We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
K3 Capital Group Plc | LSE:K3C | London | Ordinary Share | GB00BF1HPD20 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 349.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMK3C
RNS Number : 7914I
K3 Capital Group PLC
06 April 2020
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 Tony Ford, Executive Vice Chairman of the Company, on 3 April 2020 gifted 500,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a valuation of GBP1.25 per Ordinary Share (the "Gift") to the Ford Family Foundation.
The Ford Family Foundation has been set up as a registered charity with the principal aim of delivering such charitable purposes (within the laws of England and Wales) as the Trustees may think fit through the provision of social investments and/or grants, coupled with an option to access business skills and expertise, to charities and not for profit organisations
Following the Gift, Tony Ford, together with his connected persons, total interest remains as 6,247,895 Ordinary Shares, representing 14.8 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: 020 7220 0500 Sole Broker) Jonny Franklin-Adams, Charlie Beeson (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.
Concert Party
Tony Ford, John Rigby, Andrew Melbourne, Simon Daniels, Matthew Clancy and Stuart Lees, together with their respective families and other connected persons are deemed to be acting in concert and regarded by the Takeover Panel to be members of the concert party detailed in the Company's admission document dated 6 April 2017 ("Admission Document") (the "Concert Party"). Following the Sale, the Concert Party will remain the holders in aggregate of not less than 30 per cent., but not more than 50 per cent. of the Company's issued share capital. Ordinarily, should any member of the Concert Party or any person acting in concert with any member of the Concert Party acquire an interest in any shares (excluding the exercise of existing options granted to Andrew Melbourne, detailed in the Company's Admission Document) which increases the percentage of shares carrying voting rights in such company in which the Concert Party (or any person acting in concert with the Concert Party) is interested, that person together with people acting in concert with that person will be required to make a general offer in cash to all shareholders in the Company, at the highest price paid by that person or any person acting in concert with that person for an interest in such shares within the preceding 12 months, for all the remaining equity share capital of that Company. However, in accordance with Note 11 on Rule 9.1 of the City Code on Takeovers and Mergers, if a person or a group of persons acting in concert carrying more than 30 per cent. of the voting rights of a company reduces its interest but not to less than 30 per cent, such person or persons may subsequently acquire an interest of up to one per cent. in further shares in the 12 months following the reduction without incurring an obligation to make a general offer.
The respective holdings of each Concert Party member (showing the resultant shareholdings of Tony Ford following the Gift) are outlined in the table below:
Director/PDMR Shareholding % Issued Share Capital Tony Ford and connected persons 6,247,895 14.80 ------------- --------------- John Rigby 7,597,895 18.00 ------------- --------------- Andrew Melbourne 464,802 1.10 ------------- --------------- Simon Daniels 2,535,100 6.01 ------------- --------------- Matthew Clancy 1,267,550 3.00 ------------- --------------- Stuart Lees 688,125 1.63 ------------- --------------- Total 18,801,367 44.54% ------------- --------------- 1. Details of the person discharging managerial responsibilities/person closely associated a) Name: Tony Ford - Executive Vice Chairman ----------------------------------------- -------------------------------------------- 2. Reason for the notification --------------------------------------------------------------------------------------- a) Position/status: PCA ----------------------------------------- -------------------------------------------- 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: Gift of Ordinary Shares ----------------------------------------- -------------------------------------------- c) Price(s) and volume(s): Price(s) Volume(s) n/a 500,000 ---------- ----------------------------------------- -------------------------------------------- d) Aggregated information: Single transaction as -- Aggregated volume: in 4 c) above Price(s) Volume(s) Value -- Price: n/a 500,000 GBP625,000 ---------- ----------- ----------------------------------------- -------------------------------------------- e) Date of the transaction: 03/04/2020 ----------------------------------------- -------------------------------------------- f) Place of the transaction: Off market ----------------------------------------- --------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
DSHBSGDSRXGDGGX
(END) Dow Jones Newswires
April 06, 2020 02:00 ET (06:00 GMT)
1 Year K3 Capital Chart |
1 Month K3 Capital Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions