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Pin to quick picksTekmar Group Regulatory News (TGP)

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Market Cap: £20.97m
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PDMR Dealing

31 Jan 2025 07:00

RNS Number : 3683V
Tekmar Group PLC
31 January 2025
 

Tekmar Group plc

("Tekmar", the "Company" or the "Group")

PDMR Dealing

Tekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, announces that on 28 January 2025, Fraser Gibson, managing director of RYDER, a subsidiary of the Company, sold a total of 170,000 ordinary shares of £0.01 each in the Company ("Ordinary Shares") at the price of 6.52 pence per share.

Following this transaction, Fraser Gibson holds a total of 111,711 Ordinary Shares, representing 0.08% of the current issued share capital.

This announcement is made pursuant to the Company's obligations under Article 19 of the UK Market Abuse Regulation.

Enquiries:

Tekmar Group Plc Richard Turner, CEO

Leanne Wilkinson, CFO

c/o +44 (0)20 4582 3500

Cavendish Capital Markets Limited (Nomad and Broker) Peter Lynch

Neil McDonald

Pearl Kellie

+44 (0)131 220 9772

+44 (0)131 220 9771

+44 (0)131 220 9775

Gracechurch Group (Financial Media & Investor Relations)

Murdo Montgomery

Heather Armstrong

+44 (0)20 4582 3500

About Tekmar Group plc

Tekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world's energy transition.

Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer's engineering challenges, improve safety and lower project costs. Our capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology. 

We have a clear strategy focused on strengthening Tekmar's value proposition as an engineering solutions-led business which offers integrated and differentiated technology, services and products to our global customer base.

Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global reach with offices, manufacturing facilities, strategic supply partnerships and representation in 18 locations across Europe, Africa, the Middle East, Asia Pacific and North America.

For more information visit: www.tekmargroup.com

Subscribe to further news from Tekmar Group at Group News.

 

1

Details of the person discharging managerial responsibility / person closely associated

a)

 Name

 Fraser Gibson

2

Reason for the notification

a)

Position/status

Managing Director, Ryder Geotechnical Limited

b)

Initial notification/amendment

Initial Notification

3

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

a)

Name

 Tekmar Group plc

b)

LEI

213800839UQKQTV33E71

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

Ordinary shares of £0.01 each

Identification code

GB00BDFGGK53

b)

Nature of transaction

Sale of Shares in Company

c)

Price(s) and volume(s)

Price(s)

 Volume(s)

£0.0652

 170,000

d)

Aggregated information

Aggregated volume

N/A - Single transaction

e)

Date of transaction

28 January 2025

f)

Place of transaction

AIM, London Stock Exchange

 

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