TIDMKAPE

RNS Number : 2729O

Kape Technologies PLC

28 May 2020

28 May 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        Initial 
       /Amendment 
     --------------------------  ------------------------------------- 
 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          Ordinary Shares of $0.0001 par value 
       financial instrument,       each 
       type of instrument 
 
       Identification code 
                                   ISIN: IM00BQ8NYV14 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Exercise of options 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0.275    1,200,000 
                                     Nil cost    400,000 
                                                ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------- 
 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        Initial 
       /Amendment 
     --------------------------  ------------------------------------- 
 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          Ordinary Shares of $0.0001 par value 
       financial instrument,       each 
       type of instrument 
 
       Identification code 
                                   ISIN: IM00BQ8NYV14 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Exercise of options 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     $0.538     215,050 
                                     GBP0.365   334,950 
                                     Nil cost   200,000 
                                               ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------- 
 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        Initial 
       /Amendment 
     --------------------------  ------------------------------------- 
 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          Ordinary Shares of $0.0001 par value 
       financial instrument,       each 
       type of instrument 
 
       Identification code 
                                   ISIN: IM00BQ8NYV14 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Sale of ordinary shares 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP2.0      1,700,000 
                                    ----------  ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------- 
 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        Initial 
       /Amendment 
     --------------------------  ------------------------------------- 
 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          Ordinary Shares of $0.0001 par value 
       financial instrument,       each 
       type of instrument 
 
       Identification code 
                                   ISIN: IM00BQ8NYV14 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Sale of ordinary shares 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP2.0      750,000 
                                    ----------  ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     28 May 2020 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------- 
 

Enquiries

 
 Kape Technologies plc                                 via Vigo Communications 
  Ido Erlichman, Chief Executive Officer 
  Moran Laufer, Chief Financial Officer 
 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

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