K3 Business Technology Group plc

07/12/2019 | Press release | Distributed by Public on 07/12/2019 10:17

PDMR Announcement

AIM: KBT

12 July 2019

K3 Business Technology Group plc

('K3' or 'Company')

PDMR Announcement

K3, which provides mission‐critical business software, cloud solutions and managed services, has received notification that Rob Price, CFO of the Company, has purchased 4,728 ordinary shares of 25p each in the capital of the Company ('Ordinary Shares') at a price of £2.11 per Ordinary Share (the 'Purchase'). Following the Purchase Mr. Price is now interested in 54,728 Ordinary Share representing 0.127% of the total voting rights of the Company.

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 Group plc

Adalsteinn Valdimarsson, CEO

Rob Price, CFO

T: 0161 876 4498

finnCap Limited (NOMAD & Broker)

Julian Blunt/James Thompson (Corporate Finance)

Camille Gochez (Corporate Broking)

T: 020 7220 0500

KTZ Communications

Katie Tzouliadis/Dan Mahoney

T: 020 3178 6378

1.

Details ofPersons Discharging Managerial Responsibilities 'PDMR' / person closely associated with them ('PCA')

a)

Name

Robert Price

2.

Reason for notification

b)

Position / status

executive director (CFO)

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 ordinary shares of 25p each

c)

Price(s) and volume(s)

Volume: 4,728

Price: 211p per Ordinary Share

d)

Aggregated information

Aggregated volume Price

n/a

e)

Date of the transaction

9 July 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)