16 Apr 2019 17:30
KRM22 plc
("KRM22" or the "Company")
Director/PDMR Shareholding
The Company has been notified that Stephen Casner, Chief Executive Officer USA and Executive Director of the Company, on 15 April 2019, acquired 1,000 Ordinary Shares at a price of 86 pence per share. Following this transaction, Mr Casner has an interest in 513,143 Ordinary Shares representing 2.81 per cent. of the entire issued share capital of the Company.
As announced on 3 April 2019, 129,412 Placing Shares in the Fundraising have been conditionally placed with finnCap, and admission of these shares is subject to and conditional on an order being placed in the market by Fidelity Investments on behalf of Mr Casner, to purchase the 129,412 Ordinary Shares at the Issue Price from finnCap. The above mentioned order is still pending execution and finalisation of delivery mechanics. A further announcement will be made when appropriate.
Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the Company's announcement on 3 April 2019 regarding the Fundraising, unless the context requires otherwise.
For further information please contact:
KRM22 plc
Keith Todd CBE, Executive Chairman and CEO
Karen Bach, COO
finnCap Ltd (Nominated Adviser and Sole Broker) +44 (0)20 7220 0500
Carl Holmes / Kate Bannatyne / Matthew Radley
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Stephen Casner | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Executive Officer, USA | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | KRM22 Plc | ||||
b) | LEI | 213800IBCSBLSLJ9OD78 | ||||
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, type of instrument | Ordinary Shares of 10 pence each | ||||
Identification code | GB00BFM6WC61 | |||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price |
See 4c) above | ||||
e) | Date of the transaction | 15 April 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
Krm22 Plc (KRM)