Marks Electrical Group plc Director/PDMR Shareholding

RNS Number : 7613V

Marks Electrical Group plc

10 July 2024

 

 

 

10 July 2024

 

 

Marks Electrical Group plc

 

Director/PDMR Shareholdings

 

Notification of transactions by persons discharging managerial responsibilities ("PDMR")

 

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, sold 75,130 ordinary shares of 1 pence each in the Company ("Ordinary Share") at a price of 70 pence per Ordinary Share. Mr Egan also purchased 83,130 Ordinary Shares of 1 pence each at a price of 70.05 pence per Ordinary Share. Following the sales and purchase, Josh Egan's beneficial interest in the Company has increased from 142,000* Ordinary Shares to an aggregate of 150,000* Ordinary Shares.

* 2,000 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 / person closely associated ("PCA")
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	Sale and purchase of Ordinary Shares
d)	Price(s) and volume(s)	Transaction Price(s) Volume(s) Shares sold £0.7000 61,279 Shares sold £0.7000 13,851 Shares purchased £0.7005 83,130
e)	Aggregated information:  volume, Price
f)	Date of the transaction	09 July 2024
g)	Place of the transaction	London Stock Exchange

 

 

Enquiries:

Marks Electrical Group plc Mark Smithson, CEO Josh Egan, CFO	Via DGA Group   Tel: [phone]
DGA Group (Financial PR) Jonathon Brill / James Styles / Nishad Sanzagiri	Tel: [phone] [e-mail]
Canaccord Genuity (NOMAD and Broker) Max Hartley / George Grainger	Tel: [phone]

 

 

 

 

 

 

 

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