KRM22 PLC — Director's Dealing 2019

Apr 16, 2019

National Storage Mechanism | Additional information

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RNS Number : 4035W

KRM22 PLC

16 April 2019

KRM22 plc

("KRM22" or the "Company")

Director/PDMR Shareholding

The Company has been notified that Stephen Casner, Chief Executive Officer USA and Executive Director of the Company, on 15 April 2019, acquired 1,000 Ordinary Shares at a price of 86 pence per share. Following this transaction, Mr Casner has an interest in 513,143 Ordinary Shares representing 2.81 per cent. of the entire issued share capital of the Company.

As announced on 3 April 2019, 129,412 Placing Shares in the Fundraising have been conditionally placed with finnCap, and admission of these shares is subject to and conditional on an order being placed in the market by Fidelity Investments on behalf of Mr Casner, to purchase the 129,412 Ordinary Shares at the Issue Price from finnCap. The above mentioned order is still pending execution and finalisation of delivery mechanics. A further announcement will be made when appropriate.

Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the Company's announcement on 3 April 2019 regarding the Fundraising, unless the context requires otherwise.

For further information please contact:

KRM22 plc                                                                                                         

Keith Todd CBE, Executive Chairman and CEO

Karen Bach, COO

finnCap Ltd (Nominated Adviser and Sole Broker)                           +44 (0)20 7220 0500

Carl Holmes / Kate Bannatyne / Matthew Radley

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Casner

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer, USA

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

Identification code

GB00BFM6WC61

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
86p	1,000

d)

Aggregated information:

·     Aggregated volume

·     Price

See 4c) above

e)

Date of the transaction

15 April 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

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.

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