REG - Marks Electrical Grp - Director/PDMR Shareholding

Marks ElectricalAnnouncement

29/01/2024 07:00

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RNS Number : 1301B  Marks Electrical Group plc  29 January 2024

 

 

     29 January 2024

 

 

Marks Electrical Group plc

 

Director/PDMR Shareholdings

 

Notification of transactions by persons discharging managerial
responsibilities ("PDMR") and persons closely associated with them

 

Marks Electrical Group plc ("Marks Electrical", "the Company" or "the Group"),
a fast-growing online electrical retailer, today announces that Josh Egan,
Chief Financial Officer of the Group, acquired 15,000 ordinary shares of 1
pence each in the Company for a price of 75 pence per share. Following the
purchase, Josh Egan has a beneficial interest in an aggregate of 141,000*
ordinary shares in the Company.

 

* 1,000 ordinary shares are held by Mariam Egan.

 

The Notification of Dealing Form is set out below.

 

The following transaction has been notified to the Company pursuant to Article
19.1(a) of the UK Market Abuse Regulation ("MAR"). This notification is issued
in accordance with Article 19.3 of MAR.

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             Josh Egan
 2   Reason for the notification
 a)  Position/status                                  PDMR (Chief Financial Officer)
 b)  Initial notification/ Amendment                  Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                             Marks Electrical Group plc
 b)  LEI                                              2138007KN8TKPIXIQE92
 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          Ordinary shares of 1 pence each
 b)  Identification code of the Financial Instrument  ISIN: GB00BM8Q5G47
 c)  Nature of the transaction                        Purchase of Ordinary shares
 d)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                      GBP 0.75  15,000

 

 e)  Aggregated information:  volume, Price           Single Transaction
 f)  Date of the transaction                          25 January 2024
 g)  Place of the transaction                         London Stock Exchange

 

 

e)

Aggregated information:  volume, Price

Single Transaction

f)

Date of the transaction

25 January 2024

g)

Place of the transaction

London Stock Exchange

 

 

Enquiries:

 Marks Electrical Group plc                         Via Dentons Global Advisors

 Mark Smithson, CEO

 Josh Egan, CFO                                     Tel: +44 (0) 20 7664 5095

 Dentons Global Advisors (Financial PR)             Tel: +44 (0) 20 7664 5095

 Jonathon Brill / James Styles / Nishad Sanzagiri   markselectrical@dentonsglobaladvisors.com
                                                    (mailto:markselectrical@dentonsglobaladvisors.com)

 Canaccord Genuity (NOMAD and Broker)               Tel: +44 (0) 207 523 8000

 Max Hartley / George Grainger

 

 

 

 

 

 

 

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