REG - KRM22 PLC - Issue of Restricted Stock Units

KRM22Announcement

01/12/2023 07:00

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RNS Number : 2851V  KRM22 PLC  01 December 2023

KRM22 plc

("KRM22", the "Group" or the "Company")

Issue of Restricted Stock Units

 

KRM22 plc, (AIM: KRM) the technology and software investment company that
focuses on risk management for capital markets, announces that on 30 November
2023 the Company issued a total of 69,685 Restricted Stock Units ("RSUs") over
ordinary shares of 10 pence each in the Company ("Ordinary Shares") to
employees of the Group and Kim Suter, CFO, under the Company's 2023 RSU
Incentive Plan.  The RSUs represent in aggregate 0.20 per cent. of the
Company's issued share capital.

 

Of the total of 69,685 RSUs issued, Kim Suter has been issued 68,685 RSUs on
the same terms as all other employees.  Following this issue, Kim Suter will
have 421,466 options and 68,685 RSUs over Ordinary Shares representing 1.37
per cent of the current issued share capital of the Company.

 

The RSUs vest on the fifth anniversary of award and are not subject to any
future performance conditions.

 

Following the award, KRM22 has 3,870,523 options and 863,461 RSUs in issue,
representing in aggregate 13.27 per cent. of the Company's issued share
capital.

 

 

For further information please contact:

 

KRM22
plc
InvestorRelations@krm22.com

Keith Todd CBE, Executive Chairman

Stephen Casner, CEO

Kim Suter, CFO

 

Cavendish Capital Markets Limited (Nominated Adviser and Sole Broker)
  +44 (0)20 7220 0500

Carl Holmes / George Dollemore (Corporate Finance)

Sunila de Silva (ECM)

 

 

The information communicated in this announcement is inside information for
the purposes of Article 7 of Regulation 596/2014.

 

 

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April
2018.  The Company has been established with the objective of creating value
for its investors through the investment in, and subsequent growth and
development of, target companies in the technology and software sector, with a
focus on risk management in capital markets.

 

Through its investments and the Global Risk Platform, KRM22 helps capital
market companies reduce the cost and complexity of risk management.  The
Global Risk Platform provides applications to help address firms' trading and
corporate risk challenges and to manage their entire enterprise risk profile.

 

Capital markets companies' partner with KRM22 to optimise risk management
systems and processes, improving profitability and expanding opportunities to
increase portfolio returns by leveraging risk as alpha.

 

KRM22 plc is listed on AIM and the Group is headquartered in London, with
offices in several of the world's major financial centres.

 

See more about KRM22 at KRM22.com

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Kim Suter
 2.  Reason for the Notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         KRM22 Plc
 b)  LEI                                                          213800IBCSBLSLJ9OD78
 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  Restricted Stock Units over ordinary shares of 10 pence each
     Identification code                                          GB00BFM6WC61
 b)  Nature of the transaction                                    Award under Restricted Share Unit Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  N/A       68,685
 d)  Aggregated information:

·      Aggregated volume                                    N/A

     ·      Price
 e)  Date of the transaction                                      30 November 2023
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume

·      Price

 

N/A

e)

Date of the transaction

30 November 2023

f)

Place of the transaction

Outside a trading venue

 

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