RNS Number : 7232C
Northcoders Group PLC
14 June 2023
 

14 June 2023

 

Northcoders Group PLC

('Northcoders' or the 'Company')

 

Grant of Options

 

Northcoders (AIM:CODE), an independent provider of training programmes for software coding, announces that it has today granted options over, in aggregated 150,000 Ordinary shares of a penny each in the capital of the Company ("Ordinary Shares") under the Company's EMI Share option plan, at an exercise price of 248 pence. This grant of options represents 2.0% of the Company's issued share capital.

 

The following Director and PDMR of the Company have been granted options under the Company's EMI Share Option plan:

 

Name

Title

Number of options grated

Charlotte Prior

CFO

100,000

Samuel Caine

PDMR

50,000

 

These options will become exercisable following the third anniversary of the grant of options, being 14 June 2026.

 

Set out below are the notifications made in accordance with Article 19 of the UK Market Abuse Regulation.

 

 

For further enquiries:

Northcoders Group PLC

Via Buchanan

Chris Hill, CEO

Tel: +44 (0) 20 7466 5000

Charlotte Prior, CFO

investors.northcodersgroup.com

 

 



WH Ireland Limited (Nominated Adviser & Joint Broker)

Tel: +44 (0)20 7220 1666

Mike Coe / Darshan Patel / Sarah Mather (Corporate Finance)



 

Peterhouse Capital Limited (Joint Broker)

Tel: +44 (0) 20 7496 0930

Martin Lampshire

www.peterhousecap.com

Lucy Williams
Duncan Vasey

 

 




Buchanan Communications

Tel: +44 (0) 20 7466 5000

Henry Harrison-Topham

northcoders@buchanan.uk.com

Jamie Hooper






 

Notes to Editors

 

Northcoders is a market leading provider of technology training for businesses and individuals with courses in, Software Engineering, Data Engineering and Platform Engineering.  Founded in 2015, the Group's business model operates a hybrid structure with a flagship site in Manchester and other sites in Leeds, Birmingham and Newcastle supported by a proven digital offering to support its students across the UK.

 

Powered by IP rich technology, Northcoders offers boot camp courses to individuals from a range of backgrounds, delivered through virtual and physical learning.  The Group also works with blue chip corporates across multiple sectors to help them to achieve their digital requirements, with teams as a service and to supply innovative solutions for the upskilling and reskilling of employees. With a keen focus of inclusivity, diversity and quality at its core, Northcoders aims to address the digital skills gap in the UK to meet the increasing demand for digital specialists at all levels, from businesses and public agencies. 

 

Northcoders was admitted to trading on AIM in July 2021 with the ticker CODE.L.  For additional information please visit investors.northcodersgroup.com.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Charlotte Prior

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

 

Northcoders Group plc

b)

 

LEI

9845020C4906942B7C18

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 1p each

 

GB00BL97B942

 

b)

 

Nature of the transaction

 

Grant of Options under the Company's EMI Share option plan

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

 

Volume(s)

248p

100,000

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

100,000

 

£248,000

 

 

e)

 

Date of the transaction

 

14 June 2023

f)

 

Place of the transaction

 

Outside a trading venue

 



 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Samuel Caine 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Northcoders Group plc

b)

 

LEI

9845020C4906942B7C18

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 1p each

 

GB00BL97B942

 

b)

 

Nature of the transaction

 

Grant of Options under the Company's EMI Share option plan

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

 

Volume(s)

248p

50,000

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

 50,000

 

£124,000 

 

e)

 

Date of the transaction

 

14 June 2023

f)

 

Place of the transaction

 

Outside a trading venue

 

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