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Purchase of Shares by Director

RNS Number : 8943Y

Cordel Group PLC

11 September 2025

 

11 September 2025

Cordel Group PLC

("Cordel" or the "Company" or the "Group")

 

Purchase of Shares by Director

 

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces that the following director, on 9 September 2025, acquired 290,000 Cordel ordinary Shares of £0.01 each ("Shares") at a price of 5.75 pence per Share:

 

DirectorShares acquiredResultant holdingPercentage of the Company's voting rights
Jonathan Macleod290,0002,176,1181.00%
  The purchase was made on-market, in the name of Macleod Hobson Investments Pty Ltd.   Enquiries:  
Cordel Group PLCc/o Cavendish Capital Markets Limited
Ian Buddery, Chairman
John Davis, CEO
Cavendish Capital Markets Limited, Broker+44 (0)20 3829 5000
Marc Milmo (Corporate Finance)
Sunila de Silva (Corporate Broking)
Strand Hanson Limited, Nominated Advisor
Richard Johnson / James Bellman
+44 (0) 207409 3494
  About Cordel Cordel produces specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms. Further information on the Company is available at: www.cordel.ai   PDMR Notification Form: The notification below is made in accordance with the requirements of the Market Abuse Regulation:
1Details of the person discharging managerial responsibilities / person closely associated
a)NameJonathan Macleod
2Reason for the notification
a)Position/statusNon-executive director
b)Initial notification /AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a)NameCordel Group plc
b)LEI213800ZUBMOCVHSSJC14
4Details 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 £0.01 nominal value each
ISIN: GB00BYZQM590
b)Nature of the transactionMarket purchase
c)Price(s) and volume(s)
Price(s)Volume(s)
5.75p290,000
d)Aggregated informationN/a - single transaction
e)Date of the transaction09 September 2025
f)Place of the transactionLondon Stock Exchange
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