Director/PDMR Shareholding

Marks Electrical Group plc

10 January 2024

 

10 January 2024

Marks Electrical Group plc

Director/PDMR Shareholdings

Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them

Marks Electrical Group plc ("Marks Electrical", "the Company" or "the Group"), a fast-growing online electrical retailer, today announces that Josh Egan, Chief Financial Officer of the Group, acquired 30,000 ordinary shares of 1 pence each in the Company for a price of 69 pence per share. Following the purchase, Josh Egan has a beneficial interest in an aggregate of 126,000* ordinary shares in the Company.

* 1,000 ordinary shares are held by Mariam Egan.

The Notification of Dealing Form is set out below.

The following transaction has been notified to the Company pursuant to Article 19.1(a) of the UK Market Abuse Regulation ("MAR"). This notification is issued in accordance with Article 19.3 of MAR.

1	Details of the person discharging managerial responsibilities
a)	Name	Josh Egan
2	Reason for the notification
a)	Position/status	PDMR (Chief Financial Officer)
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Marks Electrical Group plc
b)	LEI	2138007KN8TKPIXIQE92
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	Ordinary shares of 1 pence each
b)	Identification code of the Financial Instrument	ISIN: GB00BM8Q5G47
c)	Nature of the transaction	Purchase of Ordinary shares
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.69 30,000
e)	Aggregated information:  volume, Price	Single Transaction
f)	Date of the transaction	10 January 2024
g)	Place of the transaction	London Stock Exchange

Enquiries:

Marks Electrical Group plc Mark Smithson, CEO Josh Egan, CFO	Via Dentons Global Advisors Tel: [phone]
Dentons Global Advisors (Financial PR) Jonathon Brill / James Styles / Nishad Sanzagiri	Tel: [phone] [e-mail]
Canaccord Genuity (NOMAD and Broker) Max Hartley / George Grainger	Tel: [phone]

 

END