Director / PDMR Shareholding and Issue of Equity
Kazera Global plc announced that Chief Executive Officer Paul Dulieu purchased 2,130,000 ordinary shares at £0.014 each, increasing his beneficial interest to approximately 0.18% of the issued share capital. Additionally, Executive Director Richard Jennings converted £40,868 of loan interest into 4,086,800 new ordinary shares at £0.01 per share, preserving cash and increasing his holding to approximately 24.98% of the issued share capital. The 4,086,800 conversion shares are expected to be admitted to trading on AIM on November 4, 2026, bringing the total issued share capital to 1,170,104,706 ordinary shares.
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Kazera Global plc (AIM: KZG), the AIM-quoted investment company, announces the following director dealings and the allotment of new ordinary shares in settlement of loan interest.
Director share purchase
The Company has been notified that Paul Dulieu, Chief Executive Officer, has purchased 2,130,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of £0.014 per share on 29 October 2026.
Following the purchase, Paul Dulieu's beneficial interest in the Company is 2,130,000 Ordinary Shares, representing approximately 0.18% of the Company's current issued share capital.
Conversion of loan interest into equity
Further to the Company's announcement of 30 April 2026 regarding the extension and increase of its unsecured loan facility with Richard Jennings, Executive Director, Mr Jennings has elected, pursuant to the terms of his amended loan agreement with the Company, to convert £40,868 of interest owed to him into 4,086,800 new Ordinary Shares at a conversion price of £0.01 per share (the "Conversion Shares").
The Board has approved the allotment of the Conversion Shares, with settlement scheduled for 1 December 2026. The Conversion Shares will be issued in satisfaction of the £40,868 interest liability, preserving an equivalent amount of cash within the Company. The conversion relates solely to interest and does not reduce the outstanding principal under the loan agreement. No cash will be paid by the Company in respect of the interest converted.
Following the allotment of the Conversion Shares, together with his connected persons, Mr Jennings' interest in the Ordinary shares of the Company will increase to 292,324,570 Ordinary Shares (such interest including a long spreadbet over 38,000,000 Ordinary Shares), representing approximately 24.98% of the Company's issued share capital.
Admission and total voting rights
Application will be made for the 4,086,800 Conversion Shares to be admitted to trading on AIM ("Admission"). The Conversion Shares will rank pari passu in all respects with the Company's existing Ordinary Shares.
It is expected that Admission will become effective and dealings in the Conversion Shares will commence at 8.00 a.m. on or around 4 November 2026.
Following Admission of the Conversion Shares, the total number of Ordinary Shares in the capital of the Company in issue will be 1,170,104,706 each with voting rights.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Paul Dulieu | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | Kazera Global plc | |
| b) | Legal Entity Identifier | 213800U4PZ148SFLGY26 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.1 pence each GB00B830HW33 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.014 | 2,130,000 | ||
| e) | Aggregated information - Aggregated volume - Price - Aggregated total | 2,130,000 Ordinary Shares, bought at a price of £0.014 per share, totalling £29,820. | |
| f) | Date of the transaction | 29 October 2026 | |
| g) | Place of the transaction | London Stock Exchange, AIM | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Richard Stephen Jennings | |
| 2 | Reason for the notification | ||
| a) | Position/status | Executive Director | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | Kazera Global plc | |
| b) | Legal Entity Identifier | 213800U4PZ148SFLGY26 | |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 0.1 pence each GB00B830HW33 | |
| b) | Nature of the transaction | Acquisition upon conversion of loan interest | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £0.01 | 4,086,800 | ||
| e) | Aggregated information - Aggregated volume - Price - Aggregated total | Aggregated volume: 4,086,800 Ordinary Shares; price: 1 penny per share; aggregate consideration: £40,868 | |
| f) | Date of the transaction | 29 October 2026 | |
| g) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.