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	[phone]
Ruari McGirr Strand Hanson Limited Nominated Advisor Richard Johnson / James Bellman	[phone]

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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