Cordel Group PLC Purchase of Shares by PDMR (3936S)
November 03 2023 - 11:44AM
UK Regulatory
TIDMCRDL
RNS Number : 3936S
Cordel Group PLC
03 November 2023
3rd November 202 3
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 Michael
Turner, a Person Discharging Management Responsibility (PDMR) of
the Company, on 2nd November 2023, purchased on-market 100,000
Cordel ordinary Shares of GBP0.01 each ("Ordinary Shares") at a
price of 4.124 pence per Ordinary Share:
Percentage of
Shares Resultant the Company's voting
Name acquired holding rights
Michael Turner 100,000 200,000 0.1%
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 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:
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Michael Turner
----------------------------------- ----------------------------------------------
Reason for the notification
2
-----------------------------------------------------------------------------------
a) Position/status PDMR - Chief Revenue Officer
----------------------------------- ----------------------------------------------
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)
------------------ -----------------------
4.124p 100,000
------------------ -----------------------
d) Aggregated information n/a
Aggregated volume
Price
Aggregate total
e) Date of the transaction 2nd November 2023
f) Place of the transaction London Stock Exchange
----------------------------------- ----------------------------------------------
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END
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