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REG - Tekmar Group PLC - Director Share Purchase

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RNS Number : 8593U  Tekmar Group PLC  28 January 2025

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR. Upon the publication of this announcement via a Regulatory Information
Service, this inside information is considered to be in the public domain.

 

Tekmar Group plc

("Tekmar", the "Company" or the "Group")

Director Share Purchase

 

Tekmar Group plc (AIM: TGP), the leading provider of technology and services
for the global offshore energy markets, announces that on 27 January 2025,
Richard Turner, CEO and a Director of the Company, purchased a total of
799,313 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at
the price of 7.5 pence per share.

 

Following this transaction, Richard Turner holds a total of 799,313 Ordinary
Shares, representing 0.58% of the current issued share capital.

 

This announcement is made pursuant to the Company's obligations under Article
19 of the UK Market Abuse Regulation.

 

Enquiries:

 

 Tekmar Group Plc                                              c/o +44 (0)20 4582 3500
 Richard Turner, CEO

 Leanne Wilkinson, CFO

 Cavendish Capital Markets Limited (Nomad and Broker)          +44 (0)131 220 9772
 Peter Lynch

                                                             +44 (0)131 220 9771
 Neil McDonald

                                                             +44 (0)131 220 9775
 Pearl Kellie

 Gracechurch Group (Financial Media & Investor Relations)      +44 (0)20 4582 3500

 Murdo Montgomery

 Heather Armstrong

 

About Tekmar Group plc

 

Tekmar Group plc collaborates with its partners to deliver robust and
sustainable engineering led solutions that enable the world's energy
transition.

 

Through our Offshore Energy and Marine Civils Divisions we provide a range of
engineering services and technologies to support and protect offshore wind
farms and other offshore energy assets and marine infrastructure. With near 40
years of experience, we optimise and de-risk projects, solve customer's
engineering challenges, improve safety and lower project costs. Our
capabilities include geotechnical design and analysis, simulation and
engineering analysis, bespoke equipment design and build, subsea protection
technology and subsea stability technology.

 

We have a clear strategy focused on strengthening Tekmar's value proposition
as an engineering solutions-led business which offers integrated and
differentiated technology, services and products to our global customer base.

 

Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global
reach with offices, manufacturing facilities, strategic supply partnerships
and representation in 18 locations across Europe, Africa, the Middle East,
Asia Pacific and North America.

 

For more information visit: www.tekmargroup.com (http://www.tekmargroup.com/)

Subscribe to further news from Tekmar Group at Group News
(http://eepurl.com/cN91l5) .

 

PDMR Notification

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Richard Turner

 2    Reason for the notification

 a)   Position/status                                              CEO and Director of Tekmar Group plc

 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         Tekmar Group plc

 b)   LEI                                                          213800839UQKQTV33E71

 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 £0.01 each

      Identification code                                          GB00BDFGGK53

 b)   Nature of the transaction                                    Purchase of Shares in Company

 c)   Price(s) and volume(s)

                                                                                   Price(s)        Volume(s)
                                                                                   7.5p            799,313

 d)   Aggregated information                                                       N/A - Single transaction

 e)   Date of the transaction                                      27 January 2025

 f)   Place of the transaction                                     AIM, London Stock Exchange

 

 

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