Kape Technologies PLC Director Dealing (9980Q)

TIDMKAPE

RNS Number : 9980Q

Kape Technologies PLC

25 June 2020

25 June 2020

Kape Technologies plc

("Kape," or the "Company")

Director Dealing

Kape (AIM: KAPE), the digital security and privacy software business, was notified on 24 June 2020 that Ted Kim, Head of North America and Non-Executive Director of Kape, sold 127,597 ordinary shares of $0.0001 each in the Company ("Ordinary Shares") at a price of 200p per share, to settle certain personal tax liabilities in relation to the PIA acquisition.

Following this transaction, Mr. Kim now holds 100,000 Ordinary Shares, representing 0.06% of the current share capital of the Company. Mr Kim is also due to be issued a further 1,254,872 Ordinary Shares on the first anniversary of the completion of the acquisition of Private Internet Access (December 2020) and 418,290 shares to be issued on the second anniversary of completion (December 2021).

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Mr. Theodore Kim 
     --------------------------  ------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status             Non-Executive Director 
     --------------------------  ------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                        Kape Technologies plc 
     --------------------------  ------------------------------------- 
 b)   LEI                         213800GTF3PYCXPXET67 
     --------------------------  ------------------------------------- 
 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          Ordinary Shares of $0.0001 par value 
       financial instrument,       each 
       type of instrument 
 
       Identification code 
                                   ISIN: IM00BQ8NYV14 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Sale 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP2.00     127,597 
     --------------------------  ------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     24 June 2020 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------- 
 

Enquiries

 
 Kape Technologies plc                                 via Vigo Communications 
  Ido Erlichman, Chief Executive Officer 
  Moran Laufer, Chief Financial Officer 
 Shore Capital (Nominated Adviser & Broker) 
  Mark Percy / Toby Gibbs / James Thomas (Corporate 
  Advisory) 
  Henry Willcocks (Corporate Broking)                  [phone] 
 N+1 Singer (Joint Broker) 
  Harry Gooden / George Tzimas                         [phone] 
 Vigo Communications (Financial Public Relations) 
  Jeremy Garcia / Antonia Pollock 
  [e-mail]                                   [phone] 
 

About Kape

Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focusses on protecting consumers and their personal data as they go about their daily digital lives.

To date, Kape has over 2 million paying subscribers, supported by a team of over 350 people across eight locations worldwide. Kape has a proven track record of revenue and EBITDA growth, underpinned by a strong business model which leverages our digital marketing expertise.

Through our subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards capitalising on the vast global consumer digital privacy market.

www.kape.com

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June 25, 2020 02:00 ET (06:00 GMT)