REG - CYKEL AI PLC - Director/PDMR Shareholding

Cykel AIAnnouncement

20/11/2024 07:00

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RNS Number : 8733M  CYKEL AI PLC  20 November 2024

 

20 November 2024

 

Cykel AI PLC

("Cykel" or the "Company")

Director/PDMR Transaction

 

The Company announces that it was notified on 19 November 2024, that Nicholas
Lyth, director/person discharging managerial responsibility (PDMR) in the
Company, has transferred 2,000,000 ordinary shares of £0.01 each in the
Company (Ordinary Shares) at nil consideration to his adult son, who is not a
person closely associated (PCA).

 

Following the transfer, Nicholas Lyth's resultant interest in Ordinary Shares
is 4,688,500, representing 1.08% of Cykel's issued share capital.

 

This announcement, including the notification below, is made in accordance
with the requirements of the UK Market Abuse Regulation.

 

For further information, please contact:

 Cykel AI plc

 Ewan Collinge        Via First Sentinel

 First Sentinel (Financial Adviser)

 Brian Stockbridge    brian@first-sentinel.com (mailto:brian@first-sentinel.com)

  

                      +44 (0) 7858 888 007
 Clear Capital Markets (Broker)

 Bob Roberts          +44 (0) 20 3869 6080

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Nicholas Lyth
 2.  Reason for the Notification
 a)  Position/status                                              Finance Director
 b)  Initial notification / Amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Cykel AI PLC
 b)  LEI                                                          213800QEO6L6JAS62H02
 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
     ISIN                                                         GB00BJ9MHH56
 b)  Nature of the transaction                                    Transfer of shares for nil consideration
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  Nil value  2,000,000

                                                                        Ordinary Shares

 d)  Aggregated information:                                      See 4 (c) above

     · Aggregated volume

     · Price
 e)  Date of the transaction                                      19 November 2024
 f)  Place of the Transaction                                     Off market

d)

Aggregated information:

· Aggregated volume

· Price

See 4 (c) above

e)

Date of the transaction

19 November 2024

f)

Place of the Transaction

Off market

 

 

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