TIDMMRK

RNS Number : 3219Z

Marks Electrical Group plc

11 January 2024

 
   11 January 2024

Marks Electrical Group plc

Director/PDMR Shareholdings

Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them

Marks Electrical Group plc ("Marks Electrical", "the Company" or "the Group"), a fast-growing online electrical retailer, today announces that Marnie Millard, Chair of the Board, acquired 15,000 ordinary shares of 1 pence each in the Company for a price of 67 pence per share. Following the purchase, Marnie Millard holds an aggregate of 65,681 ordinary shares in the Company.

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 
 a)   Name                         Marnie Millard 
     ---------------------------  ----------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status              PDMR (Chair of the Board) 
     ---------------------------  ----------------------------------- 
 b)   Initial notification/        Initial notification 
       Amendment 
     ---------------------------  ----------------------------------- 
 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               Ordinary shares of 1 pence each 
       the financial 
       instrument 
     ---------------------------  ----------------------------------- 
 b)   Identification               ISIN: GB00BM8Q5G47 
       code of the Financial 
       Instrument 
     ---------------------------  ----------------------------------- 
 c)   Nature of the                Purchase of Ordinary shares 
       transaction 
     ---------------------------  ----------------------------------- 
 d)   Price(s) and                   Price(s)    Volume(s) 
       volume(s)                      GBP 0.67    15,000 
                                                 ---------- 
     ---------------------------  ----------------------------------- 
 e)   Aggregated information:      Single Transaction 
       volume, Price 
     ---------------------------  ----------------------------------- 
 f)   Date of the transaction      10 January 2024 
     ---------------------------  ----------------------------------- 
 g)   Place of the                 London Stock Exchange 
       transaction 
     ---------------------------  -----------------------------------

Enquiries:

 
 Marks Electrical Group plc               Via Dentons Global 
  Mark Smithson, CEO                       Advisors 
  J osh Egan, CFO 
                                           Tel: +44 (0) 20 
                                           7664 5095 
 
 Dentons Global Advisors (Financial PR)   Tel: +44 (0) 20 
  Jonathon Brill / James Styles / Fern     7664 5095 
  Duncan                                   markselectrical@dentonsglobaladvisors.com 
 
 Canaccord Genuity (NOMAD and Broker)     Tel: +44 (0) 207 523 80 00 
  Max Hartley / George Grainger

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END

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January 11, 2024 02:00 ET (07:00 GMT)

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