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| 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
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| d) | Price(s) and volume(s) |
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| 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: +44 (0) 20 7664 5095 |
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| DGA Group (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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