Source - LSE Regulatory
RNS Number : 5536S
Cordel Group PLC
07 November 2023
 

7th November 2023

Cordel Group PLC

("Cordel" or the "Company" or the "Group")

 

Purchase of Shares by Director

 

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces that John Davis, Chief Executive Officer, on 6th November 2023, purchased on-market 100,000 Cordel ordinary Shares of £0.01 each ("Ordinary Shares") at a price of 4.8 pence per Ordinary Share:

 

Director

Shares acquired

Resultant holding

Percentage of the Company's voting rights





John Davis

            100,000

       750,000

0.4%

 

 

Enquiries:

 

Cordel Group PLC

c/o Zeus Capital

Ian Buddery, Chairman

John Davis, CEO

 


Zeus Capital Broker

+44 (0)20 3829 5000

Simon Johnson

 

Strand Hanson Limited Nominated Adviser

Richard Johnson / James Bellman

 

 

 

+44 (0)20 7409 3494

 

 

About Cordel

Cordel produces 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.cordel.ai



 

PDMR Notification Form:

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

The notification below is made in accordance with the requirements of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Davis

2

Reason for the notification

a)

Position/status

Director - Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

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

or auction monitor

a)

Name

Cordel 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 financial instrument, type of instrument

Identification code

Ordinary Shares of £0.01 nominal value each

ISIN: GB00BYZQM590

b)

Nature of the transaction

Purchase of shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




4.8p

100,000







d)

Aggregated information

 

Aggregated volume

Price

Aggregate total

n/a

 

 

e)

Date of the transaction

6th November 2023

f)

Place of the transaction

London Stock Exchange

 

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END
 
 
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