6 Jul 2017 10:48
K3 Business Technology Group plc
("K3", "Company" or "Group")
PDMR Notification
Further to the completion yesterday of the placing ("Placing") at 140p per ordinary share of 25p each in the capital of the Company ("Ordinary Shares") and conversion of a £640,000 loan into 457,142 Ordinary Shares by CA Fastigheter AB (a company controlled by Johan Claesson) both announced on 12 June 2017, the respective revised holdings of certain directors of the Group are as follows:
Ordinary Shares | % | |
Adalsteinn Valdimarsson | 71,429 | 0.17% |
Rob Price | 50,000 | 0.12% |
Stuart Darling | 14,286 | 0.03% |
Johan Claesson | 6,508,230 | 15.15% |
Regarding the conversion of warrants over 700,000 Ordinary Shares by entities controlled by Johan Claesson also announced on 12 June 2017, the Company received notice prior to completion of the Placing that the right to those shares was transferred to a third party and the shares were issued to that third party.
Accordingly, the Company makes the following announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014):
1. | Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA') | |||||
a) | Name | Adalsteinn Valdimarsson | ||||
2. | Reason for notification | |||||
b) | Position / status | Chief Executive Officer | ||||
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 shares pursuant to the Placing | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price | n/a | ||||
e) | Date of the transaction | 5 July 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA') | |||||
Name | Robert Price | ||||
Reason for notification | |||||
Position / status | Chief Financial Officer | ||||
Initial notification / amendment | Initial Notification | ||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
Name | K3 Business Technology Group plc | ||||
LEI | 213800QOJ9OF2AV81748 | ||||
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 | |||||
Description of the financial instrument
Identification code
| ordinary shares of 25p each
GB00B00P6061 | ||||
Nature of the transaction | Acquisition of shares pursuant to the Placing | ||||
Price(s) and volume(s) |
| ||||
Aggregated information Aggregated volume Price | n/a | ||||
Date of the transaction | 5 July 2017 | ||||
Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA') | |||||
Name | Stuart Darling | ||||
Reason for notification | |||||
Position / status | Interim Chairman | ||||
Initial notification / amendment | Initial Notification | ||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
Name | K3 Business Technology Group plc | ||||
LEI | 213800QOJ9OF2AV81748 | ||||
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 | |||||
Description of the financial instrument
Identification code
| ordinary shares of 25p each
GB00B00P6061 | ||||
Nature of the transaction | Acquisition of shares pursuant to the Placing | ||||
Price(s) and volume(s) |
| ||||
Aggregated information Aggregated volume Price | n/a | ||||
Date of the transaction | 5 July 2017 | ||||
Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA') | |
Name | CA Fastigheter |
Reason for notification | |
Position / status | Controlled by Johan Claesson (Non-Executive Director) |
Initial notification / amendment | Initial Notification |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Name | K3 Business Technology Group plc |
LEI | 213800QOJ9OF2AV81748 |
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 | |
Description of the financial instrument
Identification code
| ordinary shares of 25p each
GB00B00P6061 |
Nature of the transaction | Conversion of £640,000 loan into ordinary shares of 25p each |
Price(s) and volume(s) |
£640,000 loan converted into 457,142 ordinary shares of 25p each at £1.40 per ordinary share |
Aggregated information Aggregated volume Price | n/a |
Date of the transaction | 5 July 2017 |
Place of the transaction | London Stock Exchange, AIM Market (XLON) |
K3 Business Technology Group (KBT)