K3 BUSINESS TECHNOLOGY GROUP PLC

Director's Dealing • Jul 6, 2017

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RNS Number : 3091K

K3 Business Technology Group PLC

06 July 2017

K3 Business Technology Group plc

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

PDMR Notification

Further to the completion yesterday of the placing ("Placing") at 140p per ordinary share of 25p each in the capital of the Company ("Ordinary Shares") and conversion of a £640,000 loan into 457,142 Ordinary Shares by CA Fastigheter AB (a company controlled by Johan Claesson) both announced on 12 June 2017, the respective revised holdings of certain directors of the Group are as follows:

	Ordinary Shares	%
Adalsteinn Valdimarsson	71,429	0.17%
Rob Price	50,000	0.12%
Stuart Darling	14,286	0.03%
Johan Claesson	6,508,230	15.15%

Regarding the conversion of warrants over 700,000 Ordinary Shares by entities controlled by Johan Claesson also announced on 12 June 2017, the Company received notice prior to completion of the Placing that the right to those shares was transferred to a third party and the shares were issued to that third party.

Accordingly, the Company makes the following announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014):

1.

Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')

a)

Name

Adalsteinn Valdimarsson

2.

Reason for notification

b)

Position / status

Chief Executive Officer

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

Identification code

ordinary shares of 25p each

GB00B00P6061

b)

Nature of the transaction

Acquisition of shares pursuant to the Placing

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.40	71,429

d)

Aggregated information

Aggregated volume Price

n/a

e)

Date of the transaction

5 July 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')

Name

Robert Price

Reason for notification

Position / status

Chief Financial Officer

Initial notification / amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

K3 Business Technology Group plc

LEI

213800QOJ9OF2AV81748

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

Description of the financial instrument

Identification code

ordinary shares of 25p each

GB00B00P6061

Nature of the transaction

Acquisition of shares pursuant to the Placing

Price(s) and volume(s)

Price(s)	Volume(s)
£1.40	50,000

Aggregated information

Aggregated volume Price

n/a

Date of the transaction

5 July 2017

Place of the transaction

London Stock Exchange, AIM Market (XLON)

Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')

Name

Stuart Darling

Reason for notification

Position / status

Interim Chairman

Initial notification / amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

K3 Business Technology Group plc

LEI

213800QOJ9OF2AV81748

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

Description of the financial instrument

Identification code

ordinary shares of 25p each

GB00B00P6061

Nature of the transaction

Acquisition of shares pursuant to the Placing

Price(s) and volume(s)

Price(s)	Volume(s)
£1.40	14,286

Aggregated information

Aggregated volume Price

n/a

Date of the transaction

5 July 2017

Place of the transaction

London Stock Exchange, AIM Market (XLON)

Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
Name	CA Fastigheter
Reason for notification
Position / status	Controlled by Johan Claesson (Non-Executive Director)
Initial notification / amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	K3 Business Technology Group plc
LEI	213800QOJ9OF2AV81748
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
Description of the financial instrument Identification code	ordinary shares of 25p each GB00B00P6061
Nature of the transaction	Conversion of £640,000 loan into ordinary shares of 25p each
Price(s) and volume(s)	£640,000 loan converted into 457,142 ordinary shares of 25p each at £1.40 per ordinary share
Aggregated information Aggregated volume Price	n/a
Date of the transaction	5 July 2017
Place of the transaction	London Stock Exchange, AIM Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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