KRM22 PLC Director/PDMR Shareholding (4035W)

TIDMKRM

RNS Number : 4035W

KRM22 PLC

16 April 2019

KRM22 plc

("KRM22" or the "Company")

Director/PDMR Shareholding

The Company has been notified that Stephen Casner, Chief Executive Officer USA and Executive Director of the Company, on 15 April 2019, acquired 1,000 Ordinary Shares at a price of 86 pence per share. Following this transaction, Mr Casner has an interest in 513,143 Ordinary Shares representing 2.81 per cent. of the entire issued share capital of the Company.

As announced on 3 April 2019, 129,412 Placing Shares in the Fundraising have been conditionally placed with finnCap, and admission of these shares is subject to and conditional on an order being placed in the market by Fidelity Investments on behalf of Mr Casner, to purchase the 129,412 Ordinary Shares at the Issue Price from finnCap. The above mentioned order is still pending execution and finalisation of delivery mechanics. A further announcement will be made when appropriate.

Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the Company's announcement on 3 April 2019 regarding the Fundraising, unless the context requires otherwise.

For further information please contact:

KRM22 plc

Keith Todd CBE, Executive Chairman and CEO

Karen Bach, COO

   finnCap Ltd (Nominated Adviser and Sole Broker)                           [phone] 

Carl Holmes / Kate Bannatyne / Matthew Radley

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 
            1    Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                             Stephen Casner 
                -------------------------------  ---------------------------------- 
            2.   Reason for the Notification 
                ------------------------------------------------------------------- 
 a)              Position/status                  Chief Executive Officer, USA 
                -------------------------------  ---------------------------------- 
 b)              Initial notification/Amendment   Initial notification 
                -------------------------------  ---------------------------------- 
 3.              Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                ------------------------------------------------------------------- 
 a)              Name                             KRM22 Plc 
                -------------------------------  ---------------------------------- 
 b)              LEI                              213800IBCSBLSLJ9OD78 
                -------------------------------  ---------------------------------- 
 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 10 pence each 
                  Financial instrument, 
                  type of instrument 
                 Identification code              GB00BFM6WC61 
                -------------------------------  ---------------------------------- 
 b)              Nature of the transaction        Purchase of Ordinary Shares 
                -------------------------------  ---------------------------------- 
 c)              Price(s) and volume(s)            Price(s)   Volume(s) 
                                                    86p        1,000 
                                                              ---------- 
                -------------------------------  ---------------------------------- 
 d)              Aggregated information:           See 4c) above 
                   *    Aggregated volume 
 
 
                   *    Price 
                -------------------------------  ---------------------------------- 
 e)              Date of the transaction          15 April 2019 
                -------------------------------  ---------------------------------- 
 f)              Place of the transaction         London Stock Exchange, AIM Market 
                                                   (XLON) 
                -------------------------------  ---------------------------------- 
 

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April 16, 2019 12:30 ET (16:30 GMT)