REG - Kinovo PLC - Exercise of Options, PDMR Shareholdings & TVR

KinovoAnnouncement

25/03/2024 16:45

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RNS Number : 2141I  Kinovo PLC  25 March 2024

25 March 2024

Kinovo plc

 

("Kinovo" or the "Company")

 

Exercise of Options, Director / PDMR Shareholdings and Total Voting Rights

 

Kinovo PLC (AIM: KINO), the specialist property services group that delivers
compliance and sustainability solutions, announces that Nicole Rooney,
Commercial Director, Spokemead, and a Person Discharging  Managerial
Responsibility of the Company, has exercised options over 130,000 ordinary
shares of 10p each ("Ordinary Shares") in the Company, at an exercise price of
20.5p each ("Options").

 

Nicole Rooney has confirmed her intention to retain the Ordinary Shares
acquired through the exercise of the Options in her Individual Savings Account
("ISA") to the extent allowable and retaining the balance as a direct holding.

 

Following this transaction, Nicole Rooney will be the beneficial holder of
187,217 Ordinary Shares in the Company.

 

Issue of Equity and Admission

 

The Group has made an application to the London Stock Exchange for the
admission to trading on AIM for the 130,000 Ordinary Shares. The 130,000
Ordinary Shares will rank pari passu with the Company's existing issued shares
and are expected to be admitted to trading on AIM at 8:00a.m. on 2 April 2024.

 

Total Voting Rights

 

Following this admission, the issued share capital of the Company will be
62,918,214 Ordinary Shares with one voting right each. The Company does not
hold any shares in treasury.

 

The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the share capital
of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

The following notifications, made pursuant to Article 19(3) of the Market
Abuse Regulation, provide further details.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nicole Rooney

 2    Reason for the notification

 a)   Position/status                                              Commercial Director, Spokemead and PDMR

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Kinovo Plc

 b)   LEI                                                          213800JDWVCVYWS87928

 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

      Identification code                                          GB00BV9GHQ09

 b)   Nature of the transaction                                    Exercise of Options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     20.5 pence        130,000

 d)   Aggregated information                                       Not applicable - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      22 March 2024

 f)   Place of the transaction                                     Off market

 

Enquiries

 

 Kinovo plc
 Sangita Shah, Chair                                             +44 (0)20 7796 4133

 David Bullen, Chief Executive Officer                           (via Hudson Sandler)

 Canaccord Genuity Limited (Nominated Adviser and Sole Broker)   +44 (0)20 7523 8000
 Adam James

 Andrew Potts

 Harry Rees

 Hudson Sandler (Financial PR)                                   +44 (0)20 7796 4133
 Dan de Belder

 Harry Griffiths

 

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