Kape Technologies

PDMR Dealings

RNS Number : 0365U
Kape Technologies PLC
31 March 2021
 

31 March 2021

Kape Technologies plc

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

PDMR Dealings

Kape (AIM: KAPE), the consumer-focused digital privacy and security business, announces the following dealings by PDMRs.

Pursuant to the completion of the acquisition of Webselenese Ltd. ("Webselenese"), 12,123,769 ordinary shares of US$0.0001 each ("Ordinary Shares") have today been issued to the founders and certain senior members of staff of Webselenese (the "Consideration Shares").

Ran Greenberg and Ariel Hochstadt, the founders of Webselenese, have each been issued 5,579,027 Ordinary Shares . Two senior members of staff at Webselenese, have also been allotted 608,572 and 357,143 Ordinary Shares respectively as retention payments, out of the Consideration Shares.

As announced on 8 March 2021, Ran Greenberg and Ariel Hochstadt have also both used part of the cash consideration proceeds from the sale of Webselenese to acquire Ordinary Shares in the market. On 30 March 2021, Ran Greenberg purchased 168,000 Ordinary Shares at a price of 288 pence per share. On 30 March 2021, Ariel Hochstadt also purchased 168,000 Ordinary Shares at a price of 288 pence per share.

Following the issue of the Consideration Shares and the purchase of Ordinary Shares on 30 March 2021, the holdings of Messrs Greenberg and Hochstadt are as follows:


Ordinary Shares held

% of total voting rights held

Ran Greenberg

5,747,027

2.58%

Ariel Hochstadt

5,747,027

2.58%

 

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 / Michael McGloin

+44 (0)20 7408 4090

Stifel Nicolaus Europe Limited   (Joint Broker)

Alex Price / Brad Topchik / Alain Dobkin /   Richard Short

 

+44 (0) 20 7710 7600

Vigo Communications   (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 focuses on protecting consumers and their personal data as they go about their daily digital lives.

To date, Kape has over 2.5 million paying subscribers, supported by a team of over 360 people across eight locations worldwide.

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

www.kape.com    

Twitter       LinkedIn

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Ran Greenberg

2

Reason for the notification

a)

Position/status

PDMR

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

Share Consideration

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£1.915

5,579,027

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Ran Greenberg

2

Reason for the notification

a)

Position/status

PDMR

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

Purchase

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£2.88

168,000

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 March 2021

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Ariel Hochstadt

2

Reason for the notification

a)

Position/status

PDMR

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

Share Consideration

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£1.915

5,579,027

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a) 

Name

Mr. Ariel Hochstadt

2

Reason for the notification

a)

Position/status

PDMR

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

Purchase

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

£2.88

168,000

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

30 March 2021

f)

Place of the transaction

London Stock Exchange

 

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