PDMR dealings

Huddled Group PLC

28 October 2024

 

28 October 2024

Huddled Group plc

("Huddled", the "Company" or the "Group")

PDMR dealings

Huddled Group plc (AIM:HUD), the circular economy e-commerce business, announces that it was notified on 28 October 2024 of the following PDMR dealings.

David Marks, Director of the Company at the time, and Lanton Investments Limited, a company jointly-owned by David Marks and his spouse, Jacqueline Marks, sold 7,255,487 and 7,231,692 Ordinary Shares respectively at a price of approximately 2.76 pence per Ordinary Share¹ (together, the "Share Sales"). The Share Sales represent approximately 4.5% of the Company's Enlarged Share Capital. Following the Share Sales, David Marks will no longer hold any interests in the Company's Ordinary Shares.

M Capital Investment Properties Limited ("MCIP"), a company wholly-owned by Martin Higginson, and separately, Dan Wortley, have purchased 3,729,885 and 797,359 Ordinary Shares in the Company respectively at a price of approximately 2.76 pence per Ordinary Share.

MCIP, a company wholly-owned by Martin Higginson, acquired 21,979,360 Ordinary Shares from Martin Higginson and 5,687,686 from Samuel Higginson, Group Brand Director, at a price of 2.76 pence per Ordinary Share.

Following these transactions, Martin Higginson now has a total beneficial interest of 51,724,471 Ordinary Shares which represents 16.10% of the Enlarged Share Capital of the Company.

Defined terms within this announcement hold the same definition as the Company's announcement released at 0700 on 28 October 2024.

1ordinary shares of 0.040108663 pence each in the Company ("Ordinary Shares")

Contacts:

 Enquiries:

For further information please visit www.huddled.com/investors, or contact:

Huddled Group plc Martin Higginson Daniel Wortley	[e-mail]
Zeus (Nominated Adviser and Sole Broker) Nick Cowles, James Hornigold, Alex Campbell-Harris Dominic King	Tel + 44 (0) 203 829 5000 (Investment Banking) (Corporate Broking)
Alma Strategic Communications (Financial PR) Rebecca Sanders-Hewett Sam Modlin Kieran Breheny	[e-mail]

1	Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)	Name	1.   David Marks 2.   Lanton Investments Limited
2	Reason for the notification
a)	Position/status	David Marks, Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Huddled Group plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663 pence Identification code (ISIN) for Huddled Group plc ordinary shares: GB00BD5JRP64
b)	Nature of the transaction	Disposal of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   2.76 pence 2.   2.76 pence 1.   7,255,487 2.   7,231,692
d)	Aggregated information - Aggregated volume - Price	14,487,179 2.76 pence
e)	Date of the transaction	28 October 2024
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)	Name	M Capital Investment Properties Limited
2	Reason for the notification
a)	Position/status	PCA of Martin Higginson
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Huddled Group plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663 pence Identification code (ISIN) for Huddled Group plc ordinary shares: GB00BD5JRP64
b)	Nature of the transaction	Acquisition of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   2.76 pence 2.   2.76 pence 3.   2.76 pence 1.   3,729,885 2.   21,979,360 3.   5,687,686
d)	Aggregated information - Aggregated volume - Price	31,396,931 2.76 pence
e)	Date of the transaction	28 October 2024
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)	Name	Dan Wortley
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	Huddled Group plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663 pence Identification code (ISIN) for Huddled Group plc ordinary shares: GB00BD5JRP64
b)	Nature of the transaction	Acquisition of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2.76 pence 797,359
d)	Aggregated information - Aggregated volume - Price	N.A single transaction
e)	Date of the transaction	28 October 2024
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)	Name	Martin Higginson
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	Huddled Group plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663 pence Identification code (ISIN) for Huddled Group plc ordinary shares: GB00BD5JRP64
b)	Nature of the transaction	Disposal of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2.76 pence 21,979,360
d)	Aggregated information - Aggregated volume - Price	N.A single transaction
e)	Date of the transaction	28 October 2024
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated (PCA)
a)	Name	Samuel Higginson
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Huddled Group plc
b)	LEI	894500TW3TTWSJ7DYP93
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 0.040108663 pence Identification code (ISIN) for Huddled Group plc ordinary shares: GB00BD5JRP64
b)	Nature of the transaction	Disposal of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2.76 pence 5,687,686
d)	Aggregated information - Aggregated volume - Price	N.A single transaction
e)	Date of the transaction	28 October 2024
f)	Place of the transaction	AIMX

 

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