TIDMK3C

RNS Number : 6536V

K3 Capital Group PLC

16 April 2021

K3 CAPITAL GROUP PLC

("K3", the "Company" and including its subsidiaries the "Group")

Issue of Equity

K3 Capital Group plc, a multi-disciplinary professional services firm providing advisory services to SMEs, announces that, on 15 April 2021, the Company issued and allotted 54,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") pursuant to the exercise of options by certain employees of the Company.

Admission and Total Voting Rights

Application has been made for the 54,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on or around 21 April 2021. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

The total number of Ordinary Shares in issue following Admission will be 68,829,320 Ordinary Shares. No Ordinary Shares are held in treasury. Accordingly, the figure of 68,829,320 may 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 the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

 
      K3 Capital Group plc                         Tel: c/o finnCap 020 7220 
                                                    0500 
      John Rigby, Chief Executive Officer          www.k3capitalgroupplc.com 
      Andrew Melbourne, Chief Financial Officer 
 
      finnCap Ltd (Nominated Adviser and Joint     Tel: 020 7220 0500 
       Broker) 
      Jonny Franklin-Adams, Emily Watts, Charlie Beeson (Corporate 
       Finance) 
      Tim Redfern, Richard Chambers (Corporate 
       Broking) 
      Canaccord Genuity Limited (Joint Broker)     Tel: 020 7523 8000 
      Bobbie Hilliam (Corporate Broking) 
       Alex Aylen (Head of Equities)

About K3 Capital

K3 Capital Group plc is a multi-disciplinary professional services firm providing advisory services to SMEs, with operations throughout the UK and overseas.

Services provided by KBS Corporate, KBS Corporate Finance, Knightsbridge and KBS Capital Markets:

-- Mergers and Acquisitions (M&A) - Company sales, brokerage and corporate finance services to SME's looking to achieve full or partial exit, advising on sales to private, trade, plc, private equity or overseas acquirors. Strategic advisory and valuations, financial due diligence and debt advisory.

Services provided by RandD UK Limited:

-- Research & Development tax credit advisory: advising clients on Research and Development Tax Credit (RDTC) claims.

Services provided by Quantuma Advisory Limited:

-- Restructuring advisory: formal insolvency appointments, informal restructuring advisory, personal insolvency and pension restructuring and insolvency advice.

-- Financial advisory: comprehensive analysis of business performance through business toolkit, independent reviews, stakeholder management and turnaround and interim support.

   --                 Creditor Services: creditor representation and liquidations.

-- Forensic accounting and expert witness: forensic investigations, intelligence and forensic accounting.

-- Pensions advisory: corporate and trustee advisory, pension scheme restructuring advisory, covenant advisory and expert witness.

The Group's medium-term strategy is to build a wider group of growing and complementary professional services businesses to provide SME's with high quality advice across specialist disciplines.

K3 Capital Group trades on the London Stock Exchange (AIM: K3C.L), having listed on 11 April 2017. Please visit

  www.k3capitalgroupplc.com   for more information.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEQELFFFZLXBBZ

(END) Dow Jones Newswires

April 16, 2021 02:00 ET (06:00 GMT)

K3 Capital (LSE:K3C)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more K3 Capital Charts.
K3 Capital (LSE:K3C)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more K3 Capital Charts.