Kromek Group PLC PDMR Dealings (7781Q)

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RNS Number : 7781Q

Kromek Group PLC

02 March 2021

2 March 2021

Kromek Group plc

("Kromek" or the "Company")

PDMR Dealings

As set out in the Circular dated 12 February 2021 and the announcement made on 1 March 2021 (RNS: 7457Q), certain of the Directors of the Company indicated their intention to participate in the Transaction. Following completion of the Transaction and on Admission, their interests will be as follows:

 
                                                                                                                  Number of     Percentage 
                                              Number of     Value of                                               Ordinary    of Ordinary 
                                               Ordinary      Placing   Number of      Number of                 Shares held    Shares held 
                                                 Shares     and Open     Placing     Directors'                   following      following 
                                              held as a        Offer   Shares to   Subscription                    the Firm       the Firm 
                                             percentage     intended          be   Shares to be    Number of       Placing,       Placing, 
                                 Number of       of the        to be     applied     subscribed   Open Offer     Directors'     Directors' 
                                  Ordinary     Existing   subscribed      for in     for in the       Shares   Subscription   Subscription 
                                    Shares     Ordinary          for    the Firm     Directors'   subscribed       and Open            and 
 Name           Role                  held       Shares        (GBP)     Placing   Subscription          for          Offer     Open Offer 
 Rakesh 
  Sharma        Chairman           178,454         0.05       19,988           -        133,250            -        311,704           0.07 
               ---------------  ----------  -----------  -----------  ----------  -------------  -----------  -------------  ------------- 
 Arnab 
  Basu          CEO              2,972,000         0.86        2,513           -         16,750            -      2,988,750           0.69 
               ---------------  ----------  -----------  -----------  ----------  -------------  -----------  -------------  ------------- 
 Paul 
  Farquhar      CFO                      -            -        9,975   66,500(1)              -            -         66,500           0.02 
               ---------------  ----------  -----------  -----------  ----------  -------------  -----------  -------------  ------------- 
 Lawrence       Non-Executive 
  Kinet          Director          300,000         0.09        7,500           -         50,000            -        350,000           0.08 
               ---------------  ----------  -----------  -----------  ----------  -------------  -----------  -------------  ------------- 
 Christopher    Non-Executive 
  Wilks          Director          175,000         0.05          442           -              -        2,941        177,941           0.04 
               ---------------  ----------  -----------  -----------  ----------  -------------  -----------  -------------  ------------- 
 

(1) Includes subscriptions by family, as defined in the AIM rules for Companies.

Capitalised terms used, but not defined, in this announcement have the same meaning as set out in the Circular.

For further information, please contact:

 
 Kromek Group plc 
 Arnab Basu, CEO 
  Paul Farquhar, CFO                         [phone] 
 Cenkos Securities plc (Nominated Adviser 
  and Broker) 
 Max Hartley/Camilla Hume (NOMAD) 
  Julian Morse (Sales)                       [phone] 
 Luther Pendragon (PR) 
 Harry Chathli/Claire Norbury/Joe Quinlan    [phone] 
 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                      1. Rakesh Sharma 
                                                 2. Arnab Basu 
                                                 3. Paul Farquhar 
                                                 4. Caroline Farquhar 
                                                 5. Lawrence Kinet 
                                                 6. Christopher Wilks 
     -----------------------  ---------------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------- 
 a)   Position/status                           1. Rakesh Sharma (Non-executive Chairman) 
                                                 2. Arnab Basu (CEO) 
                                                 3. Paul Farquhar (CFO) 
                                                 4. Caroline Farquhar (PCA to CFO) 
                                                 5. Lawrence Kinet (Non-executive Director) 
                                                 6. Christopher Wilks (Non-executive Director) 
     -----------------------  ---------------------------------------------------------------- 
 b)   Initial notification     Initial Notification 
       /Amendment 
     -----------------------  ---------------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer, or auction monitor 
     ----------------------------------------------------------------------------------------- 
 a)   Name                     Kromek Group plc 
     -----------------------  ---------------------------------------------------------------- 
 b)   LEI                      213800VLHYXGHEX5VQ48 
     -----------------------  ---------------------------------------------------------------- 
 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              Ordinary Shares of 1p each in the capital 
       of the financial         of the Company 
       instrument, 
       type of instrument 
     -----------------------  ---------------------------------------------------------------- 
 b)   Identification           GB00BD7V5D43 
       code 
     -----------------------  ---------------------------------------------------------------- 
 c)   Nature of the            Purchase of ordinary shares 
       transaction 
     -----------------------  ---------------------------------------------------------------- 
 d)   Price and volumes             All shares were purchased at 15p per share 
                                     as follows: 
                                     1. Rakesh Sharma - 133,250 shares 
                                     2. Arnab Basu - 16,750 shares 
                                     3. Paul Farquhar - 33,250 shares 
                                     4. Caroline Farquhar - 33,250 shares 
                                     5. Lawrence Kinet - 50,000 shares 
                                     6. Christopher Wilks - 2,941 shares 
     -----------------------  ---------------------------------------------------------------- 
 e)   Aggregated information    See above 
       - Aggregated 
       volume 
       - Price 
     -----------------------  ---------------------------------------------------------------- 
 f)   Date of the              2 March 2021 
       transaction 
     -----------------------  ---------------------------------------------------------------- 
 g)   Place of the             London Stock Exchange 
       transaction 
     -----------------------  ---------------------------------------------------------------- 
 

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March 02, 2021 03:30 ET (08:30 GMT)