Cordel Group PLC Purchase of Shares by Director (9383E)
July 05 2023 - 1:00AM
UK Regulatory
TIDMCRDL
RNS Number : 9383E
Cordel Group PLC
05 July 2023
5 July 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 the
following director, on 30 June 2023, purchased on-market 490,000
Cordel ordinary shares of GBP0.01 each ("Ordinary Shares") at a
price of 7 pence per Ordinary Share:
Percentage of
Shares Resultant the Company's voting
Director acquired holding rights
Ian Buddery 490,000 9,473,476 4.75%
As a result of this purchase, the aggregate holding of the
Concert Party (as described in the Company's circular dated 15
October 2019) remains unchanged at 76,073,475 Ordinary Shares,
representing approximately 38.13% of the Company's issued share
capital.
Enquiries:
Cordel Group PLC c/o Zeus
Ian Buddery, Chairman
John Davis, Chief Executive Officer
Zeus Capital Limited Broker
Simon Johnson / Alexandra Campbell-Harris +44 (0)20 3829 5000
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:
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Ian James Buddery
----------------------------------- ----------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------
a) Position/status PDMR - Chairman
----------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- ----------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------
a) Name Cordel Group plc
----------------------------------- ----------------------------------------------
b) LEI 213800ZUBMOCVHSSJC14
----------------------------------- ----------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 ordinary shares of GBP0.01 nominal value
financial instrument, each
type of instrument ISIN: GB00BYZQM590
Identification code
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
------------------ -----------------------
Price(s) Volume(s)
------------------ -----------------------
7p 490,000
------------------ -----------------------
d) Aggregated information
Aggregated volume 490,000
Price 7p
Aggregate total GBP34,300
e) Date of the transaction 30 June 2023
f) Place of the transaction London Stock Exchange
----------------------------------- ----------------------------------------------
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END
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