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
|
+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) |
| ||||
| 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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