TIDMKBT

RNS Number : 9762Z

K3 Business Technology Group PLC

23 May 2019

AIM: KBT

23 May 2019

K3 Business Technology Group plc

("K3", "Company" or "Group")

PDMR Announcement

The Company has received notification from non-executive director Per Johan Claesson that on 20 May 2019 he has purchased 4,721,226 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") at a price of 220p per Ordinary Share from a family relation of Mr Claesson and Carlton Telecom Inc, a company controlled by that family relation (the "Purchase"). Following the Purchase, the Company has been informed that the total number of Ordinary shares in which Mr Claesson is now interested is 9,808,923 Ordinary Shares representing 22.84% of the total voting rights of the Company held as follows:

 
 PJ Claesson                      5,072,926 
 Johan och Marianne Claesson 
  AB                              1,947,461 
                               ------------ 
 Fastighets AB Bremia               567,500 
                               ------------ 
 CA Fastigheter AB                2,221,036 
                               ------------ 
 
   Total                          9,808,923 
                               ------------ 
 

The Company makes the below announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014) in respect of the Purchase:

Enquiries:

 
 K3 Business Technology     Adalsteinn Valdimarsson,  T: 0161 876 4498 
  Group plc                                      CEO 
                                      Rob Price, CFO 
finnCap Limited (NOMAD   Julian Blunt/James Thompson  T: 020 7220 0500 
 & Broker)                       (Corporate Finance) 
                           Camille Gochez (Corporate 
                                            Broking) 
KTZ Communications              Katie Tzouliadis/Dan  T: 020 3178 6378 
                                             Mahoney 
 
 
1.  Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated 
     with them ('PCA') 
a)  Name                                           PJ Claesson 
2.  Reason for notification 
b)  Position / status                              Non-executive director 
c)  Initial notification / amendment               Initial Notification 
3.  Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
b)  Name                                           K3 Business Technology Group plc 
c)  LEI                                            213800QOJ9OF2AV81748 
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        ordinary shares of 25p each 
 
 
     Identification code                            GB00B00P6061 
b)  Nature of the transaction                      Acquisition of ordinary shares of 25p each 
c)  Price(s) and volume(s)                          Volume: 4,721,226 
                                                     Price: 220p per Ordinary Share 
d)  Aggregated information                         n/a 
     Aggregated volume Price 
e)  Date of the transaction                        20 May 2019 
f)  Place of the transaction                       London Stock Exchange, AIM Market (XLON) 
 

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                 K3 Business Technology Group plc 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                           x 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify)(iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         Per Johan Claesson and controlled 
                                                               undertakings 
 City and country of registered office                        N/A 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                             -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           20/05/2019 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               22/05/2019 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               22.84%              N/A                    22.84%          42,946,665 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              11.85%              N/A                    11.85% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                            Direct                      Indirect                      Direct                  Indirect 
                      (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                          2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                            (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                                             ----------------------------- 
 Ordinary Shares 
  of 25p each 
  GB00B00P6061      5,072,926                 4,735,997                      11.81%                     11.03% 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                            9,808,923                                              22.84% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting 
  financial          date(x)      Conversion Period(xi)                rights that may                   rights 
  instrument                                                           be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
 
                                 SUBTOTAL 8. B 1 
                                -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/               Physical or              Number of             % of voting 
  financial     date(x)           Conversion              cash                     voting rights         rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                         x 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
        Name(xv)            % of voting rights      % of voting rights       Total of both if 
                              if it equals or        through financial        it equals or is 
                             is higher than the      instruments if it        higher than the 
                            notifiable threshold    equals or is higher     notifiable threshold 
                                                    than the notifiable 
                                                         threshold 
                          ----------------------  ---------------------  ------------------------ 
 PJ Claesson               5,072,926               n/a                    5,072,926 
                          ----------------------  ---------------------  ------------------------ 
 Johan och Marianne 
  Claesson AB (an 
  entity controlled 
  by PJ Claesson)          1,947,461               n/a                    1,947,461 
                          ----------------------  ---------------------  ------------------------ 
 Fastighets AB Bremia 
  (an entity controlled 
  by PJ Claesson)          567,500                 n/a                    567,500 
                          ----------------------  ---------------------  ------------------------ 
 CA Fastigheter AB 
  (an entity controlled 
  by PJ Claesson)          2,221,036               n/a                    2,221,036 
                          ----------------------  ---------------------  ------------------------ 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                  ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                  ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                  ----------------------------------------------- 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   Kalmar, Sweden 
 Date of completion    22 May 2019 
                      --------------- 
 

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.

END

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May 23, 2019 03:48 ET (07:48 GMT)

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