K3 Capital Group PLC Director/PDMR Shareholding (6273F)

TIDMK3C

RNS Number : 6273F

K3 Capital Group PLC

10 March 2020

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

K3 CAPITAL GROUP PLC

("K3", the "Company" and including its subsidiaries, the "Group")

Director/PDMR Dealing

K3 Capital Group plc, a leading business and company sales specialist in the UK, announces that Ian Mattioli, Non-Executive Chairman of the Company, has today purchased 8,522 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a price of 179 pence per Ordinary Share (the "Purchase").

Following the Purchase, Ian Mattioli, together with his connected persons, has a total interest over 683,794 Ordinary Shares, representing 1.62 per cent. of the Company's issued share capital.

-ENDS-

For further information please contact:

 
 K3 Capital Group plc                        Tel: c/o finnCap 020 
                                              7220 0500 
 John Rigby, Chief Executive Officer         www.k3capitalgroupplc.com 
 Andrew Melbourne, Chief Financial Officer 
 
 finnCap Ltd (Nominated Adviser and          Tel: [phone] 
  Sole Broker) 
 Jonny Franklin-Adams, Anthony Adams (Corporate Finance) 
 Tim Redfern, Richard Chambers (Corporate 
  Broking) 
 
 

About K3 Capital

K3 Capital Group plc is a leading business sales and brokerage firm headquartered in Bolton with operations throughout the UK. It acts for vendors of businesses from c. GBP50,000 to c. GBP200 million through its three trading subsidiaries Knightsbridge, KBS Corporate, and KBS Corporate Finance. K3, through its trading subsidiaries, has received a number of adviser awards, most recently achieving the number 1 position in the 2019 Refinitiv Mid-Market M&A Review.

K3 Capital operates a disruptive business model with a direct marketing approach to client acquisition, using incentivised and experienced salespeople rather than advisory teams, while its highly visible online presence and proprietary online business valuation portal generates further leads. This innovative model, combined with a continuing strategy towards targeting higher value clients, are key drivers for growth and profitability.

The Group also offers all clients fully contingent and inclusive legal fees through its partner relationships with local and national law firms.

K3 Capital Group trades on the London Stock Exchange (AIM: K3C.L), having listed on 11 April 2017. Please visit www.k3capitalgroupplc.com for more information.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                      Ian Mattioli - Non-Executive 
                                                  Chairman 
     -----------------------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------------------------- 
 a)   Position/status:                           Director 
     -----------------------------------------  -------------------------------------------- 
 b)   Initial notification/Amendment:            Initial Notification 
     -----------------------------------------  -------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------------------- 
 a)   Name:                                      K3 Capital Group plc 
     -----------------------------------------  -------------------------------------------- 
 b)   LEI:                                       21380043EWYIWISOAN87 
     -----------------------------------------  -------------------------------------------- 
 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,   Ordinary shares of 1 
       type of instrument:                        penny per share 
       Identification code:                       GB00BF1HPD20 
     -----------------------------------------  -------------------------------------------- 
 b)   Nature of the transaction:                 Purchase of Ordinary 
                                                  Shares 
     -----------------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s):                      Price(s)    Volume(s) 
                                                    GBP1.79     8,522 
                                                               ---------- 
     -----------------------------------------  -------------------------------------------- 
 d)   Aggregated information:                    Single transaction as 
       -- Aggregated volume:                      in 4 c) above Price(s)   Volume(s)   Value 
       -- Price:                                   GBP1.79    8,522       GBP15,254.38 
                                                             ----------  ------------- 
     -----------------------------------------  -------------------------------------------- 
 e)   Date of the transaction:                   10/03/2020 
     -----------------------------------------  -------------------------------------------- 
 f)   Place of the transaction:                  London Stock Exchange, 
                                                  AIM (XLON) 
     -----------------------------------------  -------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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March 10, 2020 10:00 ET (14:00 GMT)