Kromek Group PLC Director/PDMR Shareholding (7272E)

TIDMKMK

RNS Number : 7272E

Kromek Group PLC

20 July 2016

20 July 2016

Kromek Group plc

("Kromek" or the "Company")

Director/PDMR Shareholding

Kromek (AIM: KMK), a radiation detection technology company focusing on the medical, security and nuclear markets, announces that it has today received notification that Dr. Arnab Basu, Chief Executive Officer of the Company, today exercised options over 800,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") pursuant to the EMI share option scheme.

Following the purchase, Dr. Basu has an interest in 2,872,000 Ordinary Shares representing 1.89% of the entire current issued share capital of the Company.

Enquiries

 
 Kromek Group plc 
 Arnab Basu, CEO                   +44 (0)1740 
  Derek Bulmer, CFO                 626 060 
 
 Cenkos Securities plc 
 Bobbie Hilliam (NOMAD)            [phone] 
  Julian Morse (Sales)              8900 
 
 Luther Pendragon Ltd 
 Harry Chathli, Claire Norbury,    [phone] 
  Alexis Gore                       9100 
 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014. The information set out below is provided in accordance with the requirements of Article 19(3) of that Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Name                       Dr Arnab Basu 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Chief Executive Officer 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Kromek Group plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        N/a 
---  -------------------------  ------------------------------- 
 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             Ordinary Shares of 1p each 
       the financial 
       instrument, type 
       of instrument 
 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Exercise of options over 
       transaction                Ordinary Shares 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price(s)          Volume(s) 
                                   ----------------  ---------- 
                                    1.5p (exercise 
                                     price)           800,000 
                                   ----------------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         800,000 
 
 
       - Price                     1.5p (exercise price) 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    20 July 2016 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   N/a 
---  -------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 20, 2016 05:06 ET (09:06 GMT)