K3 Business Technology Group (KBT)

 

LSE:KBT: PDMR Shareholding

K3 Business Technology Group

06 Jul 2017 10:48:43

K3 Bus Tech Grp PLC

RNS Number : 3091K
K3 Business Technology Group PLC
06 July 2017
 

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)

 

Price(s)

Volume(s)

£1.40

71,429

 

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)

 

Price(s)

Volume(s)

£1.40

50,000

 

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)

 

Price(s)

Volume(s)

£1.40

14,286

 

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)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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