REG - KRM22 PLC - Issue of Restricted Stock Units

KRM22Announcement

02/06/2025 07:00

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RNS Number : 8472K  KRM22 PLC  02 June 2025

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 May 2025
the Company issued a total of 2,025,147 Restricted Stock Units ("RSUs") over
ordinary shares of 10p each in the Company ( "Ordinary Shares") to employees
of the Group including 490,000 RSUs to certain Directors of the Company, being
Dan Carter (CEO) and Kim Suter (CFO).

 

Of the total of 2,025,147 RSUs issued, Dan Carter has been awarded 250,000
RSUs and Kim Suter has been awarded 240,000 RSUs on the same terms as all
other employees.  Following this award, Dan Carter will have a total of
314,794 RSUs and 412,997 options over Ordinary Shares which, together with his
existing shareholding, represents 2.03 per cent of the current issued share
capital of the Company whilst Kim Suter will have a total of 308,685 RSUs and
511,466 options over Ordinary Shares which, together with his existing
shareholding, represents 2.36 per cent of the current issued share capital of
the Company.

 

The RSUs, which have been issued as part of long-term incentive plans and
based on FY24 financial performance, vest on the fifth anniversary of award
and are not subject to any future performance conditions.

 

Following this announcement, KRM22 has 2,451,522 RSUs and 4,077,581 options in
issue, representing in aggregate 18.09 per cent of the current issued share
capital of the Company.

 

Of the total 4,077,581 options outstanding, 2,432,581 were awarded during
COVID as part of a cost saving and salary sacrifice exercise.

 

The Company currently has 36,100,195 Ordinary Shares in issue.

 

For further information please contact:

 

 KRM22                                                                                                                                                                                   InvestorRelations@krm22.com (mailto:InvestorRelations@krm22.com)
 plc

 Garry Jones, Chairman

 Dan Carter, CEO

 Kim Suter, CFO

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

 Stephen Keys / Isaac Hooper (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                                                         Dan Carter
 2.  Reason for the Notification
 a)  Position/status                                              Chief Executive 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       250,000
 d)  Aggregated information:

     ·      Aggregated volume                                     N/A

     ·      Price
 e)  Date of the transaction                                      30 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume

·      Price

 

N/A

e)

Date of the transaction

30 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

 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       240,000
 d)  Aggregated information:

     ·      Aggregated volume                                     N/A

     ·      Price
 e)  Date of the transaction                                      30 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume

·      Price

 

N/A

e)

Date of the transaction

30 May 2025

f)

Place of the transaction

Outside a trading venue

 

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