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Pin to quick picksKazera Global Regulatory News (KZG)

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Executive Salary Sacrifice

29 Jun 2020 08:30

RNS Number : 3513R
Kazera Global PLC
29 June 2020
 

29 June 2020

Kazera Global plc

Executive Salary Sacrifice

Kazera Global plc ("Kazera Global", "Kazera" or "the Company"), the AIM quoted investment company, announces that, in lieu of $25,000 of his salary, Chief Executive Officer Larry Johnson has elected to receive a total of 4,000,000 ordinary shares in the Company ("Ordinary Shares") as part of his compensation between the months of May 2020 to December 2020.

An initial 500,000 Ordinary Shares will be issued immediately as compensation for May 2020 with the remaining balance of 3,500,000 Ordinary Shares to be issued at the end of December 2020.

All 4,000,000 Ordinary Shares to be issued to Mr. Johnson will be issued at a price of 0.5p per Ordinary Share, in line with the Company's Placing announced on 04 June 2020.

Admission

Application has been made to the London Stock Exchange to admit 500,000 new Ordinary Shares to trading on AIM, Admission of the New Ordinary Shares is expected to occur on 2nd July 2020 ("Admission"). The New Ordinary Shares will rank pari passu with the existing Ordinary Shares.

Following Admission, the issued share capital of the Company will be 680,450,986 Ordinary Shares and this figure may be used by shareholders as a denominator for the calculations by which the will determine if they are required to notify their interest in, or change to their interest in the Company under the Disclosure Guidance and Transparency Rules published by the UK Financial Conduct Authority. There are no Ordinary Shares held in treasury and each Ordinary Share entitled the holder to a single vote at general meetings of the Company. Therefore, the total number of voting rights in the Company will be 680,450,986.

For further information on the Company, visit: www.kazeraglobal.com

 

**ENDS**

Kazera Global plc (c/o Camarco)

Larry Johnson (CEO)

Tel: +44 (0)203 757 4980

 

finnCap (Nominated Adviser and Joint Broker)

Christopher Raggett / Anthony Adams (corporate finance)

 

Tel: +44 (0)207 220 0500

 

 

 

Camarco (PR)

Gordon Poole / James Crothers / Hugo Liddy

 

 

Tel: +44 (0)20 3781 8331

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCSEDSWUESSESM
Date   Source Headline
10th Dec 20077:00 amRNSRestoration
7th Dec 20075:01 pmRNSTrading Statement
6th Dec 200711:45 amRNSResult of EGM
3rd Dec 20077:30 amRNSStatement re. Suspension
3rd Dec 20077:30 amRNSSuspension - Worthington Nich
22nd Nov 20077:01 amRNSDirectorate & Adviser Change
9th Nov 20077:01 amRNSNotice of EGM
2nd Nov 200711:33 amRNSIssue of Equity
2nd Nov 20077:01 amRNSIssue of Equity
29th Oct 20077:01 amRNSRequisition Update
24th Oct 20072:59 pmRNSNotice of Requisition of EGM
18th Oct 20072:39 pmRNSHolding(s) in Company
16th Oct 20078:18 amRNSHolding(s) in Company
15th Oct 20077:01 amRNSUpdate
26th Sep 20071:00 pmRNSHolding(s) in Company
24th Sep 20072:48 pmRNSDirector Declaration
24th Sep 20072:42 pmRNSHolding(s) in Company
19th Sep 20077:01 amRNSBoard changes and update
24th Aug 20071:28 pmRNSHolding(s) in Company
17th Aug 200712:41 pmRNSWebsite information
17th Aug 20077:01 amRNSTrading Statement
3rd Jul 20072:19 pmRNSDirectorate Change
29th Jun 20073:31 pmRNSDirector/PDMR Shareholding
29th Jun 20077:02 amRNSInterim Results
18th Jun 20071:04 pmRNSNotice of Results
15th Jun 20077:00 amRNSRe Contract
30th May 20079:32 amRNSNew contract
25th May 200711:31 amRNSTotal Voting Rights
24th May 200710:18 amRNSEGM Statement
1st May 20077:15 amRNSAcquisitions & Share Placing
17th Apr 20077:02 amRNSTrading Statement
29th Mar 200711:20 amRNSNew offices and appointments
23rd Mar 200711:21 amRNSResult of AGM
23rd Mar 20077:01 amRNSAGM Statement
1st Mar 200710:44 amRNSHolding(s) in Company
21st Feb 20078:39 amRNSNew contract win
25th Jan 20072:48 pmRNSTotal Voting Rights
22nd Jan 200711:32 amRNSExercise of Options
17th Jan 20077:01 amRNSFinal Results
3rd Jan 20079:40 amRNSNotice of Results
2nd Jan 20077:01 amRNSRe Contract
28th Dec 20067:00 amRNSUpdate on acquisitions
21st Dec 20067:01 amRNSAcquisition
19th Dec 20067:00 amRNSRe Contract
12th Dec 20068:22 amRNSVoting Rights and Capital
4th Dec 200612:02 pmRNSResult of EGM
10th Nov 20067:01 amRNSPlacing and trading update
19th Oct 20063:03 pmRNSHolding(s) in Company
11th Sep 20067:03 amRNSTwo major hotel contracts won
16th Aug 20067:00 amRNSDirectorate Change

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