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11 September 2025
Cordel Group PLC
("Cordel" or the "Company" or the "Group")
Purchase of Shares by Director
Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, announces that the following director, on 9 September 2025, acquired 290,000 Cordel ordinary Shares of £0.01 each ("Shares") at a price of 5.75 pence per Share:
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Director |
Shares acquired |
Resultant holding |
Percentage of the Company's voting rights |
|
Jonathan Macleod |
290,000 |
2,176,118 |
1.00% |
The purchase was made on-market, in the name of Macleod Hobson Investments Pty Ltd.
Enquiries:
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Cordel Group PLC |
c/o Cavendish Capital Markets Limited |
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Ian Buddery, Chairman John Davis, CEO |
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Cavendish Capital Markets Limited, Broker |
+44 (0)20 3829 5000 |
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Marc Milmo (Corporate Finance) Sunila de Silva (Corporate Broking) |
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Strand Hanson Limited, Nominated Advisor 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:
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jonathan Macleod |
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2 |
Reason for the notification |
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a) |
Position/status |
Non-executive director |
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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 |
Cordel Group plc |
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b) |
LEI |
213800ZUBMOCVHSSJC14 |
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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, type of instrument Identification code |
Ordinary shares of £0.01 nominal value each ISIN: GB00BYZQM590 |
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b) |
Nature of the transaction |
Market purchase |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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5.75p |
290,000 |
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d) |
Aggregated information |
N/a - single transaction |
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e) |
Date of the transaction |
09 September 2025 |
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f) |
Place of the transaction |
London Stock Exchange |
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