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REG - Northcoders Group - Grant of Options

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RNS Number : 7232C  Northcoders Group PLC  14 June 2023

14 June 2023

 

Northcoders Group PLC

('Northcoders' or the 'Company')

 

Grant of Options

 

Northcoders (AIM:CODE), an independent provider of training programmes for
software coding, announces that it has today granted options over, in
aggregated 150,000 Ordinary shares of a penny each in the capital of the
Company ("Ordinary Shares") under the Company's EMI Share option plan, at an
exercise price of 248 pence. This grant of options represents 2.0% of the
Company's issued share capital.

 

The following Director and PDMR of the Company have been granted options under
the Company's EMI Share Option plan:

 

 Name             Title  Number of options grated
 Charlotte Prior  CFO    100,000
 Samuel Caine     PDMR   50,000

 

These options will become exercisable following the third anniversary of the
grant of options, being 14 June 2026.

 

Set out below are the notifications made in accordance with Article 19 of the
UK Market Abuse Regulation.

 

 

 For further enquiries:

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

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

 

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

Duncan Vasey

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

 

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

Duncan Vasey

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

 

Notes to Editors

 

Northcoders is a market leading provider of technology training for businesses
and individuals with courses in, Software Engineering, Data Engineering and
Platform Engineering.  Founded in 2015, the Group's 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 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 help them to achieve their digital requirements, with
teams as a service and to supply innovative solutions for the upskilling and
reskilling of employees. 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 at all levels, from
businesses and public agencies.

 

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

 

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                                                         Charlotte Prior

 2    Reason for the notification

 a)   Position/status                                              Director - CFO

 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                                    Grant of Options under the Company's EMI Share option plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   248p      100,000

 d)   Aggregated information

      Aggregated volume                                            100,000

      Aggregated price                                             £248,000

 e)   Date of the transaction                                      14 June 2023

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

100,000

 

£248,000

 

 

e)

 

Date of the transaction

 

14 June 2023

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Samuel Caine

 2    Reason for the notification

 a)   Position/status                                              PDMR

 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                                    Grant of Options under the Company's EMI Share option plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   248p      50,000

 d)   Aggregated information

      Aggregated volume                                             50,000

      Aggregated price                                             £124,000

 e)   Date of the transaction                                      14 June 2023

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

 50,000

 

£124,000

 

e)

 

Date of the transaction

 

14 June 2023

f)

 

Place of the transaction

 

Outside a trading venue

 

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