RNS Number : 5205J
Northcoders Group PLC
24 October 2024
 

24 October 2024

 

 

Northcoders Group PLC

('Northcoders' or the 'Group' or 'Company')

 

Director Dealing

 

Northcoders (AIM:CODE), a UK market leading technology training business, announces that  in order to satisfy new institutional investor demand and for personal tax considerations the following director dealings have taken place.

 

Chris Hill, founder and Chief Executive Officer, sold 190,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") on 22 October 2024 at a price of 160 pence per Ordinary Share.

 

Following  these transactions, Mr Hill remains beneficially interested in 1,314,080 Ordinary Shares, representing 16.4 per cent. of the Company's voting share capital.

 

Amul Batra, Director, sold 30,000 Ordinary Shares on 22 October 2024 at a price of 160 pence per Ordinary Share.

 

Following  this transaction, Mr Batra remains beneficially interested in 919,413 Ordinary Shares, representing 11.5 per cent. of the Company's voting share capital.

 

 

For further enquiries:

 

Northcoders Group plc

Via Burson Buchanan

Chris Hill, CEO

Tel: +44 (0) 20 7466 5000

Charlotte Prior, CFO

investors.northcodersgroup.com

 

 



Zeus (Nominated Adviser & Joint Broker)

Tel: +44 (0) 20 3829 5000

Mike Coe / Sarah Mather (Investment Banking)

Fraser Marshall / George Krokos (Sales)

 


 

 

Peterhouse Capital Limited (Joint Broker)

Tel: +44 (0) 20 7496 0930

Martin Lampshire

www.peterhousecap.com

Lucy Williams
Duncan Vasey

 

 




Burson Buchanan (Financial Communications)

Tel: +44 (0) 20 7466 5000

Henry Harrison-Topham

northcoders@buchanan.uk.com

Steph Whitmore

Jesse McNab

www.bursonbuchanan.com





 

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 another site in Leeds, 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

Chris Hill

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

 

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

 

Sale

c)

 

Price(s) and volume(s)

 

 

 

 

 

Type

Price(s)

 

Volume(s)

Sale

160p

190,000

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

190,000

 

£304,000

 

e)

 

Date of the transaction

 

22 October 2024

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Amul Batra

2

 

Reason for the notification

 

a)

 

Position/status

 

Director - COO

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

 

Sale

c)

 

Price(s) and volume(s)

 

 

 

 

 

Type

Price(s)

 

Volume(s)

Sale

160p

30,000

d)

 

Aggregated information

 

Aggregated volume

 

Aggregated price

 

 

30,000

 

£48,000

 

e)

 

Date of the transaction

 

22 October 2024

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

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
 
 
DSHFEDFDLELSEDS