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Marks Electrical Grp (MRK)

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Friday 05 November, 2021

Marks Electrical Grp

Director/PDMR Shareholding

RNS Number : 5429R
Marks Electrical Group plc
05 November 2021
 

5 November 2021

Marks Electrical Group plc

(the "Company")

DIRECTOR/PDMR AND PCA DEALINGS

The Company confirms the following Director/PDMR and PCA dealings. Each of these transactions took place immediately upon Admission of the Company's shares to trading on AIM this morning and are as disclosed in the Company's Admission Document. This announcement is released for regulatory compliance only and does not contain new information from that set out in the Admission Document.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

1.  Josh Egan

2.  Marnie Millard

3.  David Wilkinson

2

Reason for the notification

a)

Position/Status:

 

Director

b)

Initial Notification/Amendment:

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

MARKS ELECTRICAL GROUP PLC

b)

LEI:

2138007KN8TKPIXIQE92

4.

Details of 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:

Identification code:

Ordinary Shares of 1 pence each

 

GB00BM8Q5G47

b)

Nature of the transaction:

 

Purchase of Ordinary Shares

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£1.10

1.  45,454

2.  18,181

3.  9,091

d)

Aggregated volume:

Price:

N/A

e)

Date of the Transaction:

5 November 2021

f)

Place of the Transaction:

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Mark Smithson

2

Reason for the notification

a)

Position/Status:

 

Director

b)

Initial Notification/Amendment:

Initial Notification

3

Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor

a)

Name:

MARKS ELECTRICAL GROUP PLC

b)

LEI:

2138007KN8TKPIXIQE92

4.

Details of 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:

Identification code:

Ordinary Shares of 1 pence each

 

GB00BM8Q5G47

b)

Nature of the transaction:

 

1.  Gifts of 2,000,000 Ordinary Shares to Family

2.  Sale of 22,727,273 Ordinary Shares in the Placing

c)

Price(s) and volume(s):

Price(s)

Volume(s)

1.  Nil

2.  £1.10

1.  2,000,000

2.  22,727,273

d)

Aggregated volume:

Price:

N/A

e)

Date of the Transaction:

5 November 2021

f)

Place of the Transaction:

Outside a trading venue

 

 

For further information, please contact:

Marks Electrical     via. Engine MHP

Mark Smithson, CEO  

Josh Egan, CFO

 

Panmure Gordon (UK) Limited (NOMAD and Broker) 

Oliver Cardigan, Ailsa Macmaster (Corporate Finance)  +44 (0) 20 7886 2500

Erik Anderson (Corporate Broking)

 

Engine MHP (Financial PR)  [email protected] 

Andrew Jaques  +44 (0) 203 128 8540 / +44 (0) 203 128 8549

Charlie Barker

Rachel Mann

Charles Hirst

 

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