Purchase of Shares by Director

RNS Number : 9050V
Cordel Group PLC
12 August 2022
 

12 August 2022

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 the following director, on 11 August 2022, acquired 200,000 Cordel ordinary Shares of £0.01 each ("Ordinary Shares") at a price of 6.98 pence per Ordinary Share:

 

 

Director

Shares acquired

Resultant holding

Percentage of the Company's voting rights





Robert Lojszczyk

  200,000

  1,320,000

0.775%

 

The purchase was made on-market, in the name of Krakt Pty Ltd , a company wholly owned by Mr Lojszczyk.

 

 

 

Enquiries:

 

Cordel Group PLC

c/o SEC Newgate

Ian Buddery, Chairman

Nick Smith, CEO

 


Arden Partners plc Broker

+44 (0)20 7614 5900

Ruari McGirr

 

Strand Hanson Limited Nominated Advisor

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

Robert Lojszczyk

2

Reason for the notification

a)

Position/status

Director

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)




6.98p

200,000







d)

Aggregated information

 

Aggregated volume

Price

Aggregate total

 

 

  200,000

  6.98p

£13,960

 

e)

Date of the transaction

11 August 2022

f)

Place of the transaction

London Stock Exchange

 

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