Kromek Group PLC Director/PDMR Shareholding (1743T)

TIDMKMK

RNS Number : 1743T

Kromek Group PLC

10 October 2017

10 October 2017

Kromek Group plc

("Kromek" or the "Company" or the "Group")

Director/PDMR Shareholdings

Kromek (AIM: KMK), a radiation detection technology company focusing on the medical, security and nuclear markets, announces that it has received notification of the following purchases by Directors of Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company:

 
                                                           Number        Price         Number     Percentage 
                                                      of Ordinary     at which    of Ordinary       of share 
                                                           Shares     Ordinary         Shares        capital 
                                                        purchased       Shares           held           held 
                                              Date         in the         were           post           post 
 Director        Position           of transaction    transaction    purchased    transaction    transaction 
 
                 Chief 
                  Financial              9 October 
 Derek Bulmer     Officer                     2017         36,066        24.4p        100,000          0.04% 
 
 Lawrence        Non-executive           4 October 
  Kinet           Director                    2017         50,000        23.5p        250,000          0.10% 
 

Enquiries:

 
                                   [phone] 
 Kromek Group plc                   060 
 Arnab Basu, CEO 
  Derek Bulmer, CFO 
 
 Cenkos Securities plc             [phone] 
 Bobbie Hilliam (NOMAD) 
  Julian Morse (Sales) 
 
 Luther Pendragon Ltd              [phone] 
 Harry Chathli, Claire Norbury, 
  Alexis Gore 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                       Derek Bulmer 
---  -------------------------  ---------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status            Chief Financial 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              GB00BD7V5D43 
       Identification 
       code 
---  -------------------------  ---------------------------- 
 b)   Nature of the              Purchase of Ordinary Shares 
       transaction 
---  -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    24.4p      36,066 
                                   ---------  ---------- 
---  -------------------------  ---------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                   36,066 Ordinary Shares 
 
       - Price 
                                   24.4p per Ordinary Share 
---  -------------------------  ---------------------------- 
 e)   Date of the transaction    9 October 2017 
---  -------------------------  ---------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                       Lawrence Kinet 
---  -------------------------  ---------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status            Non-Executive Director 
---  -------------------------  ---------------------------- 
 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              GB00BD7V5D43 
       Identification 
       code 
---  -------------------------  ---------------------------- 
 b)   Nature of the              Purchase of Ordinary Shares 
       transaction 
---  -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    23.5p      50,000 
                                   ---------  ---------- 
---  -------------------------  ---------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume 
                                   50,000 Ordinary Shares 
 
       - Price 
                                   23.5p per Ordinary Share 
---  -------------------------  ---------------------------- 
 e)   Date of the transaction    4 October 2017 
---  -------------------------  ---------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ---------------------------- 
 

About Kromek Group plc

Kromek Group plc is a UK technology Group (global HQ in County Durham) and a leading developer of high performance radiation detection products based on cadmium zinc telluride ("CZT") and other advanced technologies. Using its core technology platforms, Kromek designs, develops and produces x-ray and gamma ray imaging and radiation detection products for the medical, security screening and nuclear markets.

The Group's products provide high resolution information on material composition and structure and are used in multiple applications, ranging from the identification of cancerous tissues to hazardous materials, such as explosives, and the analysis of radioactive materials.

The Group's business model provides a vertically integrated technology offering to customers, from radiation detector materials to finished products or detectors, including software, electronics and application specific integrated circuits ("ASICs").

The Group has operations in the UK and US (California and Pennsylvania), and is selling internationally through a combination of distributors and direct OEM sales.

Currently, the Group has over one hundred full time employees across its global operations. Further information on Kromek Group is available at www.kromek.com and https://twitter.com/kromekgroup.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 10, 2017 04:50 ET (08:50 GMT)