PDMR Dealings

RNS Number : 0365U

Kape Technologies PLC

31 March 2021

 

31 March 2021

Kape Technologies plc

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

PDMR Dealings

Kape (AIM: KAPE), the consumer-focused digital privacy and security business, announces the following dealings by PDMRs.

Pursuant to the completion of the acquisition of Webselenese Ltd. ("Webselenese"), 12,123,769 ordinary shares of US$0.0001 each ("Ordinary Shares") have today been issued to the founders and certain senior members of staff of Webselenese (the "Consideration Shares").

Ran Greenberg and Ariel Hochstadt, the founders of Webselenese, have each been issued 5,579,027 Ordinary Shares . Two senior members of staff at Webselenese, have also been allotted 608,572 and 357,143 Ordinary Shares respectively as retention payments, out of the Consideration Shares.

As announced on 8 March 2021, Ran Greenberg and Ariel Hochstadt have also both used part of the cash consideration proceeds from the sale of Webselenese to acquire Ordinary Shares in the market. On 30 March 2021, Ran Greenberg purchased 168,000 Ordinary Shares at a price of 288 pence per share. On 30 March 2021, Ariel Hochstadt also purchased 168,000 Ordinary Shares at a price of 288 pence per share.

Following the issue of the Consideration Shares and the purchase of Ordinary Shares on 30 March 2021, the holdings of Messrs Greenberg and Hochstadt are as follows:

	Ordinary Shares held	% of total voting rights held
Ran Greenberg	5,747,027	2.58%
Ariel Hochstadt	5,747,027	2.58%

Enquiries:

Kape Technologies plc Ido Erlichman, Chief Executive Officer Moran Laufer, Chief Financial Officer	via Vigo Communications
Shore Capital  (Nominated Adviser & Broker) Mark Percy / Toby Gibbs / James Thomas / Michael McGloin	[phone]
Stifel Nicolaus Europe Limited   (Joint Broker) Alex Price / Brad Topchik / Alain Dobkin /   Richard Short	[phone]
Vigo Communications   (Financial Public Relations) Jeremy Garcia / Antonia Pollock [e-mail]	[phone]

About Kape

Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focuses on protecting consumers and their personal data as they go about their daily digital lives.

To date, Kape has over 2.5 million paying subscribers, supported by a team of over 360 people across eight locations worldwide.

Through its subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards serving the vast global consumer digital privacy market.

www.kape.com    

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1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr. Ran Greenberg
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kape Technologies plc
b)	LEI	213800GTF3PYCXPXET67
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 Identification code	Ordinary Shares of $0.0001 par value each ISIN: IM00BQ8NYV14
b)	Nature of the transaction	Share Consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.915 5,579,027
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	31 March 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr. Ran Greenberg
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kape Technologies plc
b)	LEI	213800GTF3PYCXPXET67
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 Identification code	Ordinary Shares of $0.0001 par value each ISIN: IM00BQ8NYV14
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.88 168,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	30 March 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr. Ariel Hochstadt
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kape Technologies plc
b)	LEI	213800GTF3PYCXPXET67
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 Identification code	Ordinary Shares of $0.0001 par value each ISIN: IM00BQ8NYV14
b)	Nature of the transaction	Share Consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.915 5,579,027
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	31 March 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr. Ariel Hochstadt
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Kape Technologies plc
b)	LEI	213800GTF3PYCXPXET67
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 Identification code	Ordinary Shares of $0.0001 par value each ISIN: IM00BQ8NYV14
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.88 168,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	30 March 2021
f)	Place of the transaction	London Stock Exchange

 

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