TIDMKAPE

RNS Number : 6705D

Kape Technologies PLC

29 October 2020

29 October 2020

Kape Technologies plc

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

Director Holdings in Company

On 29 October 2020, Kape announced that as part of the Fundraise, Ido Erlichman, the Company's Chief Executive Officer, had subscribed for 40,000 Placing Shares. However, Mr Erlichman's holding following Admission was incorrectly stated. Mr Erlichman will in fact hold a beneficial interest of 40,000 Ordinary Shares following Admission, representing approximately 0.02% of the enlarged total voting rights of the Company and 1,600,000 options.

Capitalised terms used but not defined in this announcement have the meanings set out in the announcement of 29 October 2020 released at 7.00 a.m. entitled 'Result of Placing and Retail Offer'.

Enquiries:

 
 Kape Technologies plc                               via Vigo Communications 
  Ido Erlichman, Chief Executive Officer 
  Moran Laufer, Chief Financial Officer 
 
   Shore Capital (Nominated Adviser & Broker)          +44 (0)20 7408 
   Mark Percy / Toby Gibbs / James Thomas              4090 
 
   N+1 Singer (Joint Broker)                           +44 (0) 20 7496 
   Harry Gooden / George Tzimas                        3000 
 Vigo Communications (Financial Public Relations) 
  Jeremy Garcia / Antonia Pollock                    +44 (0)20 7390 
  kape@vigocomms.com                                  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 2.4 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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(END) Dow Jones Newswires

October 29, 2020 12:49 ET (16:49 GMT)

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