Director/PDMR Shareholding

RNS Number : 3806D

K3 Business Technology Group PLC

18 February 2020

 

 

AIM: KBT

18 February 2020

K3 Business Technology Group plc

("K3" or "Company")

PDMR Announcement

K3, which provides mission‐critical business software, cloud solutions and managed services, has received notification that Viti ehf. (a company controlled by Adalsteinn Valdimarsson, CEO of the Company) has purchased 30,000 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") at a price of £1.37 per Ordinary Share (the "Purchase"). Following the Purchase Mr. Valdimarsson is now interested in 101,429 Ordinary Shares representing 0.236% of the total voting rights of the Company with all shares held by Viti ehf.

The Company makes the below announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014) in respect of the Purchase:

Enquiries:

K3 Business Technology Group plc	Adalsteinn Valdimarsson, CEO Rob Price, CFO	T: 0161 876 4498
finnCap Limited (NOMAD & Broker)	Julian Blunt/James Thompson (Corporate Finance) Camille Gochez (Corporate Broking)	T: 020 7220 0500
KTZ Communications	Katie Tzouliadis/Dan Mahoney	T: 020 3178 6378

1.	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Adalsteinn Valdimarsson
2.	Reason for notification
b)	Position / status	Chief Executive Officer
c)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	K3 Business Technology Group plc
c)	LEI	213800QOJ9OF2AV81748
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  Identification code	ordinary shares of 25p each  GB00B00P6061
b)	Nature of the transaction	Acquisition of ordinary shares of 25p each
c)	Price(s) and volume(s)	Volume: 30,000 Price: 137p per Ordinary Share
d)	Aggregated information Aggregated volume Price	n/a
e)	Date of the transaction	14 February 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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