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
|
|