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:
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PDMR |
Shares acquired |
Resultant holding |
Percentage of the Company's voting rights |
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Michael Turner |
96,390 |
296,390 |
0.14% |
Enquiries:
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Cordel Group PLC |
c/o Cavendish |
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Ian Buddery, Chairman John Davis, Chief Executive Officer |
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Cavendish Capital Markets Limited, Broker |
+44 (0)20 7220 0500 |
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Marc Milmo Sunila de Silva (Corporate Broking)
Strand Hanson Limited, Nominated Adviser Richard Johnson / James Bellman |
+44 (0)20 7409 3494
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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:
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Michael Turner |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR - Chief Revenue Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Cordel Group plc |
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b) |
LEI |
213800ZUBMOCVHSSJC14 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
ordinary shares of £0.01 nominal value each ISIN: GB00BYZQM590 |
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b) |
Nature of the transaction |
Purchase of shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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5.18p |
96,390 |
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d) |
Aggregated information
Aggregated volume Price Aggregate total |
96,390 5.18p £4993.00
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e) |
Date of the transaction |
5 March 2026 |
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f) |
Place of the transaction |
London Stock Exchange |
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