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KAPE Kape Technologies Plc

285.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kape Technologies Plc LSE:KAPE London Ordinary Share IM00BQ8NYV14 ORD USD0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 285.00 279.00 285.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Kape Technologies PLC Form 8 (OPD) Kape Technologies plc (1720R)

27/02/2023 11:56am

UK Regulatory


Kape Technologies (LSE:KAPE)
Historical Stock Chart


From Jul 2022 to Jul 2024

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TIDMKAPE

RNS Number : 1720R

Kape Technologies PLC

27 February 2023

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

   1.         KEY INFORMATION 
 
 (a) Full name of discloser:                                                                    Kape Technologies plc 
 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):    N/A 
  The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), 
  settlor and beneficiaries must be named. 
                                                                                               ---------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:        Kape Technologies plc 
  Use a separate form for each offeror/offeree 
                                                                                               ---------------------- 
 (d) Is the discloser the offeror or the offeree?                                               OFFEREE 
                                                                                               ---------------------- 
 (e) Date position held:                                                                        27 February 2023 
  The latest practicable date prior to the disclosure 
                                                                                               ---------------------- 
 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect   N/A 
  of any other party to the offer? 
  If it is a cash offer or possible cash offer, state "N/A" 
                                                                                               ---------------------- 
 
   2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 
 Class of relevant security:                                                     Ordinary shares of USD0.0001 
                                                                                     Interests        Short positions 
                                                                                ------------------  ------------------ 
                                                                                    Number      %       Number      % 
                                                                                -------------  ---  -------------  --- 
 (1) Relevant securities owned and/or controlled:                                    Nil        -        Nil        - 
                                                                                -------------  ---  -------------  --- 
 (2) Cash-settled derivatives:                                                       Nil        -        Nil        - 
                                                                                -------------  ---  -------------  --- 
 (3) Stock-settled derivatives (including options) and agreements to                 Nil        -        Nil        - 
 purchase/sell: 
                                                                                -------------  ---  -------------  --- 
                                                                                     Nil        -        Nil        - 
   TOTAL: 
                                                                                -------------  ---  -------------  --- 
 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

   (b)        Rights to subscribe for new securities 
 
 Class of relevant security in relation to which subscription right exists:    None 
 Details, including nature of the rights concerned and relevant percentages:   N/A 
                                                                              ----- 
 
   3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE 
 
 Details of any interests, short positions and rights to subscribe (including directors' and 
  other employee options) of any person acting in concert with the party to the offer making 
  the disclosure: 
 
        a) Holdings of ordinary shares by the independent directors of Kape Technologies plc (the 
        "Company") and their close relatives: 
         Name                 Number of          % of total issued 
                               Ordinary Shares    share capital 
                               held 
         Ido Erlichman                 550,000               0.12% 
                             -----------------  ------------------ 
         Oded Baskind                   15,100               0.00% 
                             -----------------  ------------------ 
         Daniel Pomerantz*          25,375,642               5.92% 
                             -----------------  ------------------ 
         Don Elgie                     122,031               0.02% 
                             -----------------  ------------------ 
         Martin Blair                   57,750               0.01% 
                             -----------------  ------------------ 
         David Cotterell               202,544               0.04% 
                             -----------------  ------------------ 
 
 
        * The holdings, and options, of Daniel Pomerantz are disclosed in RNS number 9083P, released 
        on 14 February 2023. 
         Name            Number of Ordinary Shares       % of total issued 
                          subject to Jointly Owned        share capital carrying 
                          Equity Awards ("JOE Awards")    voting rights 
                          ** 
         Ido Erlichman   3,400,000                       N/A 
                        ------------------------------  ------------------------ 
         Oded Baskind    600,000                         N/A 
                        ------------------------------  ------------------------ 
 
 
        **The Company's employee benefit trust ("EBT"), of which Intertrust Employee Benefit Trustee 
        Limited (the "Trustee") is trustee, holds the 4,000,000 ordinary shares in the Company in 
        respect of the above JOE Awards. The JOE Awards are subject to certain performance metrics. 
        Ordinary shares held by the EBT, under the rules of the EBT, are not voted. 
 
        b) The directors of the Company have the following rights to subscribe for the following relevant 
        Kape Technologies plc securities: 
         Name            Date of       Vesting period               Exercise   No. of 
                          grant                                      price      options 
                                                                     (p)        outstanding 
                                       25% vest on the 
                                        first anniversary 
                                        of the date of grant 
                                        and the remainder 
                                        in quarterly instalments 
                                        thereafter with 
                                        the final instalment 
                                        vesting on the 4th 
                                        anniversary of the 
         Oded Baskind     21/05/2019    date of grant                   0.85         18,750 
                        ------------  ---------------------------  ---------  ------------- 
                                       25% vest on the 
                                        first anniversary 
                                        of the date of grant 
                                        and the remainder 
                                        in quarterly instalments 
                                        thereafter with 
                                        the final instalment 
                                        vesting on the 4th 
                                        anniversary of the 
         Oded Baskind     22/03/2021    date of grant                   2.15        250,000 
                        ------------  ---------------------------  ---------  ------------- 
                                       412,000 vest on 
                                        14 March 2023 and 
                                        the remainder in 
                                        quarterly instalments 
                                        thereafter with 
                                        the final instalment 
                                        vesting on 15 December 
                                        2023, in each case 
         Daniel                         subject to certain               Nil 
          Pomerantz       15/09/2022    performance metrics.            cost        721,000 
                        ------------  ---------------------------  ---------  ------------- 
 
 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

   4.         OTHER INFORMATION 
   (a)        Indemnity and other dealing arrangements 
 
 Details of any indemnity or option arrangement, or any agreement or understanding, formal 
  or informal, relating to relevant securities which may be an inducement to deal or refrain 
  from dealing entered into by the party to the offer making the disclosure or any person acting 
  in concert with it: 
  Irrevocable commitments and letters of intent should not be included. If there are no such 
  agreements, arrangements or understandings, state "none" 
 
   None 
 
   (b)        Agreements, arrangements or understandings relating to options or derivatives 
 
 Details of any agreement, arrangement or understanding, formal or informal, between the party 
  to the offer making the disclosure, or any person acting in concert with it, and any other 
  person relating to: 
  (i) the voting rights of any relevant securities under any option; or 
  (ii) the voting rights or future acquisition or disposal of any relevant securities to which 
  any derivative is referenced: 
  If there are no such agreements, arrangements or understandings, state "none" 
 
   None 
 
   (c)        Attachments 

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   NO 
 Supplemental Form 8 (SBL)              NO 
                                       --- 
 
 
 Date of disclosure:   27 February 2023 
 Contact name:         Oded Baskind, Chief Financial Officer 
                      ------------------------------------------ 
 Telephone number:     via Vigo Consulting ; +44 (0)20 7390 0237 
                      ------------------------------------------ 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

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.

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END

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February 27, 2023 06:56 ET (11:56 GMT)

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