PDMR Announcement and TR-1 Notification
Kasei Digital Assets PLC
(‘Kasei’ or the ‘Company’)
PDMR Announcement and TR-1 Notification
Kasei Digital Assets PLC (AQSE: KASH) announces that Bryan Coyne a director of the Company has acquired 1,062,500 ordinary shares of £0.01 each in the Company (“Ordinary Shares”) at a price of 11.22p per share. Mr Coyne now holds 6,282,750 Ordinary Shares representing 18.90% of the issued ordinary share capital of Kasei.
Notification and public disclosure of transactions by persons discharging managerial responsibility
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Bryan Coyne | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Non-Executive Director | ||||
| b) | Initial notification / Amendment | Amendment | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Kasei Digital Assets PLC | ||||
| b) | LEI | 984500556C45AE388547 | ||||
| 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 £0.01 each | ||||
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| Identification Code | GB00BN950D98 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information: - Price | 11.22p | ||||
| e) | Date of the transaction | 20 February 2025 | ||||
| f) | Place of the Transaction | Off market | ||||
For further information please contact:
| Kasei Digital Assets PLC Jai Patel | Jai.patel@kaseiholdings.com |
| VSA Capital Limited (AQSE Corporate Adviser) Simon Barton / Thomas Jackson (Corporate Finance) | +44 (0)203 005 5000 |
About Kasei Digital Assets
Kasei is a team of experienced financial experts who came together through a shared interest in the digital asset ecosystem and the belief that blockchain technology will transform industries and have significant global economic impact.
Kasei’s cumulative 100 years plus experience in navigating traditional financial markets, in particular highly volatile asset classes, provides the Company with a solid grounding to build a balanced portfolio positioned to take advantage of the disruptive innovation in this space.
Despite Kasei’s belief that these assets are positioned for highly significant long-term gains, the Company employ a balanced risk-and-reward strategy. This provides shareholders with an actively managed portfolio of crypto assets, as well as exposure to investments in blockchain enabled companies and technology, all in the form of one listed security.
LinkedIn: Kasei Digital Assets PLC: Overview | LinkedIn
TR-1: Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | |||||||||||||||||||||
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| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: | KASEI DIGITAL ASSETS PLC | ||||||||||||||||||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) | |||||||||||||||||||||
| Non-UK issuer |
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| 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) | |||||||||||||||||||||
| An acquisition or disposal of voting rights | X | ||||||||||||||||||||
| An acquisition or disposal of financial instruments |
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| An event changing the breakdown of voting rights |
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| Other (please specify) iii: |
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| 3. Details of person subject to the notification obligation iv | |||||||||||||||||||||
| Name | Bryan Coyne | ||||||||||||||||||||
| City and country of registered office (if applicable) |
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| 4. Full name of shareholder(s) (if different from 3.) v | |||||||||||||||||||||
| Name |
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| City and country of registered office (if applicable) |
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| 5. Date on which the threshold was crossed or reached vi: | 20 February 2025 | ||||||||||||||||||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 20 February 2025 | ||||||||||||||||||||
| 7. Total positions of person(s) subject to the notification obligation | |||||||||||||||||||||
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| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | |||||||||||||||||
| Resulting situation on the date on which threshold was crossed or reached | 18.90% | 0 | 18.90% | 6,282,750 | |||||||||||||||||
| Position of previous notification (if applicable) | 15.10% | 0 | 15.10% |
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| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||||||||||||||
| A: Voting rights attached to shares | |||||||||||||||||||||
| Class/type of ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||||||||||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||||||||||||||
| Ordinary shares GB00BN950D98 | 6,282,750 | 0 | 18.90% | 0 | |||||||||||||||||
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| SUBTOTAL 8. A | 6,282,750 | 18.90% | |||||||||||||||||||
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| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||||||||||||||
| Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||||||||||||||
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| SUBTOTAL 8. B 1 |
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| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||||||||||||||
| Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlement xii | Number of voting rights | % of voting rights | ||||||||||||||||
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| SUBTOTAL 8.B.2 |
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| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) | |||||||||||||||||||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii | X | ||||||||||||||||||||
| Full chain of controlled undertakings through which the voting rights and/or the |
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| Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||||||||||||||||||
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| 10. In case of proxy voting, please identify: | |||||||||||||||||||||
| Name of the proxy holder |
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| The number and % of voting rights held |
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| The date until which the voting rights will be held |
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| 11. Additional information xvi | |||||||||||||||||||||
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| Place of completion | UK | ||||||||||||||||||||
| Date of completion | 20 February 2025 | ||||||||||||||||||||
| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | |||||||||||||||||||||
|
| |||||||||||||||||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: | KASEI DIGITAL ASSETS PLC | ||||||||||||||||||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) | |||||||||||||||||||||
| Non-UK issuer |
| ||||||||||||||||||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) | |||||||||||||||||||||
| An acquisition or disposal of voting rights | X | ||||||||||||||||||||
| An acquisition or disposal of financial instruments |
| ||||||||||||||||||||
| An event changing the breakdown of voting rights |
| ||||||||||||||||||||
| Other (please specify) iii: |
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| 3. Details of person subject to the notification obligation iv | |||||||||||||||||||||
| Name | Kabe Ltd | ||||||||||||||||||||
| City and country of registered office (if applicable) | London UK | ||||||||||||||||||||
| 4. Full name of shareholder(s) (if different from 3.) v | |||||||||||||||||||||
| Name |
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| City and country of registered office (if applicable) |
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| 5. Date on which the threshold was crossed or reached vi: | 20 February 2025 | ||||||||||||||||||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 20 February 2025 | ||||||||||||||||||||
| 7. Total positions of person(s) subject to the notification obligation | |||||||||||||||||||||
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| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | |||||||||||||||||
| Resulting situation on the date on which threshold was crossed or reached | Below 3% | 0 | Below 3% | Below 3% | |||||||||||||||||
| Position of previous notification (if applicable) | 3.19% | 0 | 3.19% |
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| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||||||||||||||
| A: Voting rights attached to shares | |||||||||||||||||||||
| Class/type of ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||||||||||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||||||||||||||
| Ordinary shares GB00BN950D98 | Below 3% | 0 | Below 3% | 0 | |||||||||||||||||
| SUBTOTAL 8. A | Below 3% | Below 3% | |||||||||||||||||||
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| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||||||||||||||
| Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||||||||||||||
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| SUBTOTAL 8. B 1 |
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| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||||||||||||||
| Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlement xii | Number of voting rights | % of voting rights | ||||||||||||||||
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| SUBTOTAL 8.B.2 |
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| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) | |||||||||||||||||||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii |
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| Full chain of controlled undertakings through which the voting rights and/or the | X | ||||||||||||||||||||
| Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||||||||||||||||||
| Kevin Abela | Below 3% | 0 | Below 3% | ||||||||||||||||||
| Kabe Ltd | Below 3% | 0 | Below 3% | ||||||||||||||||||
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| 10. In case of proxy voting, please identify: | |||||||||||||||||||||
| Name of the proxy holder |
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| The number and % of voting rights held |
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| The date until which the voting rights will be held |
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| 11. Additional information xvi | |||||||||||||||||||||
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| Place of completion | UK | ||||||||||||||||||||
| Date of completion | 20 February 2025 | ||||||||||||||||||||
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