8th Apr 2019 07:00
K3 CAPITAL GROUP PLC
("K3", the "Company" and including its subsidiaries, the "Group")
Director/PDMR Dealing
K3 Capital Group plc, a leading business and company sales specialist in the UK, announces that on 5 April 2019, Elizabeth Ford, wife of Tony Ford, Executive Vice Chairman of the Company, and Julian Coy and his wife, a PDMR and a person closely associated (PCA) have purchased 50,000 and 14,479 ordinary shares ("Ordinary Shares") respectively of 1 penny each in the Company ("Ordinary Shares") (the "Purchase") at an average price of 137.83 pence per share.
Following the Purchase, Tony Ford, together with his connected persons, have a total interest over 6,297,895 Ordinary Shares, representing 14.92 per cent. of the Company's issued share capital. Following his purchase Julian Coy, together with his connected persons, have a total interest over 14,479 Ordinary Shares, representing 0.034 per cent. of the Company's issued share capital.
For further information please contact:
K3 Capital Group plc | Tel: c/o Newgate 020 7680 6550 |
John Rigby, Chief Executive Officer | www.k3capitalgroupplc.com |
Andrew Melbourne, Chief Financial Officer |
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finnCap Ltd (Nominated Adviser and Sole Broker) | Tel: 020 7220 0500 |
Jonny Franklin-Adams, Anthony Adams (Corporate Finance) |
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Tim Redfern, Richard Chambers (ECM) |
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Newgate Communications Ltd (Financial PR) | Tel: 020 7680 6550 |
Alistair Kellie, Bob Huxford |
Concert Party
Tony Ford, John Rigby, Andrew Melbourne, Simon Daniels, Matthew Clancy and Stuart Lees, together with their respective families and other connected persons are deemed to be acting in concert and regarded by the Takeover Panel to be members of the concert party detailed in the Company's admission document dated 6 April 2017 ("Admission Document") (the "Concert Party"). Following the Purchase, the Concert Party will remain the holders in aggregate of not less than 30 per cent., but not more than 50 per cent. of the Company's issued share capital. Should any member of the Concert Party or any person acting in concert with any member of the Concert Party acquire an interest in any shares (excluding the exercise of existing options granted to Andrew Melbourne, detailed in the Company's Admission Document) which increases the percentage of shares carrying voting rights in such company in which the Concert Party (or any person acting in concert with the Concert Party) is interested, that person together with people acting in concert with that person will normally be required to make a general offer in cash to all shareholders in the Company, at the highest price paid by that person or any person acting in concert with that person for an interest in such shares within the preceding 12 months, for all the remaining equity share capital of that Company.
The respective holdings of each Concert Party member (showing Tony Ford's resultant shareholding following the Purchase) are outlined in the table below:
Director/PDMR | Shareholding | % Issued Share Capital |
Tony Ford | 6,297,895 | 14.92 |
John Rigby | 7,597,895 | 18.00 |
Andrew Melbourne* | 464,802 | 1.10 |
Simon Daniels | 2,535,100 | 6.01 |
Matthew Clancy | 1,267,550 | 3.00 |
Stuart Lees | 650,000 | 1.54 |
Total | 18,813,242 | 44.57% |
K3 Capital Group trades on the London Stock Exchange (AIM: K3C.L), having listed on 11 April 2017. Please visit www.k3capitalgroupplc.com for more information.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name: | Elizabeth Ford, wife of Tony Ford - Executive Vice Chairman | ||||||
2. | Reason for the notification | |||||||
a) | Position/status: | PCA | ||||||
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: | Purchase of Ordinary Shares | ||||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 05/04/2019 | ||||||
f) | Place of the transaction: | London Stock Exchange, AIM (XLON) | ||||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name: | Julian Coy, a PDMR and his wife, a PCA | ||||||
2. | Reason for the notification | |||||||
a) | Position/status: | PDMR/PCA | ||||||
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: | Purchase of Ordinary Shares | ||||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 05/04/2019 | ||||||
f) | Place of the transaction: | London Stock Exchange, AIM (XLON) | ||||||
Related Shares:
K3C.L