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RNS Number : 7613V Marks Electrical Group plc 10 July 2024
10 July 2024
Marks Electrical Group plc
Director/PDMR Shareholdings
Notification of transactions by persons discharging managerial
responsibilities ("PDMR")
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, sold 75,130 ordinary shares of 1 pence
each in the Company ("Ordinary Share") at a price of 70 pence per Ordinary
Share. Mr Egan also purchased 83,130 Ordinary Shares of 1 pence each at a
price of 70.05 pence per Ordinary Share. Following the sales and purchase,
Josh Egan's beneficial interest in the Company has increased from 142,000*
Ordinary Shares to an aggregate of 150,000* Ordinary Shares.
* 2,000 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 / person closely
associated ("PCA")
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 Sale and purchase of Ordinary Shares
d) Price(s) and volume(s)
Transaction Price(s) Volume(s)
Shares sold £0.7000 61,279
Shares sold £0.7000 13,851
Shares purchased £0.7005 83,130
e) Aggregated information: volume, Price
f) Date of the transaction 09 July 2024
g) Place of the transaction London Stock Exchange
e)
Aggregated information: volume, Price
f)
Date of the transaction
09 July 2024
g)
Place of the transaction
London Stock Exchange
Enquiries:
Marks Electrical Group plc Via DGA Group
Mark Smithson, CEO
Josh Egan, CFO Tel: +44 (0) 20 7664 5095
DGA Group (Financial PR) Tel: +44 (0) 20 7664 5095
Jonathon Brill / James Styles / Nishad Sanzagiri markselectrical@dgagroup.com (mailto:markselectrical@dgagroup.com)
Canaccord Genuity (NOMAD and Broker) Tel: +44 (0) 207 523 8000
Max Hartley / George Grainger
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