Purchase of Shares by PDMR

Summary by AI BETAClose X

Cordel Group PLC announced that Michael Turner, Chief Revenue Officer and a Person Discharging Management Responsibility, purchased 96,390 ordinary shares on the London Stock Exchange on March 5, 2026, at a price of 5.18 pence per share, for a total of £4,993.00. This transaction increases his resultant holding to 296,390 shares, representing 0.14% of the company's voting rights.

Disclaimer*

Cordel Group PLC
05 March 2026
 

5 March 2026

Cordel Group PLC

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

 

Purchase of Shares by PDMR

 

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces that the following Person Discharging Management Responsibility, on 5 March 2026, purchased on-market 96,390 Cordel ordinary shares of £0.01 each ("Ordinary Shares") at a price of 5.18 pence per Ordinary Share:

 

PDMR

Shares acquired

Resultant holding

Percentage of the Company's voting rights

Michael Turner

            96,390

       296,390

0.14%

 

 

Enquiries:

 

Cordel Group PLC

c/o Cavendish

Ian Buddery, Chairman

John Davis, Chief Executive Officer


 

Cavendish Capital Markets Limited, Broker

 

+44 (0)20 7220 0500

Marc Milmo

Sunila de Silva (Corporate Broking)

 

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

Michael Turner

2

Reason for the notification

a)

Position/status

PDMR - Chief Revenue 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)




5.18p

96,390







d)

Aggregated information

 

Aggregated volume

Price

Aggregate total

 

 

  96,390

  5.18p

£4993.00

 

e)

Date of the transaction

5 March 2026

f)

Place of the transaction

London Stock Exchange

 

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END
 
 
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