Director/PDMR Shareholding

CYKEL AI PLC

20 November 2024

 

20 November 2024

Cykel AI PLC

("Cykel" or the "Company")

Director/PDMR Transaction

The Company announces that it was notified on 19 November 2024, that Nicholas Lyth, director/person discharging managerial responsibility (PDMR) in the Company, has transferred 2,000,000 ordinary shares of £0.01 each in the Company (Ordinary Shares) at nil consideration to his adult son, who is not a person closely associated (PCA).

Following the transfer, Nicholas Lyth's resultant interest in Ordinary Shares is 4,688,500, representing 1.08% of Cykel's issued share capital.

This announcement, including the notification below, is made in accordance with the requirements of the UK Market Abuse Regulation.

For further information, please contact:

Cykel AI plc
Ewan Collinge	Via First Sentinel
First Sentinel (Financial Adviser)
Brian Stockbridge	[e-mail]   [phone]
Clear Capital Markets (Broker)
Bob Roberts	[phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Lyth
2.	Reason for the Notification
a)	Position/status	Finance Director
b)	Initial notification / Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Cykel AI PLC
b)	LEI	213800QEO6L6JAS62H02
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	Ordinary shares
	ISIN	GB00BJ9MHH56
b)	Nature of the transaction	Transfer of shares for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil value 2,000,000 Ordinary Shares
d)	Aggregated information: · Aggregated volume · Price	See 4 (c) above
e)	Date of the transaction	19 November 2024
f)	Place of the Transaction	Off market

 

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