REG - KRM22 PLC - Issue of Options

KRM22Announcement

16/12/2022 15:30

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RNS Number : 0535K  KRM22 PLC  16 December 2022

KRM22 plc

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

Issue of Options

 

KRM22 plc, (AIM: KRM) the technology and software investment company that
focuses on risk management for capital markets, announces the issue of a total
of 300,000 options ("Options") to subscribe for new ordinary shares of 10p
each in the Company ("Ordinary Shares") to employees of the Group and Kim
Suter, CFO of the Company, under the Company's Employee Share Option Plan.

 

Of the total of 300,000 Options issued, Kim Suter has been issued 100,000
Options on the same terms as all other employees.  Following this issue, Kim
Suter will have 471,466 Options over Ordinary Shares representing 1.32% of
the current issued share capital of the Company.

 

The Options vest over a three year period and are exercisable at 63 pence
provided that the share price has increased by 5% per year, compounded, during
the vesting period.  The Options will expire on 16 December 2032.

 

Following this announcement, there is a total of 4,556,004 Options over
Ordinary Shares representing 12.77% of the current issued share capital of the
Company.

 

 

For further information please contact:

 

KRM22
plc
InvestorRelations@krm22.com

Keith Todd CBE, Executive Chairman

Stephen Casner, CEO

Kim Suter, CFO

 

finnCap Ltd (Nominated Adviser and Sole Broker)              +44
(0)20 7220 0500

Carl Holmes / George Dollemore

Alice Lane / 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  Options over ordinary Shares of 10 pence each
     Identification code                                          GB00BFM6WC61
 b)  Nature of the transaction                                    Issue of options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  63p       100,000
 d)  Aggregated information:

·      Aggregated volume                                    See 4c) above

     ·      Price
 e)  Date of the transaction                                      16 December 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume

·      Price

 

See 4c) above

e)

Date of the transaction

16 December 2022

f)

Place of the transaction

Outside a trading venue

 

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