Cordel Group PLC Directors' Dealings
14 November 2024 - 9:30AM
RNS Regulatory News
RNS Number : 2546M
Cordel Group PLC
14 November 2024
14 November 2024
Cordel Group
plc
("Cordel"
or the "Company" or the "Group")
Directors' Dealings - grant
of options and market purchase
Cordel Group PLC (AIM:
CRDL), the Artificial Intelligence platform for transport
corridor analytics, announces the grant of options to Ms
Natasha Dinneen, Chief Financial Officer ("CFO") and Director of
the Company, under the Company's employment share option plan
("ESOP"), as detailed below:
|
Date of grant
|
Name
|
Position
|
Options
|
Exercise price*
|
|
14.11.24
|
Ms Natasha Dinneen
|
CFO
|
300,000
|
7.5p
|
*
Cordel closing price on 13 November 2024
The options granted have a vesting
period of two years, subject to continued employment, and an
exercise period of ten years from vesting. Following this grant, Ms
Natasha Dinneen has 300,000 of outstanding options.
On 13 November 2024, John Davis,
CEO, purchased 71,367 ordinary shares of 1p each in the Company
("Ordinary Shares"). Following this transaction Mr Davis has a
holding of 821,367 Ordinary Shares.
Enquiries:
|
Cordel Group PLC
|
c/o Cavendish
|
|
Ian Buddery, Chairman
John Davis, Chief Executive
Officer
|
|
|
Cavendish Capital Markets Limited, Broker
|
+44 (0)20 7908 6000
|
|
|
Marc Milmo / Rory Sale (Corporate
Finance)
Sunila de Silva (ECM)
Strand Hanson Limited, Nominated Adviser
Richard Johnson / James
Bellman
|
+44 (0)20 7409 3494
|
|
|
|
|
| |
About Cordel
Cordel produces specialist hardware
and software for capturing, analysing and reporting on
large datasets within the transport sector, employing sophisticated
artificial intelligence algorithms.
Further information on the
Company is available at: www.cordel.ai
PDMR
Notification Form:
The notification below is made in
accordance with the requirements of the Market Abuse
Regulation:
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Natasha Dinneen
|
|
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
|
Cordel Group plc
|
|
b)
|
LEI
|
213800ZUBMOCVHSSJC14
|
|
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
Identification code
|
Ordinary shares of £0.01 nominal
value each
ISIN: GB00BYZQM590
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
7.5p
|
300,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/a - single transaction
|
|
e)
|
Date of the transaction
|
14 November 2024
|
|
f)
|
Place of the transaction
|
Off Exchange
|
|
1
|
Details of the person discharging managerial
responsibilities
|
|
a)
|
Name
|
John Davis
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director (CEO)
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer
or
auction monitor
|
|
a)
|
Name
|
Cordel Group plc
|
|
b)
|
LEI
|
213800ZUBMOCVHSSJC14
|
|
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
Identification code
|
Ordinary shares of £0.01 nominal
value each
ISIN: GB00BYZQM590
|
|
b)
|
Nature of the transaction
|
Market purchase
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
7.25p
|
71,367
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
n/a - single transaction
|
|
e)
|
Date of the transaction
|
13 November 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHVZLBFZFLFFBD
Cordel (LSE:CRDL)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Cordel (LSE:CRDL)
Historical Stock Chart
Von Dez 2023 bis Dez 2024
