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Kape Technologies (KAPE)


Wednesday 05 January, 2022

Kape Technologies

Issue of Equity

RNS Number : 4159X
Kape Technologies PLC
05 January 2022

5 January 2022


Kape Technologies plc


("Kape", the "Company" or the "Group")


Issue of Equity


Kape Technologies plc (AIM: KAPE), the digital security and privacy software business, announces the issue of 764,692 ordinary shares of US$0.0001 each ("Ordinary Shares") pursuant to the acquisition of LTMI Holdings ("LTMI"), as previously announced on 13 December 2019 (the "LTMI Acquisition"). As part of the consideration for the LTMI Acquisition, Kape announced the issuance of new Ordinary Shares to four senior executives of LTMI, of which 764,692 were to be issued (subject to escrow and set-off arrangements as set out in the Company's announcement of 19 November 2019) following the second anniversary of completion (the "Deferred Consideration Shares").


Application has been made for the Deferred Consideration Shares to be admitted to trading on the AIM market of the London Stock Exchange and it is expected that admission will take place and trading in the 764,692 Deferred Consideration Shares will commence from 8:00am on 6 January 2022 ("Admission").


Total Voting Rights


Following Admission, the total number of voting rights in Kape will be 349,849,532, which is the figure which should be used by shareholders 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, ordinary shares in the company ("Ordinary Shares") under the FCA's Disclosure and Transparency Rules.


The Company holds 9,662,654 Ordinary Shares in treasury, the voting rights to which have been waived. Therefore, following Admission, the Company's issued share capital will consist of 359,512,186 Ordinary Shares.




Kape Technologies plc

Ido Erlichman, Chief Executive Officer

Moran Laufer, Chief Financial Officer


via Vigo Consulting


Shore Capital (Nominated Adviser & Joint Broker)

Toby Gibbs / Mark Percy / James Thomas / Michael McGloin



+44 (0)20 7408 4090

Stifel (Joint Broker)

Alex Price / Brad Topchik / Alain Dobkin / Richard Short

+44 (0) 20 7710 7600



Vigo Consulting (Financial Public Relations)

Jeremy Garcia / Antonia Pollock

[email protected]

+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.

Kape has over 6.5 million paying subscribers, supported by a team of over 730 people across ten 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 its 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.

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