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On 29 January 2024, Marks Electrical Group plc announced that Chief Financial Officer Josh Egan acquired 15,000 ordinary shares on 25 January 2024. The shares were purchased at 75 pence each, bringing Egan's total beneficial interest to 141,000 ordinary shares in the company.
| Date | 29 Jan 2024 |
| Time | 07:00:17 |
| Category | Director/PDMR dealings |
| ID | 1301B |
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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.
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1 |
Details of the person discharging managerial responsibilities |
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a) |
Name |
Josh Egan |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR (Chief Financial Officer) |
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b) |
Initial notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Marks Electrical Group plc |
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b) |
LEI |
2138007KN8TKPIXIQE92 |
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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 |
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a) |
Description of the financial instrument |
Ordinary shares of 1 pence each |
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b) |
Identification code of the Financial Instrument |
ISIN: GB00BM8Q5G47 |
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c) |
Nature of the transaction |
Purchase of Ordinary shares |
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d) |
Price(s) and volume(s) |
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e) |
Aggregated information: volume, Price |
Single Transaction |
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f) |
Date of the transaction |
25 January 2024 |
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g) |
Place of the transaction |
London Stock Exchange |
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Enquiries:
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Marks Electrical Group plc Mark Smithson, CEO Josh Egan, CFO |
Via Dentons Global Advisors
Tel: +44 (0) 20 7664 5095 |
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Dentons Global Advisors (Financial PR) Jonathon Brill / James Styles / Nishad Sanzagiri |
Tel: +44 (0) 20 7664 5095 |
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Canaccord Genuity (NOMAD and Broker) Max Hartley / George Grainger |
Tel: +44 (0) 207 523 8000 |
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