REG - Northcoders Group - Director Dealings

NorthcodersAnnouncement

24/11/2022 15:30

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RNS Number : 5479H  Northcoders Group PLC  24 November 2022

24 November 2022

 

 

Northcoders Group plc

('Northcoders' or the 'Company')

 

Director Dealings

 

Northcoders (AIM:CODE), an independent provider of training programmes for
software coding, announces that that following the result of Placing,
Secondary Placing, Exercise of Options and Total Voting Rights announcement
released on 21 November 2022, in order to meet market demand and with the
permission of the Company's Nominated Adviser required pursuant to an
orderly-market agreement, the following dealings have been undertaken in
ordinary shares of 1p each in the capital of the Company ('Ordinary Shares')
by Chris Hill and Amul Batra, Chief Executive and Chief Operating Officer of
the Company, respectively.

 

On 24 November 2022, Mr Hill sold 19,588 Ordinary Shares at a price of 300
pence per share.  Following the transaction, Mr Hill remains beneficially
interested in 1,504,080 Ordinary Shares, representing 19.6 per cent. of the
Enlarged Share Capital.

 

On 24 November 2022, Mr Batra sold 19,587 Ordinary Shares at a price of 300
pence per share.  Following the transaction, Mr Batra remains beneficially
interested in 949,413 Ordinary Shares, representing 12.4 per cent. of the
Enlarged Share Capital.

 

Capitalised terms used but not defined in this announcement have the meanings
given to them in the Company's announcement released earlier today in respect
of the Placing unless the context provides otherwise.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Chris Hill

 2    Reason for the notification

 a)   Position/status                                              Director - CEO

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Northcoders Group plc

 b)   LEI                                                          9845020C4906942B7C18

 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 1p each

      Identification code

                                                                   GB00BL97B942

 b)   Nature of the transaction                                    Sale

 c)   Price(s) and volume(s)

Type  Price(s)  Volume(s)

                                                            Sale  300p      19,588

 d)   Aggregated information

      Aggregated volume                                            19,588

      Aggregated price                                             £58,764.00

 e)   Date of the transaction                                      24 November 2022

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

19,588

 

£58,764.00

 

e)

 

Date of the transaction

 

24 November 2022

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Amul Batra

 2    Reason for the notification

 a)   Position/status                                              Director - COO

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Northcoders Group plc

 b)   LEI                                                          9845020C4906942B7C18

 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 1p each

      Identification code

                                                                   GB00BL97B942

 b)   Nature of the transaction                                    Sale

 c)   Price(s) and volume(s)

Type  Price(s)  Volume(s)

                                                            Sale  300p      19,587

 d)   Aggregated information

      Aggregated volume                                            19,587

      Aggregated price                                             £58,761

 e)   Date of the transaction                                      24 November 2022

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

19,587

 

£58,761

 

e)

 

Date of the transaction

 

24 November 2022

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

- Ends -

 

For further enquiries:

 

 Northcoders Group plc                                      Via Buchanan
 Chris Hill, CEO                                            Tel: +44 (0) 20 7466 5000
 Charlotte Prior, CFO                                       www.northcodersgroup.com (http://www.northcodersgroup.com/)

 WH Ireland Limited (Nominated Adviser & Joint Broker)      Tel: +44 (0)20 7220 1666
 Mike Coe / Sarah Mather (Corporate Finance)
 Fraser Marshall (Corporate Broking)

 Peterhouse Capital Limited (Joint Broker)                  Tel+44 (0) 20 7496 0930
 Lucy Williams                                              www.peterhousecap.com (http://www.peterhousecap.com/)

 Duncan Vasey

 Buchanan Communications                                    Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham                                      northcoders@buchanan.uk.com (mailto:northcoders@buchanan.uk.com)
 Jamie Hooper
 George Cleary

 

Notes to Editors

Northcoders is a market leading provider of coding and software development
training for businesses and individuals.  Founded in 2015, its business model
operates a hybrid structure with a flagship site in Manchester and other sites
in Leeds, Birmingham and Newcastle supported by a proven digital offering to
support its students across the UK.

 

Powered by IP rich technology, Northcoders' coding school offers boot camp
courses to individuals from a range of backgrounds, delivered through virtual
and physical learning.  The Group also works with blue chip corporates across
multiple sectors to supply innovative EdTech solutions for the upskilling and
reskilling of employees, and is also a registered provider of
government-backed apprenticeships in the field.

 

With a keen focus of inclusivity, diversity and quality at its core,
Northcoders aims to address the digital skills gap in the UK to meet the
increasing demand for digital specialists from businesses and public agencies.
It operates in a significant and growing market with structural growth trends
further accelerated by Covid-19.

 

Northcoders was admitted to trading on AIM in July 2021 with the ticker
CODE.L.  For additional information please visit www.northcodersgroup.com
(http://www.northcodersgroup.com) .

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