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REG - Marks Electrical Grp - Director/PDMR Shareholding

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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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