REG - Kape Technologies - PDMR Dealings
RNS Number : 0365UKape Technologies PLC31 March 202131 March 2021
Kape Technologies plc
("Kape," the "Group" or the "Company")
PDMR Dealings
Kape (AIM: KAPE), the consumer-focused digital privacy and security business, announces the following dealings by PDMRs.
Pursuant to the completion of the acquisition of Webselenese Ltd. ("Webselenese"), 12,123,769 ordinary shares of US$0.0001 each ("Ordinary Shares") have today been issued to the founders and certain senior members of staff of Webselenese (the "Consideration Shares").
Ran Greenberg and Ariel Hochstadt, the founders of Webselenese, have each been issued 5,579,027 Ordinary Shares. Two senior members of staff at Webselenese, have also been allotted 608,572 and 357,143 Ordinary Shares respectively as retention payments, out of the Consideration Shares.
As announced on 8 March 2021, Ran Greenberg and Ariel Hochstadt have also both used part of the cash consideration proceeds from the sale of Webselenese to acquire Ordinary Shares in the market. On 30 March 2021, Ran Greenberg purchased 168,000 Ordinary Shares at a price of 288 pence per share. On 30 March 2021, Ariel Hochstadt also purchased 168,000 Ordinary Shares at a price of 288 pence per share.
Following the issue of the Consideration Shares and the purchase of Ordinary Shares on 30 March 2021, the holdings of Messrs Greenberg and Hochstadt are as follows:
Ordinary Shares held
% of total voting rights held
Ran Greenberg
5,747,027
2.58%
Ariel Hochstadt
5,747,027
2.58%
Enquiries:
Kape Technologies plc
Ido Erlichman, Chief Executive Officer
Moran Laufer, Chief Financial Officer
via Vigo Communications
Shore Capital (Nominated Adviser & Broker)
Mark Percy / Toby Gibbs / James Thomas / Michael McGloin
+44 (0)20 7408 4090
Stifel Nicolaus Europe Limited (Joint Broker)
Alex Price / Brad Topchik / Alain Dobkin / Richard Short
+44 (0) 20 7710 7600
Vigo Communications (Financial Public Relations)
Jeremy Garcia / Antonia Pollock
kape@vigocomms.com
+44 (0)20 7390 0237
About Kape
Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focuses on protecting consumers and their personal data as they go about their daily digital lives.
To date, Kape has over 2.5 million paying subscribers, supported by a team of over 360 people across eight locations worldwide.
Through its subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards serving the vast global consumer digital privacy market.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr. Ran Greenberg
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Kape Technologies plc
b)
LEI
213800GTF3PYCXPXET67
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
Identification code
Ordinary Shares of $0.0001 par value each
ISIN: IM00BQ8NYV14
b)
Nature of the transaction
Share Consideration
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.915
5,579,027
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr. Ran Greenberg
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Kape Technologies plc
b)
LEI
213800GTF3PYCXPXET67
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
Identification code
Ordinary Shares of $0.0001 par value each
ISIN: IM00BQ8NYV14
b)
Nature of the transaction
Purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.88
168,000
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
30 March 2021
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr. Ariel Hochstadt
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Kape Technologies plc
b)
LEI
213800GTF3PYCXPXET67
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
Identification code
Ordinary Shares of $0.0001 par value each
ISIN: IM00BQ8NYV14
b)
Nature of the transaction
Share Consideration
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.915
5,579,027
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
31 March 2021
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr. Ariel Hochstadt
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Kape Technologies plc
b)
LEI
213800GTF3PYCXPXET67
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
Identification code
Ordinary Shares of $0.0001 par value each
ISIN: IM00BQ8NYV14
b)
Nature of the transaction
Purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.88
168,000
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
30 March 2021
f)
Place of the transaction
London Stock Exchange
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDDSHJMMMTMTJJTJB
Recent news on Kape Technologies
See all newsREG - AIM Kape Technologies - Cancellation - KAPE TECHNOLOGIES PLC
AnnouncementREG - Kape Technologies - Holding(s) in Company
AnnouncementREG - Unikmind Holdings Kape Technologies - Offer Closure and Acceptance Level Announcement
AnnouncementREG - Kape Technologies - Holding(s) in Company
AnnouncementREG - Kape Technologies - Holding(s) in Company
Announcement