Last checked at 23 May 2019 08:48
AIM: KBT
23 May 2019
K3 Business Technology Group plc
("K3", "Company" or "Group")
PDMR Announcement
The Company has received notification from non-executive director Per Johan Claesson that on 20 May 2019 he has purchased 4,721,226 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") at a price of 220p per Ordinary Share from a family relation of Mr Claesson and Carlton Telecom Inc, a company controlled by that family relation (the "Purchase"). Following the Purchase, the Company has been informed that the total number of Ordinary shares in which Mr Claesson is now interested is 9,808,923 Ordinary Shares representing 22.84% of the total voting rights of the Company held as follows:
PJ Claesson | 5,072,926 |
Johan och Marianne Claesson AB | 1,947,461 |
Fastighets AB Bremia | 567,500 |
CA Fastigheter AB | 2,221,036 |
Total |
9,808,923 |
The Company makes the below announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014) in respect of the Purchase:
Enquiries:
K3 Business Technology Group plc | Adalsteinn Valdimarsson, CEO Rob Price, CFO | T: 0161 876 4498 |
finnCap Limited (NOMAD & Broker)
| Julian Blunt/James Thompson (Corporate Finance) Camille Gochez (Corporate Broking)
| T: 020 7220 0500 |
KTZ Communications | Katie Tzouliadis/Dan Mahoney | T: 020 3178 6378 |
1. | Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA') | |
a) | Name | PJ Claesson |
2. | Reason for notification | |
b) | Position / status | Non-executive director |
c) | Initial notification / amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
b) | Name | K3 Business Technology Group plc |
c) | LEI | 213800QOJ9OF2AV81748 |
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
Identification code
| ordinary shares of 25p each
GB00B00P6061 |
b) | Nature of the transaction | Acquisition of ordinary shares of 25p each
|
c) | Price(s) and volume(s) | Volume: 4,721,226 Price: 220p per Ordinary Share
|
d) | Aggregated information Aggregated volume Price | n/a |
e) | Date of the transaction | 20 May 2019 |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | K3 Business Technology Group plc | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | ||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | x | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify)iii: | ||||||
3. Details of person subject to the notification obligationiv | ||||||
Name | Per Johan Claesson and controlled undertakings | |||||
City and country of registered office (if applicable) | N/A | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | ||||||
City and country of registered office (if applicable) | ||||||
5. Date on which the threshold was crossed or reachedvi: | 20/05/2019 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 22/05/2019 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 22.84% | N/A | 22.84% | 42,946,665 | ||
Position of previous notification (if applicable) | 11.85% | N/A | 11.85% | |||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
Ordinary Shares of 25p each GB00B00P6061 | 5,072,926 | 4,735,997 | 11.81% | 11.03% | |||||
SUBTOTAL 8. A | 9,808,923 | 22.84% | |||||||
| |||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
SUBTOTAL 8. B 1 | |||||||||
| |||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
SUBTOTAL 8.B.2 | |||||||||
| |||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | x | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
PJ Claesson | 5,072,926 | n/a | 5,072,926 | |
Johan och Marianne Claesson AB (an entity controlled by PJ Claesson) | 1,947,461 | n/a | 1,947,461 | |
Fastighets AB Bremia (an entity controlled by PJ Claesson) | 567,500 | n/a | 567,500 | |
CA Fastigheter AB (an entity controlled by PJ Claesson) | 2,221,036 | n/a | 2,221,036 | |
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | ||||
The number and % of voting rights held | ||||
The date until which the voting rights will be held | ||||
11. Additional informationxvi | ||||
Place of completion | Kalmar, Sweden |
Date of completion | 22 May 2019 |