KRM22 plc
("KRM22", the "Group" and the "Company")
Director Dealing
KRM22 plc (AIM: KRM.L), the technology and software company focused on risk management in capital markets, was notified today of the following transfer in its ordinary shares of 10 pence each ("Ordinary Shares") on 20 July 2023 by Keith Todd, Executive Chairman of the Company:
· 4,500 Ordinary Shares sold at a price of 43 pence per Ordinary Shares out of his own self invested personal pension ("SIPP")
· 4,500 Ordinary Shares purchased at a price of 43.6 pence per Ordinary Shares into his direct personal holding
Following this transaction, Keith Todd's total beneficial interest in the Company remains unchanged at 2,763,677 Ordinary Shares, representing approximately 7.75% of the Company's total voting rights. The transfer between accounts was done to facilitate fee payments in the SIPP.
For further information please contact:
KRM22 plc InvestorRelations@krm22.com
Keith Todd CBE, Executive Chairman
Stephen Casner, CEO
Kim Suter, CFO
finnCap Ltd (Nominated Adviser and Broker) +44 (0)20 7220 0500
Carl Holmes / George Dollemore
Alice Lane / Sunila de Silva (ECM)
About KRM22 plc
KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets.
Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management. The Global Risk Platform provides applications to help address firms' trading and corporate risk challenges and to manage their entire enterprise risk profile.
Capital markets companies' partner with KRM22 to optimise risk management systems and processes, improving profitability and expanding opportunities to increase portfolio returns by leveraging risk as alpha.
KRM22 plc is listed on AIM and the Group is headquartered in London, with offices in several of the world's major financial centres.
See more about KRM22 at KRM22.com.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| a) | Name | Keith Todd | |||||||||
| 2. | Reason for the Notification | ||||||||||
| a) | Position/status | Executive Chairman | |||||||||
| 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 Financial instrument, type of instrument | Ordinary Shares of 10 pence each ("Ordinary Shares") | |||||||||
| Identification code | GB00BFM6WC61 | ||||||||||
| b) | Nature of the transaction | Sale and purchase of Ordinary Shares | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information: · Aggregated volume · Price |
See 4c) above | |||||||||
| e) | Date of the transaction | 20 July 2023 | |||||||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | |||||||||
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