REG - K3 Bus Tech Grp PLC - PDMR Announcement

K3 Business TechnologyAnnouncement

23/05/2019 08:50

RNS Number : 9762Z
K3 Business Technology Group PLC
23 May 2019
 


 
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 of

shares
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


Expiration

datex


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


Expiration

datex


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 the

financial 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



 




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