10 February 2025
Cykel AI PLC
("Cykel" or the " Company")
Director/PDMR Transaction
The Company announces that it was notified on 7 February 2025, that Nicholas Lyth, director/person discharging managerial responsibility (PDMR) in the Company, has transferred 3,000,000 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 1,688,500, representing 0.39% 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 |
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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 |
7 February 2025 |
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| f) |
Place of the Transaction |
Off market |
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