CYKEL AI PLC Director/PDMR Shareholding
November 20 2024 - 2:00AM
RNS Regulatory News
RNS Number : 8733M
CYKEL AI PLC
20 November 2024
20
November 2024
Cykel AI
PLC
("Cykel"
or the "Company")
Director/PDMR Transaction
The Company announces that it was
notified on 19 November 2024, that Nicholas Lyth, director/person
discharging managerial responsibility (PDMR) in the Company, has transferred
2,000,000 ordinary shares of £0.01 each in the Company (Ordinary
Shares) at nil consideration to his adult son, who is not a
person closely associated (PCA).
Following the transfer, Nicholas
Lyth's resultant interest in Ordinary Shares is 4,688,500,
representing 1.08% of Cykel's issued share capital.
This announcement, including the
notification below, is made in accordance with the requirements of
the UK Market Abuse Regulation.
For
further information, please contact:
|
Cykel AI plc
|
|
Ewan Collinge
|
Via First Sentinel
|
|
First Sentinel (Financial Adviser)
|
|
Brian Stockbridge
|
brian@first-sentinel.com
+44 (0) 7858 888 007
|
|
Clear Capital Markets (Broker)
|
|
Bob Roberts
|
+44 (0) 20 3869
6080
|
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
|
Nicholas Lyth
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Finance Director
|
|
b)
|
Initial notification /
Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Cykel AI PLC
|
|
b)
|
LEI
|
213800QEO6L6JAS62H02
|
|
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
|
|
|
ISIN
|
GB00BJ9MHH56
|
|
b)
|
Nature of the transaction
|
Transfer of shares for nil
consideration
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil value
|
2,000,000
Ordinary Shares
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
See 4 (c) above
|
|
e)
|
Date of the transaction
|
19 November 2024
|
|
f)
|
Place of the Transaction
|
Off market
|
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END
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