Director Share Purchase

Tekmar Group PLC

28 January 2025

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information is considered to be in the public domain.

Tekmar Group plc

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

Director Share Purchase

Tekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, announces that on 27 January 2025, Richard Turner, CEO and a Director of the Company, purchased a total of 799,313 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at the price of 7.5 pence per share.

Following this transaction, Richard Turner holds a total of 799,313 Ordinary Shares, representing 0.58% of the current issued share capital.

This announcement is made pursuant to the Company's obligations under Article 19 of the UK Market Abuse Regulation.

Enquiries:

Tekmar Group Plc Richard Turner, CEO Leanne Wilkinson, CFO	c/o [phone]
Cavendish Capital Markets Limited (Nomad and Broker) Peter Lynch Neil McDonald Pearl Kellie	[phone] [phone] [phone]
Gracechurch Group (Financial Media & Investor Relations) Murdo Montgomery Heather Armstrong	[phone]

About Tekmar Group plc

Tekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world's energy transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer's engineering challenges, improve safety and lower project costs. Our capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology. 

We have a clear strategy focused on strengthening Tekmar's value proposition as an engineering solutions-led business which offers integrated and differentiated technology, services and products to our global customer base.

Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global reach with offices, manufacturing facilities, strategic supply partnerships and representation in 18 locations across Europe, Africa, the Middle East, Asia Pacific and North America.

For more information visit: www.tekmargroup.com

Subscribe to further news from Tekmar Group at Group News.

PDMR Notification

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Turner
2	Reason for the notification
a)	Position/status	CEO and Director of Tekmar Group plc
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Tekmar Group plc
b)	LEI	213800839UQKQTV33E71
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 of £0.01 each
	Identification code	GB00BDFGGK53
b)	Nature of the transaction	Purchase of Shares in Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			7.5p	799,313
d)	Aggregated information		N/A - Single transaction
e)	Date of the transaction	27 January 2025
f)	Place of the transaction	AIM, London Stock Exchange

 

END