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REG - Huddled Group PLC - PDMR dealings

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RNS Number : 8959J  Huddled Group PLC  28 October 2024

28 October 2024

Huddled Group plc

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

PDMR dealings

Huddled Group plc (AIM:HUD), the circular economy e-commerce business,
announces that it was notified on 28 October 2024 of the following PDMR
dealings.

David Marks, Director of the Company at the time, and Lanton Investments
Limited, a company jointly-owned by David Marks and his spouse, Jacqueline
Marks, sold 7,255,487 and 7,231,692 Ordinary Shares respectively at a price of
approximately 2.76 pence per Ordinary Share(1) (together, the "Share Sales").
The Share Sales represent approximately 4.5% of the Company's Enlarged Share
Capital. Following the Share Sales, David Marks will no longer hold any
interests in the Company's Ordinary Shares.

M Capital Investment Properties Limited ("MCIP"), a company wholly-owned by
Martin Higginson, and separately, Dan Wortley, have purchased 3,729,885 and
797,359 Ordinary Shares in the Company respectively at a price of
approximately 2.76 pence per Ordinary Share.

MCIP, a company wholly-owned by Martin Higginson, acquired 21,979,360 Ordinary
Shares from Martin Higginson and 5,687,686 from Samuel Higginson, Group Brand
Director, at a price of 2.76 pence per Ordinary Share.

Following these transactions, Martin Higginson now has a total beneficial
interest of 51,724,471 Ordinary Shares which represents 16.10% of the Enlarged
Share Capital of the Company.

Defined terms within this announcement hold the same definition as the
Company's announcement released at 0700 on 28 October 2024.

1ordinary shares of 0.040108663 pence each in the Company ("Ordinary Shares")

Contacts:

 Enquiries:

For further information please visit www.huddled.com/investors, or contact:

 

 Huddled Group plc                                    investors@huddled.com

 Martin Higginson

 Daniel Wortley

 Zeus (Nominated Adviser and Sole Broker)             Tel + 44 (0) 203 829 5000

 Nick Cowles, James Hornigold, Alex Campbell-Harris   (Investment Banking)

 Dominic King                                         (Corporate Broking)

 Alma Strategic Communications (Financial PR)         huddled@almastrategic.com

 Rebecca Sanders-Hewett

 Sam Modlin

 Kieran Breheny

 

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated (PCA)
 a)    Name                                                         1.   David Marks

                                                                    2.   Lanton Investments Limited
 2     Reason for the notification
 a)    Position/status                                              David Marks, Director
 b)    Initial notification /Amendment                              Initial notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Huddled Group plc
 b)    LEI                                                          894500TW3TTWSJ7DYP93
 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 0.040108663 pence

       Identification code

                                                                    Identification code (ISIN) for Huddled Group plc ordinary
                                                                    shares: GB00BD5JRP64

 b)    Nature of the transaction                                    Disposal of ordinary shares
 c)    Price(s) and volume(s)                                       Price(s)            Volume(s)
                                                                    1.   2.76 pence     1.   7,255,487

                                                                    2.   2.76 pence     2.   7,231,692

 
 d)    Aggregated information

                                                                    14,487,179

       - Aggregated volume                                          2.76 pence

       - Price
 e)    Date of the transaction                                      28 October 2024
 f)    Place of the transaction                                     AIMX

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

14,487,179

2.76 pence

e)

Date of the transaction

28 October 2024

f)

Place of the transaction

AIMX

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated (PCA)
 a)    Name                                                         M Capital Investment Properties Limited
 2     Reason for the notification
 a)    Position/status                                              PCA of Martin Higginson
 b)    Initial notification /Amendment                              Initial notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Huddled Group plc
 b)    LEI                                                          894500TW3TTWSJ7DYP93
 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 0.040108663 pence

       Identification code                                          Identification code (ISIN) for Huddled Group plc ordinary
                                                                    shares: GB00BD5JRP64

 b)    Nature of the transaction                                    Acquisition of ordinary shares
 c)    Price(s) and volume(s)                                       Price(s)            Volume(s)
                                                                    1.   2.76 pence     1.   3,729,885

                                                                    2.   2.76 pence     2.   21,979,360

                                                                    3.   2.76 pence     3.   5,687,686

 
 d)    Aggregated information

                                                                    31,396,931

       - Aggregated volume                                          2.76 pence

       - Price
 e)    Date of the transaction                                      28 October 2024
 f)    Place of the transaction                                     AIMX

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

31,396,931

2.76 pence

e)

Date of the transaction

28 October 2024

f)

Place of the transaction

AIMX

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated (PCA)
 a)    Name                                                         Dan Wortley
 2     Reason for the notification
 a)    Position/status                                              Director
 b)    Initial notification /Amendment                              Initial notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Huddled Group plc
 b)    LEI                                                          894500TW3TTWSJ7DYP93
 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 0.040108663 pence

       Identification code                                          Identification code (ISIN) for Huddled Group plc ordinary
                                                                    shares: GB00BD5JRP64

 b)    Nature of the transaction                                    Acquisition of ordinary shares
 c)    Price(s) and volume(s)                                       Price(s)     Volume(s)

                                                                    2.76 pence   797,359

 
 d)    Aggregated information

                                                                    N.A single transaction

       - Aggregated volume

       - Price
 e)    Date of the transaction                                      28 October 2024
 f)    Place of the transaction                                     AIMX

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

N.A single transaction

e)

Date of the transaction

28 October 2024

f)

Place of the transaction

AIMX

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated (PCA)
 a)    Name                                                         Martin Higginson
 2     Reason for the notification
 a)    Position/status                                              Director
 b)    Initial notification /Amendment                              Initial notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Huddled Group plc
 b)    LEI                                                          894500TW3TTWSJ7DYP93
 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 0.040108663 pence

       Identification code                                          Identification code (ISIN) for Huddled Group plc ordinary
                                                                    shares: GB00BD5JRP64

 b)    Nature of the transaction                                    Disposal of ordinary shares
 c)    Price(s) and volume(s)                                       Price(s)     Volume(s)

                                                                    2.76 pence   21,979,360

 
 d)    Aggregated information

                                                                    N.A single transaction

       - Aggregated volume

       - Price
 e)    Date of the transaction                                      28 October 2024
 f)    Place of the transaction                                     AIMX

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

N.A single transaction

e)

Date of the transaction

28 October 2024

f)

Place of the transaction

AIMX

 

  1    Details of the person discharging managerial responsibilities / person closely
       associated (PCA)
 a)    Name                                                         Samuel Higginson
 2     Reason for the notification
 a)    Position/status                                              PDMR
 b)    Initial notification /Amendment                              Initial notification
 3     Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                                         Huddled Group plc
 b)    LEI                                                          894500TW3TTWSJ7DYP93
 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 0.040108663 pence

       Identification code                                          Identification code (ISIN) for Huddled Group plc ordinary
                                                                    shares: GB00BD5JRP64

 b)    Nature of the transaction                                    Disposal of ordinary shares
 c)    Price(s) and volume(s)                                       Price(s)     Volume(s)

                                                                    2.76 pence   5,687,686

 
 d)    Aggregated information

                                                                    N.A single transaction

       - Aggregated volume

       - Price
 e)    Date of the transaction                                      28 October 2024
 f)    Place of the transaction                                     AIMX

 

d)

Aggregated information

 

- Aggregated volume

- Price

 

N.A single transaction

e)

Date of the transaction

28 October 2024

f)

Place of the transaction

AIMX

 

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