24 October
2024
Northcoders Group
PLC
('Northcoders' or the 'Group' or 'Company')
Director
Dealing
Northcoders (AIM:CODE), a UK market
leading technology training business, announces that in order
to satisfy new institutional investor demand and for personal tax
considerations the following director dealings have taken
place.
Chris Hill, founder and Chief
Executive Officer, sold 190,000 ordinary shares of 1
penny each in the Company ("Ordinary Shares") on
22 October 2024 at a price of 160 pence per
Ordinary Share.
Following these transactions,
Mr Hill remains beneficially interested in 1,314,080 Ordinary
Shares, representing 16.4 per cent. of the Company's voting share
capital.
Amul Batra, Director, sold 30,000
Ordinary Shares on 22 October 2024 at a price of 160
pence per Ordinary Share.
Following this transaction, Mr
Batra remains beneficially interested in 919,413 Ordinary Shares,
representing 11.5 per cent. of the Company's voting share
capital.
For
further enquiries:
Northcoders Group plc
|
Via Burson
Buchanan
|
Chris Hill, CEO
|
Tel: +44
(0) 20 7466 5000
|
Charlotte Prior, CFO
|
investors.northcodersgroup.com
|
|
|
Zeus (Nominated Adviser & Joint Broker)
|
Tel: +44
(0) 20 3829 5000
|
Mike Coe / Sarah Mather (Investment
Banking)
Fraser Marshall / George Krokos
(Sales)
|
|
|
|
|
|
Notes to Editors
Northcoders is a market leading
provider of technology training for businesses and individuals with
courses in, Software Engineering, Data Engineering and Platform
Engineering. Founded in 2015, the
Group's business model operates a hybrid structure with a flagship
site in Manchester and another site
in Leeds, supported by a proven digital offering
to support its students across the UK.
Powered by IP rich technology,
Northcoders offers boot camp courses to individuals from a range of
backgrounds, delivered through virtual and physical
learning. The Group also works with
blue chip corporates across multiple sectors to help them to
achieve their digital requirements, with teams as a service and to
supply innovative solutions for the upskilling and reskilling of
employees. With a keen focus of inclusivity, diversity and quality
at its core, Northcoders aims to address the digital skills gap in
the UK to meet the increasing demand for digital specialists at all
levels, from businesses and public agencies.
Northcoders was admitted to trading
on AIM in July 2021 with the ticker CODE.L. For additional information please visit
investors.northcodersgroup.com.
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
|
Chris Hill
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Director - CEO
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Northcoders Group plc
|
b)
|
LEI
|
9845020C4906942B7C18
|
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 1p each
GB00BL97B942
|
b)
|
Nature of the transaction
|
Sale
|
c)
|
Price(s) and volume(s)
|
Type
|
Price(s)
|
Volume(s)
|
Sale
|
160p
|
190,000
|
|
d)
|
Aggregated information
Aggregated volume
Aggregated price
|
190,000
£304,000
|
e)
|
Date of the transaction
|
22 October 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Amul Batra
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Director - COO
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Northcoders Group plc
|
b)
|
LEI
|
9845020C4906942B7C18
|
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 1p each
GB00BL97B942
|
b)
|
Nature of the transaction
|
Sale
|
c)
|
Price(s) and volume(s)
|
Type
|
Price(s)
|
Volume(s)
|
Sale
|
160p
|
30,000
|
|
d)
|
Aggregated information
Aggregated volume
Aggregated price
|
30,000
£48,000
|
e)
|
Date of the transaction
|
22 October 2024
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM
|