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Director/PDMR Shareholding

5 Feb 2024 12:39

RNS Number : 0578C
Marks Electrical Group plc
05 February 2024

5 February 2024

Marks Electrical Group plc

Director/PDMR Shareholdings

Notification of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them

Marks Electrical Group plc ("Marks Electrical", "the Company" or "the Group"), a fast-growing online electrical retailer, today announces that Mariam Egan, a person closely associated with Josh Egan, Chief Financial Officer of the Group, acquired 1,000 ordinary shares of 1 pence each in the Company for a price of 75 pence per share. Following the purchase, Josh Egan has a beneficial interest in an aggregate of 142,000* ordinary shares in the Company.

* 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

Mariam Egan

2

Reason for the notification

a)

Position/status

PCA of Josh Egan, 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

Purchase of Ordinary shares

d)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.75

1,000

e)

Aggregated information: volume, Price

Single Transaction

f)

Date of the transaction

5 February 2024

g)

Place of the transaction

London Stock Exchange

Enquiries:

Marks Electrical Group plc

Mark Smithson, CEO

Josh Egan, CFO

Via Dentons Global Advisors

Tel: +44 (0) 20 7664 5095

Dentons Global Advisors (Financial PR)

Jonathon Brill / James Styles / Nishad Sanzagiri

Tel: +44 (0) 20 7664 5095

markselectrical@dentonsglobaladvisors.com

Canaccord Genuity (NOMAD and Broker)

Max Hartley / George Grainger

Tel: +44 (0) 207 523 8000

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