28 October 2024
Huddled Group plc
("Huddled", the "Company" or the
"Group")
PDMR dealings
Huddled Group plc (AIM:HUD), the circular economy
e-commerce business, announces that it was notified on 28 October
2024 of the following PDMR dealings.
David Marks, Director of the Company at the time, and
Lanton Investments Limited, a company jointly-owned by David Marks
and his spouse, Jacqueline Marks, sold 7,255,487 and 7,231,692
Ordinary Shares respectively at a price of approximately 2.76 pence
per Ordinary Share1 (together, the "Share Sales").
The Share Sales represent approximately 4.5% of the Company's
Enlarged Share Capital. Following the Share Sales, David Marks will
no longer hold any interests in the Company's Ordinary Shares.
M Capital Investment Properties Limited ("MCIP"), a
company wholly-owned by Martin Higginson, and separately, Dan
Wortley, have purchased 3,729,885 and 797,359 Ordinary Shares in
the Company respectively at a price of approximately 2.76 pence per
Ordinary Share.
MCIP, a company wholly-owned by Martin Higginson,
acquired 21,979,360 Ordinary Shares from Martin Higginson and
5,687,686 from Samuel Higginson, Group Brand Director, at a price
of 2.76 pence per Ordinary Share.
Following these transactions, Martin Higginson now
has a total beneficial interest of 51,724,471 Ordinary Shares which
represents 16.10% of the Enlarged Share Capital of the Company.
Defined terms within this announcement hold the same
definition as the Company's announcement released at 0700 on 28
October 2024.
1ordinary shares of 0.040108663 pence
each in the Company ("Ordinary Shares")
Contacts:
Enquiries:
For further information please
visit www.huddled.com/investors, or contact:
|
Huddled Group
plc
Martin Higginson
Daniel Wortley
|
investors@huddled.com
|
|
Zeus (Nominated
Adviser and Sole Broker)
Nick Cowles, James Hornigold, Alex
Campbell-Harris
Dominic King
|
Tel + 44 (0) 203 829
5000
(Investment Banking)
(Corporate Broking)
|
|
Alma Strategic
Communications (Financial PR)
Rebecca Sanders-Hewett
Sam Modlin
Kieran Breheny
|
huddled@almastrategic.com
|
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated (PCA)
|
|
a)
|
Name
|
1. David Marks
2. Lanton Investments
Limited
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
David Marks, Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance
market participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
Huddled Group plc
|
|
b)
|
LEI
|
894500TW3TTWSJ7DYP93
|
|
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 0.040108663
pence
Identification code (ISIN) for Huddled Group
plc ordinary shares: GB00BD5JRP64
|
|
b)
|
Nature of the transaction
|
Disposal of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1. 2.76 pence
2. 2.76 pence
|
1. 7,255,487
2. 7,231,692
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
14,487,179
2.76 pence
|
|
e)
|
Date of the transaction
|
28 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated (PCA)
|
|
a)
|
Name
|
M Capital Investment Properties
Limited
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PCA of Martin Higginson
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance
market participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
Huddled Group plc
|
|
b)
|
LEI
|
894500TW3TTWSJ7DYP93
|
|
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 0.040108663
pence
Identification code (ISIN) for Huddled Group
plc ordinary shares: GB00BD5JRP64
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1. 2.76 pence
2. 2.76 pence
3. 2.76 pence
|
1. 3,729,885
2. 21,979,360
3. 5,687,686
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
31,396,931
2.76 pence
|
|
e)
|
Date of the transaction
|
28 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated (PCA)
|
|
a)
|
Name
|
Dan Wortley
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance
market participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
Huddled Group plc
|
|
b)
|
LEI
|
894500TW3TTWSJ7DYP93
|
|
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 0.040108663
pence
Identification code (ISIN) for Huddled Group
plc ordinary shares: GB00BD5JRP64
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
2.76 pence
|
797,359
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N.A single transaction
|
|
e)
|
Date of the transaction
|
28 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated (PCA)
|
|
a)
|
Name
|
Martin Higginson
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance
market participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
Huddled Group plc
|
|
b)
|
LEI
|
894500TW3TTWSJ7DYP93
|
|
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 0.040108663
pence
Identification code (ISIN) for Huddled Group
plc ordinary shares: GB00BD5JRP64
|
|
b)
|
Nature of the transaction
|
Disposal of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
2.76 pence
|
21,979,360
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N.A single transaction
|
|
e)
|
Date of the transaction
|
28 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
1
|
Details of the person discharging managerial
responsibilities / person closely associated (PCA)
|
|
a)
|
Name
|
Samuel Higginson
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification /Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance
market participant, auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
Huddled Group plc
|
|
b)
|
LEI
|
894500TW3TTWSJ7DYP93
|
|
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 0.040108663
pence
Identification code (ISIN) for Huddled Group
plc ordinary shares: GB00BD5JRP64
|
|
b)
|
Nature of the transaction
|
Disposal of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
2.76 pence
|
5,687,686
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N.A single transaction
|
|
e)
|
Date of the transaction
|
28 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|