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Kin and Carta plc announced on 19 November 2021 that its PDMR and Chief Financial Officer, Chris Kutsor, acquired a right to purchase ordinary shares of 10p each. This right was acquired on 15 November 2021 under the Company's 2021 Employee Stock Purchase Plan and allows for the acquisition of shares on 2 December 2022, with Mr. Kutsor having elected to save $500 per month towards the purchase price, which will be 85% of the fair market value on 3 December 2021.
| Date | 19 Nov 2021 |
| Time | 10:59:25 |
| Category | Director/PDMR dealings |
| ID | 9870S |
KIN AND CARTA PLC
DIRECTOR/PDMR SHAREHOLDING
Kin and Carta plc (the 'Company') has been notified that on 15 November 2021, Chris Kutsor , a person discharging managerial responsibilities for the Company, acquired the right to purchase ordinary shares of 10p each in the Company on 2 December 2022 through the Company's Employee Stock Purchase Plan ('ESPP').
This notification is made in accordance with the requirements of the Market Abuse Regulation Article 19.
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Chris Kutsor |
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2. |
Reason for the notification |
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a) |
Position/status |
PDMR (Chief Financial Officer) |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Kin and Carta plc |
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b) |
LEI |
213800B32KQM8CENCR16 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares in Kin and Carta plc
GB0007689002 |
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b) |
Nature of the transaction |
A right under the Company's 2021 ESPP offering to acquire shares on 2 December 2022, at a purchase price determined on 3 December 2021. Chris Kutsor has elected to save $500 per month. The purchase price per share will be 85% of the fair market value of a Kin + Carta share on 3 December 2021, converted into US dollars at the prevailing exchange rate at close of business on that day |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Weighted average price - Aggregated price |
n/a (single transaction) |
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e) |
Date of the transaction |
2021-11-15 (GMT) |
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f) |
Place of the transaction |
Outside a trading venue |
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