REG - Kromek Group PLC - Director Share Purchase

KromekAnnouncement

16/05/2022 12:15

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RNS Number : 6349L  Kromek Group PLC  16 May 2022

16 May 2022

 

Kromek Group plc

("Kromek" or the "Group")

 

Director Share Purchase

 

Kromek (AIM: KMK), a leading developer of radiation and bio-detection
technology solutions for the advanced imaging and CBRN detection segments,
announces that Rakesh Sharma, Non-Executive Chairman, has today purchased
338,344 ordinary shares of 1 pence each in the Group ("Ordinary Shares") at a
price of 8.87 pence per Ordinary Share.

 

Following this purchase, Mr Sharma has an interest in 807,539 Ordinary Shares,
representing 0.19% of the issued share capital of the Group.

 

For further information, please contact:

 

 Kromek Group plc
 Arnab Basu, CEO                                                 +44 (0)1740 626 060

 Paul Farquhar, CFO

 finnCap Ltd (Nominated Adviser and Broker)
 Geoff Nash/Kate Bannatyne/George Dollemore - Corporate Finance  +44 (0)20 7220 0500
 Tim Redfern/Charlotte Sutcliffe - ECM

 Luther Pendragon (Financial PR)
 Harry Chathli/Claire Norbury                                    +44 (0)20 7618 9100

 

About Kromek Group plc

Kromek Group plc is a leading developer of radiation detection and
bio-detection technology solutions for the advanced imaging and CBRN detection
segments. Headquartered in County Durham, UK, Kromek has manufacturing
operations in the UK and US, delivering on the vision of enhancing the quality
of life through innovative detection technology solutions.

 

The advanced imaging segment comprises the medical (including CT and SPECT),
security and industrial markets. Kromek provides its OEM customers with
detector components, based on its core cadmium zinc telluride (CZT) platform,
to enable better detection of diseases such as cancer and Alzheimer's,
contamination in industrial manufacture and explosives in aviation settings.

 

In CBRN detection, the Group provides nuclear radiation detection solutions to
the global homeland defence and security market. Kromek's compact, handheld,
high-performance radiation detectors, based on advanced scintillation
technology, are primarily used to protect critical infrastructure and urban
environments from the threat of 'dirty bombs'.

 

The Group is also developing bio-security solutions in the CBRN detection
segment. These consist of fully automated and autonomous systems to detect a
wide range of airborne pathogens.

 

Kromek is listed on AIM, a market of the London Stock Exchange, under the
trading symbol 'KMK'.

Further information is available at www.kromek.com (http://www.kromek.com) .

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

The Group makes the following disclosures in accordance with article 19(3) of
the Market Abuse Regulation:

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Rakesh Sharma
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Chairman
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Kromek Group plc
 b)   LEI                                                          213800VLHYXGHEX5VQ48
 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 of 1p each

      Identification code

                                                                   GB00BD7V5D43
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                       Price(s)    Volume(s)

                                                            8.87 pence  338,344

 
 d)   Aggregated information

      - Aggregated volume                                           N/A

- Price
 e)   Date of the transaction                                      16 May 2022
 f)   Place of the transaction                                     London Stock Exchange

 

d)

Aggregated information

- Aggregated volume

- Price

 

 N/A

e)

Date of the transaction

16 May 2022

f)

Place of the transaction

London Stock Exchange

 

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