Director Dealing

RNS Number : 5938P

Kape Technologies PLC

11 June 2020

 

11 June 2020

Kape Technologies plc

("Kape," or the "Company")

Director Dealing

Kape (AIM: KAPE), the digital security and privacy software business, was notified on 10 June 2020 that Theodore Kim, Head of North America and Non-Executive Director of Kape, sold 400,000 ordinary shares of $0.0001 each in the Company ("Ordinary Shares") at a price of 175p per share, to settle certain personal tax liabilities in relation to the PIA acquisition.

Following this transaction, Mr. Kim now holds 227,957 Ordinary Shares, representing 0.14% of the current share capital of the Company. Mr Kim is also due to be issued a further 1,254,872 Ordinary Shares on the first anniversary of the completion of the acquisition of Private Internet Access (December 2020) and 418,290 shares to be issued on the second anniversary of completion (December 2021).

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mr. Theodore Kim
2	Reason for the notification
a)	Position/status	Non-Executive Director
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	Sale
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.75 400,00
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	10 June 2020
f)	Place of the transaction	London Stock Exchange

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 (Corporate Advisory) Henry Willcocks (Corporate Broking)	[phone]
N+1 Singer  (Joint Broker) Harry Gooden / George Tzimas	[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 focusses on protecting consumers and their personal data as they go about their daily digital lives.

To date, Kape has over 2 million paying subscribers, supported by a team of over 350 people across eight locations worldwide. Kape has a proven track record of revenue and EBITDA growth, underpinned by a strong business model which leverages our digital marketing expertise.

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

www.kape.com

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