REG - Marks Electrical Grp - Director/PDMR Shareholding

Marks ElectricalAnnouncement

05/11/2021 14:10

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)                                                          markselectrical@mhpc.com                       
Andrew Jaques                                                                                 +44 (0) 203 128 8540 / +44 (0) 203 128 8549
Charlie Barker
Rachel Mann
Charles Hirst
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHBSBDBRGGDGBU