TIDMCODE

RNS Number : 7232C

Northcoders Group PLC

14 June 2023

14 June 2023

Northcoders Group PLC

('Northcoders' or the 'Company')

Grant of Options

Northcoders (AIM:CODE), an independent provider of training programmes for software coding, announces that it has today granted options over, in aggregated 150,000 Ordinary shares of a penny each in the capital of the Company ("Ordinary Shares") under the Company's EMI Share option plan, at an exercise price of 248 pence. This grant of options represents 2.0% of the Company's issued share capital.

The following Director and PDMR of the Company have been granted options under the Company's EMI Share Option plan:

 
 Name               Title    Number of options 
                              grated 
 Charlotte Prior    CFO      100,000 
                   -------  ------------------ 
 Samuel Caine       PDMR     50,000 
                   -------  ------------------ 
 

These options will become exercisable following the third anniversary of the grant of options, being 14 June 2026.

Set out below are the notifications made in accordance with Article 19 of the UK Market Abuse Regulation.

 
 For further enquiries: Northcoders Group PLC                                                      Via Buchanan 
   Chris Hill, CEO                                               Tel: +44 (0) 20 7466 5000 
   Charlotte Prior, CFO                                     investors.northcodersgroup.com 
 
   WH Ireland Limited (Nominated Adviser & Joint                  Tel: +44 (0)20 7220 1666 
   Broker) 
   Mike Coe / Darshan Patel / Sarah Mather (Corporate 
   Finance) 
 
   Peterhouse Capital Limited (Joint Broker)     Tel: +44 (0) 20 7496 0930 
   Martin Lampshire                                  www.peterhousecap.com 
   Lucy Williams 
    Duncan Vasey 
 
   Buchanan Communications                       Tel: +44 (0) 20 7466 5000 
   Henry Harrison-Topham                       northcoders@buchanan.uk.com 
   Jamie Hooper 
 

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 other sites in Leeds, Birmingham and Newcastle 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                          Charlotte Prior 
      ----------------------------  -------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------- 
 a)    Position/status               Director - CFO 
      ----------------------------  -------------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
      ----------------------------  -------------------------------------- 
 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,          Ordinary shares of 1p each 
        type of instrument 
                                       GB00BL97B942 
        Identification code 
      ----------------------------  -------------------------------------- 
 b)    Nature of the transaction     Grant of Options under the Company's 
                                      EMI Share option plan 
      ----------------------------  -------------------------------------- 
 c)    Price(s) and volume(s)          Price(s)   Volume(s) 
                                        248p       100,000 
                                                  ---------- 
      ----------------------------  -------------------------------------- 
 d)    Aggregated information 
 
        Aggregated volume              100,000 
 
        Aggregated price               GBP248,000 
      ----------------------------  -------------------------------------- 
 e)    Date of the transaction       14 June 2023 
      ----------------------------  -------------------------------------- 
 f)    Place of the transaction      Outside a trading venue 
      ----------------------------  -------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                          Samuel Caine 
      ----------------------------  -------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------- 
 a)    Position/status               PDMR 
      ----------------------------  -------------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
      ----------------------------  -------------------------------------- 
 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,          Ordinary shares of 1p each 
        type of instrument 
                                       GB00BL97B942 
        Identification code 
      ----------------------------  -------------------------------------- 
 b)    Nature of the transaction     Grant of Options under the Company's 
                                      EMI Share option plan 
      ----------------------------  -------------------------------------- 
 c)    Price(s) and volume(s)          Price(s)   Volume(s) 
                                        248p       50,000 
                                                  ---------- 
      ----------------------------  -------------------------------------- 
 d)    Aggregated information 
 
        Aggregated volume              50,000 
 
        Aggregated price               GBP124,000 
      ----------------------------  -------------------------------------- 
 e)    Date of the transaction       14 June 2023 
      ----------------------------  -------------------------------------- 
 f)    Place of the transaction      Outside a trading venue 
      ----------------------------  -------------------------------------- 
 

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END

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June 14, 2023 06:40 ET (10:40 GMT)

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