TIDMKAPE

RNS Number : 9933W

Kape Technologies PLC

29 April 2021

29 April 2021

Kape Technologies plc

("Kape," or the "Company")

Exercise of Options and Director/PDMR Shareholding

Kape (AIM: KAPE), the digital security and privacy software business, was notified on 28 April 2021 that Ido Erlichman, Chief Executive Officer, and Moran Laufer, Chief Financial Officer, had each exercised certain of the options in the Company held by them.

Mr Erlichman exercised a total of 1,200,000 options utilizing the net cashless exercise feature. Therefore Mr Erlichman has surrendered 516,690 ordinary shares to the Company in respect of this exercise of options and 683,310 ordinary shares in the Company will be issued to Mr Erlichman.

Mr Laufer exercised a total of 550,000 options utilizing the net cashless exercise feature. Therefore Mr Laufer has surrendered 239,478 ordinary shares to the Company in respect of this exercise of options and 310,522 ordinary shares in the Company will be issued to Mr Laufer.

Following the above transactions, set out in further detail in the tables below, Mr Erlichman now holds 400,000 options and 723,310 ordinary shares, representing 0.32% of the current share capital of the Company. Mr Laufer now holds 200,000 options and 401,189 ordinary shares, representing 0.18% of the current share capital of the Company.

The information below, set out in accordance with the requirements of the UK 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    800,000 
                                     Nil cost    400,000 
                                                ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          N/A 
       - Price 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     28 April 2021 
     --------------------------  ------------------------------------- 
 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 Financial 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) 
                                     GBP0.555    50,000 
                                     GBP0.365    300,000 
                                     Nil cost    200,000 
                                                ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          N/A 
       - Price 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     28 April 2021 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------- 
 

Enquiries:

 
 Kape Technologies plc                                via Vigo Consulting 
  Ido Erlichman, Chief Executive Officer 
  Moran Laufer, Chief Financial Officer 
 Shore Capital (Nominated Adviser & Broker) 
  Mark Percy / Toby Gibbs / James Thomas / Michael    +44 (0)20 7408 
  McGloin                                              4090 
 Stifel Nicolaus Europe Limited (Joint Broker) 
  Alex Price / Brad Topchik / Alain Dobkin /          +44 (0) 20 7710 
  Richard Short                                        7600 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Antonia Pollock                     +44 (0)20 7390 
  kape@vigoconsulting.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 focuses on protecting consumers and their personal data as they go about their daily digital lives.

To date, Kape has over 2.5 million paying subscribers, supported by a team of over 360 people across eight locations worldwide.

Through its subscription-based platform, Kape has fast established a highly scalable SaaS-based operating model, geared towards serving the vast global consumer digital privacy market.

www.kape.com

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