K3 CAPITAL GROUP PLC
("K3", the "Group" and including its subsidiaries the "Company")
PDMR Shareholding, Exercise of Options and Issue of Shares
K3 Capital Group plc, a multi-disciplinary professional services firm providing advisory services to SMEs, announces that, on 08 February 2023, the Company issued and allotted 3,846,985 ordinary shares of 1 penny each in the Company ("Ordinary Shares") pursuant to the exercise of options and the exchange of Growth Shares for Ordinary Shares by certain employees of the Company, including Tony Ford, John Rigby, Andrew Melbourne and Carl Jackson. The allotment of the Ordinary Shares will become effective on the sanctioning of the Scheme at the Scheme Court Hearing which is expected to take place on 10 February 2023.
Admission and Total Voting Rights
Application has been made for the 3,846,985 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 10 February 2023. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission will be 77,350,449 Ordinary Shares. No Ordinary Shares are held in treasury. Accordingly, the figure of 77,350,449 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | Tony Ford | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status: | Executive Vice Chairman | ||||
| 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, type of instrument: Identification code: | Ordinary shares of 1 penny per share GB00BF1HPD20 | ||||
| b) | Nature of the transaction: | Exchange of Growth Shares for Ordinary Shares | ||||
| c) | Price(s) and volume(s): |
| ||||
| d) | Aggregated information: ·Aggregated volume: ·Price: | Single transaction as in 4 c) above | ||||
| e) | Date of the transaction: | 10 February 2023 | ||||
| f) | Place of the transaction: | Outside a trading venue | ||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | John Rigby | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status: | Chief Executive Officer | ||||
| 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, type of instrument: Identification code: | Ordinary shares of 1 penny per share GB00BF1HPD20 | ||||
| b) | Nature of the transaction: | Exchange of Growth Shares for Ordinary Shares | ||||
| c) | Price(s) and volume(s): |
| ||||
| d) | Aggregated information: ·Aggregated volume: ·Price: | Single transaction as in 4 c) above | ||||
| e) | Date of the transaction: | 10 February 2023 | ||||
| f) | Place of the transaction: | Outside a trading venue | ||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
| a) | Name: | Andrew Melbourne | ||||||||
| 2. | Reason for the notification | |||||||||
| a) | Position/status: | Chief Financial Officer | ||||||||
| 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, type of instrument: Identification code: | Ordinary shares of 1 penny per share GB00BF1HPD20 | ||||||||
| b) | Nature of the transaction: | Exercise of Options over Ordinary Shares and Exchange of Growth Shares for Ordinary Shares | ||||||||
| c) | Price(s) and volume(s): |
| ||||||||
| d) | Aggregated information: ·Aggregated volume: ·Price: |
208,510 N/A | ||||||||
| e) | Date of the transaction: | 10 February 2023 | ||||||||
| f) | Place of the transaction: | Outside a trading venue | ||||||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | Carl Jackson | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status: | Executive Director | ||||
| 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, type of instrument: Identification code: | Ordinary shares of 1 penny per share GB00BF1HPD20 | ||||
| b) | Nature of the transaction: | Exchange of Growth Shares for Ordinary Shares | ||||
| c) | Price(s) and volume(s): |
| ||||
| d) | Aggregated information: ·Aggregated volume: ·Price: | Single transaction as in 4 c) above | ||||
| e) | Date of the transaction: | 10 February 2023 | ||||
| f) | Place of the transaction: | Outside a trading venue | ||||
-Ends-
For further information, please contact:
| K3 Capital Group PLC John Rigby, Chief Executive Officer Andrew Melbourne, Chief Financial Officer | | |
|
Numis (Nominated Adviser and Corporate Broker) Stuart Skinner William Wickham |
+44 (0)20 7260 1000 | |
|
Alma PR Josh Royston Hilary Buchanan Sam Modlin |
+44 (0)20 3405 0205 | |
| | | |
About K3
K3 Capital Group plc (AIM:K3C) is a multi-disciplinary and complementary group providing specialist advisory services to SMEs, incorporating Business and Company Sales, Restructuring and Insolvency and Tax Advisory services. The Group floated on the London Stock Exchange's Alternative Investment Market (AIM) in April 2017.
Services provided by the Group fall into three key operating divisions:
Business Sales Division:
· Company sales and business brokerage
· Corporate finance services
· Transaction services
· Debt advisory
Tax Division:
· Research and development tax credit advisory
· Tax investigations
· Tax planning
· Tax advisory
Restructuring Division:
· Restructuring advisory
· Financial advisory
· Creditor services
· Forensic accounting and expert witness
· Pensions advisory
· Accelerated M&A
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