Exercise of Options and Director Dealings

RNS Number : 2729O
Kape Technologies PLC
28 May 2020
 

28May 2020

 

Kape Technologies plc

("Kape," or the "Company")

 

Exercise of Options

Director Dealing

 

Kape (AIM: KAPE), the digital security and privacy software business, was notified that on 28 May 2020 that Ido Erlichman, Chief Executive Officer, and Moran Laufer, Chief Financial Officer, had exercised certain of the options in the Company held by them.

 

Mr Erlichman exercised a total of 1,600,000 options and Mr Laufer exercised a total of 750,000 options. Following the exercise of these options, Mr Erlichman sold 1,700,000 ordinary shares of $0.0001 each ("Ordinary Shares") and Mr Laufer sold 750,000 Ordinary Shares, both at a price of 200p.

 

Following the above transactions, set out in further detail in the tables below, Mr. Erlichman now holds 1,600,000 options and no Ordinary Shares. Mr Laufer now holds 750,000 options and 74,000 Ordinary Shares, representing 0.05% of the current share capital of the Company.

 

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Ido Erlichman

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Kape Technologies plc

b)

LEI

213800GTF3PYCXPXET67

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 $0.0001 par value each

 

 

 

ISIN: IM00BQ8NYV14

b)

Nature of the transaction

Exercise of options

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.275

 

1,200,000

Nil cost

400,000

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 May 2020

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Moran Laufer

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Kape Technologies plc

b)

LEI

213800GTF3PYCXPXET67

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 $0.0001 par value each

 

 

 

ISIN: IM00BQ8NYV14

b)

Nature of the transaction

Exercise of options

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

$0.538

 

215,050

£0.365

334,950

Nil cost

200,000

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 May 2020

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Ido Erlichman

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Kape Technologies plc

b)

LEI

213800GTF3PYCXPXET67

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 $0.0001 par value each

 

 

 

ISIN: IM00BQ8NYV14

b)

Nature of the transaction

Sale of ordinary shares

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£2.0

1,700,000

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 May 2020

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Moran Laufer

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Kape Technologies plc

b)

LEI

213800GTF3PYCXPXET67

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 $0.0001 par value each

 

 

 

ISIN: IM00BQ8NYV14

b)

Nature of the transaction

Sale of ordinary shares

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£2.0

 

750,000

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 May 2020

f)

Place of the transaction

London Stock Exchange

 

Enquiries

Kape Technologies plc

Ido Erlichman, Chief Executive Officer

Moran Laufer, Chief Financial Officer

via Vigo Communications

Shore Capital (Nominated Adviser & Broker)

Mark Percy / Toby Gibbs / James Thomas (Corporate Advisory)

Henry Willcocks (Corporate Broking)

+44 (0)20 7408 4090

N+1 Singer  (Joint Broker)

Harry Gooden / George Tzimas

+44 (0)20 7496 3000

Vigo Communications (Financial Public Relations)

Jeremy Garcia / Antonia Pollock

kape@vigocomms.com

+44 (0)20 7390 0237

 

About Kape

 

Kape is a leading 'privacy-first' digital security software provider to consumers. Through its range of privacy and security products, Kape focusses on protecting consumers and their personal data as they go about their daily digital lives.

 

To date, Kape has over 2 million paying subscribers, supported by a team of over 350 people across eight locations worldwide. Kape has a proven track record of revenue and EBITDA growth, underpinned by a strong business model which leverages our digital marketing expertise.

 

Through our subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards capitalising on the vast global consumer digital privacy market.

 

www.kape.com

Twitter   LinkedIn

 


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.
 
END
 
 
DSHPPUAWAUPUGAR
UK 100

Latest directors dealings