20 August 2024
("Kinovo", the "Company" or
the "Group")
Share Incentive Plan,
Director/PDMR Shareholding, Exercise of Options and Total Voting
Rights
Share Incentive Plan
Kinovo Plc (AIM: KINO), the
specialist property services Group that delivers compliance and
sustainability solutions, announces the issue and allotment of
248,101 new ordinary shares of 10 pence each in the Company
("Ordinary Shares") for the
benefit of participants in the Company's Share Incentive Plan (the
"SIP") including Persons
Discharging Managerial Responsibilities of the Company (each, a
"PDMR").
The SIP is an all-employee trust
arrangement approved by HM Revenue and Customs, under which the
trust will acquire Ordinary Shares on behalf of each participating
employee, at the prevailing market price per share at the start of
the accumulation period, using contributions deducted from pre-tax
salary in each calendar month ("Partnership Shares"), with each
participating employee being entitled to one Ordinary Share for
each Partnership Share ("Matching
Shares"), subject to the SIP rules including a minimum
holding period of three years, using newly issued shares
("SIP New Ordinary
Shares"). 34% of eligible staff participated in the 2023/24
SIP.
Details of the number of Partnership
Shares purchased by the PDMRs at a price of 44.5 pence per Ordinary
Share and the number of Matching Shares allocated to the PDMRs for
no consideration, are set out against their names in the table
below.
|
Name
|
Title
|
Number of Partnership
Shares
|
Number of Matching
Shares
|
|
David
Bullen
|
Chief
Executive Officer
|
4,045
|
4,045
|
|
Clive
Lovett
|
Group
Finance Director
|
4,045
|
4,045
|
|
Lee
Venables
|
Chief
Operating Officer
|
4,045
|
4,045
|
|
Alison
Beach
|
Director
- Subsidiary
|
4,045
|
4,045
|
|
John
Lord
|
Director
- Subsidiary
|
4,045
|
4,045
|
|
Nicole
Rooney
|
Director
- Subsidiary
|
4,045
|
4,045
|
Application has been made to the
London Stock Exchange for the 248,101 Ordinary Shares to be
admitted to trading on AIM ("Admission") and Admission is expected
to become effective on or around 21 August 2024. The SIP New
Ordinary Shares will rank pari passu in all respects with the
Company's existing Ordinary Shares.
CSOP Exercise of Options
Kinovo has also received notice by a
former employee of the Company to exercise options over
25,000 ordinary shares of 10p each under the
Company's CSOP ("CSOP New Ordinary
Shares").
Application has been made for
the 25,000 CSOP New
Ordinary Shares to be admitted to trading on AIM which is expected
to occur on 21 August 2024. The 25,000 CSOP
New Ordinary Shares will rank pari passu with the Company's
existing shares.
Total Voting Rights
Following Admission of the 248,101
SIP New Ordinary Shares and the 25,000 CSOP
New Ordinary Shares, the issued share capital of
the Company will be 63,291,315 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.
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
David Bullen
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
CEO
|
|
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
Identification Code
|
Ordinary Shares of 10 pence
each
GB00BV9GHQ09
|
|
b.
|
Nature of the transaction
|
Purchase and allocation of
Partnership and Matching Shares (no consideration), respectively,
under the SIP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
44.5 p
|
4,045 (Partnership Shares)
|
|
Nil
|
4,045 (Matching Shares)
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
Not applicable - single transaction
|
|
e.
|
Date of the transaction
|
14 August 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
|
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Clive Lovett
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
Group Finance Director
|
|
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
Identification Code
|
Ordinary Shares of 10 pence
each
GB00BV9GHQ09
|
|
b.
|
Nature of the transaction
|
Purchase and allocation of
Partnership and Matching Shares (no consideration), respectively,
under the SIP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
44.5p
|
4,045 (Partnership Shares)
|
|
Nil
|
4,045 (Matching Shares)
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
Not applicable - single transaction
|
|
e.
|
Date of the transaction
|
14 August 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
|
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Lee Venables
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
COO
|
|
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
Identification Code
|
Ordinary Shares of 10 pence
each
GB00BV9GHQ09
|
|
b.
|
Nature of the transaction
|
Purchase and allocation of
Partnership and Matching Shares (no consideration), respectively,
under the SIP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
44.5p
|
4,045 (Partnership Shares)
|
|
Nil
|
4,045 (Matching Shares)
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
Not applicable - single transaction
|
|
e.
|
Date of the transaction
|
14 August 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
|
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Alison Beach
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
Director - Subsidiary
|
|
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
Identification Code
|
Ordinary Shares of 10 pence
each
GB00BV9GHQ09
|
|
b.
|
Nature of the transaction
|
Purchase and allocation of
Partnership and Matching Shares (no consideration), respectively,
under the SIP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
44.5p
|
4,045 (Partnership Shares)
|
|
Nil
|
4,045 (Matching Shares)
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
Not applicable - single transaction
|
|
e.
|
Date of the transaction
|
14 August 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
|
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
John Lord
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
Director - Subsidiary
|
|
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
Identification Code
|
Ordinary Shares of 10 pence
each
GB00BV9GHQ09
|
|
b.
|
Nature of the transaction
|
Purchase and allocation of
Partnership and Matching Shares (no consideration), respectively,
under the SIP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
44.5p
|
4,045 (Partnership Shares)
|
|
Nil
|
4,045 (Matching Shares)
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
Not applicable - single transaction
|
|
e.
|
Date of the transaction
|
14 August 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
|
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Nicole Rooney
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
Director - Subsidiary
|
|
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
Identification Code
|
Ordinary Shares of 10 pence
each
GB00BV9GHQ09
|
|
b.
|
Nature of the transaction
|
Purchase and allocation of
Partnership and Matching Shares (no consideration), respectively,
under the SIP.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
44.5p
|
4,045 (Partnership Shares)
|
|
Nil
|
4,045 (Matching Shares)
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
Not applicable - single transaction
|
|
e.
|
Date of the transaction
|
14 August 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
|
Enquiries
|
Kinovo plc
|
|
|
Sangita Shah, Chairman
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
Will Reynish
|
|