Source - LSE Regulatory
RNS Number : 2141I
Kinovo PLC
25 March 2024
 

25 March 2024

Kinovo plc

 

("Kinovo" or the "Company")

 

Exercise of Options, Director / PDMR Shareholdings and Total Voting Rights

 

Kinovo PLC (AIM: KINO), the specialist property services group that delivers compliance and sustainability solutions, announces that Nicole Rooney, Commercial Director, Spokemead, and a Person Discharging  Managerial Responsibility of the Company, has exercised options over 130,000 ordinary shares of 10p each ("Ordinary Shares") in the Company, at an exercise price of 20.5p each ("Options").

 

Nicole Rooney has confirmed her intention to retain the Ordinary Shares acquired through the exercise of the Options in her Individual Savings Account ("ISA") to the extent allowable and retaining the balance as a direct holding.

 

Following this transaction, Nicole Rooney will be the beneficial holder of 187,217 Ordinary Shares in the Company.

 

Issue of Equity and Admission

 

The Group has made an application to the London Stock Exchange for the admission to trading on AIM for the 130,000 Ordinary Shares. The 130,000 Ordinary Shares will rank pari passu with the Company's existing issued shares and are expected to be admitted to trading on AIM at 8:00a.m. on 2 April 2024.

 

Total Voting Rights

 

Following this admission, the issued share capital of the Company will be 62,918,214 Ordinary Shares with one voting right each. The Company does not hold any shares in treasury.

 

The above figure may be used by shareholders in the Company 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, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Nicole Rooney

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Commercial Director, Spokemead and PDMR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Kinovo Plc

b)

 

LEI

 

213800JDWVCVYWS87928

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





Identification code

GB00BV9GHQ09





b)

 

Nature of the transaction

 

Exercise of Options

c)

 

Price(s) and volume(s)













Price(s)

Volume(s)







20.5 pence

130,000













d)

 

Aggregated information

Not applicable - single transaction





- Aggregated volume







- Price







e)

 

Date of the transaction

 

22 March 2024

f)

 

Place of the transaction

 

Off market

 

Enquiries

 

Kinovo plc



Sangita Shah, Chair

David Bullen, Chief Executive Officer

 

+44 (0)20 7796 4133

(via Hudson Sandler)

Canaccord Genuity Limited (Nominated Adviser and Sole Broker)

+44 (0)20 7523 8000

Adam James

Andrew Potts

Harry Rees

 



Hudson Sandler (Financial PR)

+44 (0)20 7796 4133

Dan de Belder

Harry Griffiths


 

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