ambitions, despite the disruption. Financial highlights   Revenue of £57.9m at 94% of FY20 (2020: £61.7m)   Gross Profit of £27.6m at 91% of FY20 (2020: £30.2m)   Underlying EBITDA of £9.8m at 84% of FY20 (2020: £11.7m)1   Underlying EBITDA margin of 17% (2020: 19%)   Adjusted fully diluted earnings per share of 22.4p (2020: 28.0p)2   Cash generation from operating activities after tax £7.4m (2020: £7.6m)   Cash at year-end £13.2m (2020: £11.8m)   Conversion of reported EBITDA to operating…
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