Director/PDMR Shareholding

RNS Number : 4035W

KRM22 PLC

16 April 2019

 

KRM22 plc

("KRM22" or the "Company")

Director/PDMR Shareholding

The Company has been notified that Stephen Casner, Chief Executive Officer USA and Executive Director of the Company, on 15 April 2019, acquired 1,000 Ordinary Shares at a price of 86 pence per share. Following this transaction, Mr Casner has an interest in 513,143 Ordinary Shares representing 2.81 per cent. of the entire issued share capital of the Company.

As announced on 3 April 2019, 129,412 Placing Shares in the Fundraising have been conditionally placed with finnCap, and admission of these shares is subject to and conditional on an order being placed in the market by Fidelity Investments on behalf of Mr Casner, to purchase the 129,412 Ordinary Shares at the Issue Price from finnCap. The above mentioned order is still pending execution and finalisation of delivery mechanics. A further announcement will be made when appropriate.

Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the Company's announcement on 3 April 2019 regarding the Fundraising, unless the context requires otherwise.

For further information please contact:

KRM22 plc                                                                                                         

Keith Todd CBE, Executive Chairman and CEO

Karen Bach, COO

finnCap Ltd (Nominated Adviser and Sole Broker)                           [phone]

Carl Holmes / Kate Bannatyne / Matthew Radley

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Casner
2.	Reason for the Notification
a)	Position/status	Chief Executive Officer, USA
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	Ordinary Shares of 10 pence each
	Identification code	GB00BFM6WC61
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 86p 1,000
d)	Aggregated information: ·     Aggregated volume ·     Price	See 4c) above
e)	Date of the transaction	15 April 2019
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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