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:
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Cykel AI plc
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Ewan Collinge |
Via First Sentinel
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First Sentinel (Financial Adviser)
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Brian Stockbridge
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+44 (0) 7858 888 007 |
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Clear Capital Markets (Broker)
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Bob Roberts |
+44 (0) 20 3869 6080 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Nicholas Lyth |
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2. |
Reason for the Notification |
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a) |
Position/status |
Finance Director |
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b) |
Initial notification / Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Cykel AI PLC |
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b) |
LEI |
213800QEO6L6JAS62H02 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary shares |
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ISIN |
GB00BJ9MHH56 |
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b) |
Nature of the transaction |
Transfer of shares for nil consideration |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volume · Price |
See 4 (c) above |
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e) |
Date of the transaction |
19 November 2024 |
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f) |
Place of the Transaction |
Off market |
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