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KINOVO PLC
Remuneration Information • Aug 25, 2023
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 4048K
Kinovo PLC
25 August 2023
25 August 2023
Kinovo plc
("Kinovo", or the "Company")
Share Incentive Plan, Director/PDMR Shareholding
Kinovo Plc (AIM: KINO), the specialist property services Group that delivers compliance and sustainability solutions, announces the issue and allotment of 650,457 new ordinary shares of 10 pence each in the Company ("Ordinary Shares") for the benefit of participants in the Company's Share Incentive Plan (the "SIP") including Persons Discharging Managerial Responsibilities of the Company (each, a "PDMR").
The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which the trust will acquire Ordinary Shares on behalf of each participating employee, at the prevailing market price per share at the start of the accumulation period, using contributions deducted from pre-tax salary in each calendar month ("Partnership Shares"), with each participating employee being entitled to one Ordinary Share for each Partnership Share ("Matching Shares"), subject to the SIP rules, using newly issued shares.
Details of the number of Partnership Shares purchased by the PDMRs at a price of 23.5 pence per Ordinary Share and the number of Matching Shares allocated to the PDMRs for no consideration, are set out against their names in the table below.
| Name | Title | Number of Partnership Shares | Number of Matching Shares |
| David Bullen | CEO | 7,660 | 7,660 |
| Clive Lovett | Group Finance Director | 7,660 | 7,660 |
| Lee Venables | COO | 7,660 | 7,660 |
| John Lord | Director - Subsidiary | 7,660 | 7,660 |
| Alison Beach | Director - Subsidiary | 7,660 | 7,660 |
Application has been made to the London Stock Exchange for the 650,457 Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to become effective on or around 31 August 2023. The shares will rank pari passu in all respects with the Company's existing Ordinary Shares.
Following Admission of the 650,457 Ordinary Shares, the issued share capital of the Company will be 62,788,214 Ordinary Shares with one voting right each. The Company does not hold any shares in treasury.
The above figure may be used by shareholders in the Company 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 share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
David Bullen
2
Reason for notification
a.
Position/Status
CEO
b.
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Kinovo Plc
b.
LEI
213800JDWVCVYWS87928
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 10 pence each
GB00BV9GHQ09
b.
Nature of the transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 23.5p | 7,660 (Partnership Shares) |
| Nil | 7,660 (Matching Shares) |
d.
Aggregated information
- Aggregated Volume
- Price
Not applicable - single transaction
e.
Date of the transaction
24 August 2023
f.
Place of the transaction
London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Clive Lovett
2
Reason for notification
a.
Position/Status
Group Finance Director
b.
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Kinovo Plc
b.
LEI
213800JDWVCVYWS87928
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 10 pence each
GB00BV9GHQ09
b.
Nature of the transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 23.5p | 7,660 (Partnership Shares) |
| Nil | 7,660 (Matching Shares) |
d.
Aggregated information
- Aggregated Volume
- Price
Not applicable - single transaction
e.
Date of the transaction
24 August 2023
f.
Place of the transaction
London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Lee Venables
2
Reason for notification
a.
Position/Status
COO
b.
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Kinovo Plc
b.
LEI
213800JDWVCVYWS87928
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 10 pence each
GB00BV9GHQ09
b.
Nature of the transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 23.5p | 7,660 (Partnership Shares) |
| Nil | 7,660 (Matching Shares) |
d.
Aggregated information
- Aggregated Volume
- Price
Not applicable - single transaction
e.
Date of the transaction
24 August 2023
f.
Place of the transaction
London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
John Lord
2
Reason for notification
a.
Position/Status
Director - Subsidiary
b.
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Kinovo Plc
b.
LEI
213800JDWVCVYWS87928
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 10 pence each
GB00BV9GHQ09
b.
Nature of the transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 23.5p | 7,660 (Partnership Shares) |
| Nil | 7,660 (Matching Shares) |
d.
Aggregated information
- Aggregated Volume
- Price
Not applicable - single transaction
e.
Date of the transaction
24 August 2023
f.
Place of the transaction
London Stock Exchange
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
Alison Beach
2
Reason for notification
a.
Position/Status
Director - Subsidiary
b.
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Kinovo Plc
b.
LEI
213800JDWVCVYWS87928
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 10 pence each
GB00BV9GHQ09
b.
Nature of the transaction
Purchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the SIP.
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 23.5p | 7,660 (Partnership Shares) |
| Nil | 7,660 (Matching Shares) |
d.
Aggregated information
- Aggregated Volume
- Price
Not applicable - single transaction
e.
Date of the transaction
24 August 2023
f.
Place of the transaction
London Stock Exchange
- ends -
Enquiries
| Kinovo plc | |
| Sangita Shah, Chair David Bullen, Chief Executive Officer |
+44 (0)20 7796 4133 (via Hudson Sandler) |
| Canaccord Genuity Limited (Nominated Adviser and Sole Broker) | +44 (0)20 7523 8000 |
| Adam James Andrew Potts Harry Rees |
|
| Hudson Sandler (Financial PR) | + 44 (0)20 7796 4133 |
| Dan de Belder Harry Griffiths |
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