K3 Business Technology Group PLC Director/PDMR Shareholding (3806D)

TIDMKBT

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 GBP1.37 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     Adalsteinn Valdimarsson,  T: 0161 876 4498 
  Group plc                                      CEO 
                                      Rob Price, CFO 
finnCap Limited (NOMAD   Julian Blunt/James Thompson  T: 020 7220 0500 
 & Broker)                       (Corporate Finance) 
                           Camille Gochez (Corporate 
                                            Broking) 
KTZ Communications              Katie Tzouliadis/Dan  T: 020 3178 6378 
                                             Mahoney 
 
 
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                     Initial Notification 
     / amendment 
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             ordinary shares of 25p each 
     instrument 
     Identification code                      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                   n/a 
     Aggregated volume Price 
e)  Date of the transaction                  14 February 2020 
f)  Place of the transaction                 London Stock Exchange, AIM Market (XLON) 
 

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February 18, 2020 10:10 ET (15:10 GMT)