Marks Electrical Group plc Director/PDMR Shareholding
January 29 2024 - 2:00AM
RNS Regulatory News
RNS Number : 1301B
Marks Electrical Group plc
29 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 Josh Egan, Chief
Financial Officer of the Group, acquired 15,000 ordinary shares of
1 pence each in the Company for a price of 75 pence per share.
Following the purchase, Josh Egan has a beneficial interest in an
aggregate of 141,000* ordinary shares in the Company.
*
1,000 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
|
|
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
|
Purchase of Ordinary
shares
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
GBP 0.75
|
15,000
|
|
|
e)
|
Aggregated information: volume,
Price
|
Single Transaction
|
|
f)
|
Date of the transaction
|
25 January 2024
|
|
g)
|
Place of the transaction
|
London Stock Exchange
|
Enquiries:
|
Marks Electrical Group
plc
Mark Smithson, CEO
Josh Egan,
CFO
|
Via Dentons Global
Advisors
Tel: +44 (0) 20 7664 5095
|
|
|
|
|
|
|
Dentons Global Advisors (Financial
PR)
Jonathon Brill / James Styles /
Nishad Sanzagiri
|
Tel: +44 (0) 20 7664 5095
markselectrical@dentonsglobaladvisors.com
|
|
|
|
|
|
|
Canaccord Genuity (NOMAD and
Broker)
Max Hartley / George
Grainger
|
Tel: +44 (0) 207 523
8000
|
|
|
|
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END
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