Purchase of Shares by PDMR

Cordel Group PLC

07 November 2023

 

7th November 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 John Davis, Chief Executive Officer, on 6th November 2023, purchased on-market 100,000 Cordel ordinary Shares of £0.01 each ("Ordinary Shares") at a price of 4.8 pence per Ordinary Share:

Director	Shares acquired	Resultant holding	Percentage of the Company's voting rights
John Davis	100,000	750,000	0.4%

Enquiries:

Cordel Group PLC	c/o Zeus Capital
Ian Buddery, Chairman John Davis, CEO
Zeus Capital Broker	[phone]
Simon Johnson Strand Hanson Limited Nominated Adviser 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	John Davis
2	Reason for the notification
a)	Position/status	Director - Chief Executive 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)
			4.8p	100,000
d)	Aggregated information Aggregated volume Price Aggregate total	n/a
e)	Date of the transaction	6th November 2023
f)	Place of the transaction	London Stock Exchange

 

END