Samarkand Group plc (SMK)
2 August 2021 Samarkand Group plc ("Samarkand", the "Company" or together with its subsidiaries the "Group") Director/PDMR Shareholding The Company announces that on 30 July 2021 Keith Higgins, a Non-executive Director of the Company, purchased 21,739 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of £1.46 per share. Mr. Higgins now holds 52,174 Ordinary Shares representing 0.10%. of the Company's voting rights. The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further information. The directors of the Company accept responsibility for the content of this announcement. Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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Notes to Editors
Samarkand is a cross-border eCommerce technology and retail group focusing on connecting Western Brands with China, the world's largest eCommerce market. The Group has developed a proprietary software platform, the Nomad platform, which is integrated across all necessary touch-points required for eCommerce in China including eCommerce platforms, payments, logistics, social media and customs. The Nomad platform is the foundation on which the Group's Nomad technology and service solutions are built. The core products include Nomad Checkout, Nomad Storefront, Nomad Commerce and Nomad Distribution.
The Company's current customer base comprises leading European brands such as 111SKIN, Shay & Blue, Omorovicza, ICONIC London, Philip Kingsley, Temple Spa and Planet Organic. Samarkand has also successfully grown its own brand, Probio7, acquired in December 2017 and announced in May 2021, the acquisition of Zita West Products and Babawest.
Founded in 2016, Samarkand is headquartered in London, UK with offices in Shanghai and Tokyo employing over 140 staff.
For further information please visit https://www.samarkand.global/
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ISIN: | GB00BLH1QT30 |
Category Code: | DSH |
TIDM: | SMK |
Sequence No.: | 118881 |
EQS News ID: | 1223010 |
End of Announcement | EQS News Service |
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