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Purchase of Shares by PDMR

RNS Number : 5122V

Cordel Group PLC

05 March 2026

 

5 March 2026

Cordel Group PLC

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

 

Purchase of Shares by PDMR

 

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces that the following Person Discharging Management Responsibility, on 5 March 2026, purchased on-market 96,390 Cordel ordinary shares of £0.01 each ("Ordinary Shares") at a price of 5.18 pence per Ordinary Share:

 

PDMRShares acquiredResultant holdingPercentage of the Company's voting rights
Michael Turner96,390296,3900.14%
    Enquiries:  
Cordel Group PLCc/o Cavendish
Ian Buddery, Chairman
John Davis, Chief Executive Officer
Cavendish Capital Markets Limited, Broker+44 (0)20 7220 0500
Marc Milmo
Sunila de Silva (Corporate Broking)
Strand Hanson Limited, Nominated Adviser
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: Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them 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)NameMichael Turner
2Reason for the notification
a)Position/statusPDMR - Chief Revenue Officer
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 transactionPurchase of shares
c)Price(s) and volume(s)
Price(s)Volume(s)
5.18p96,390
d)Aggregated information
Aggregated volume
Price
Aggregate total
96,390
5.18p
£4993.00
e)Date of the transaction5 March 2026
f)Place of the transactionLondon Stock Exchange
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