PJ Claesson

5,072,926

Johan och Marianne Claesson AB

1,947,461

Fastighets AB Bremia

567,500

CA Fastigheter AB

2,241,036

Total

9,828,923

K3 Business Technology Group plc

Adalsteinn Valdimarsson, CEO

Rob Price, CFO

T: 0161 876 4498

finnCap Limited (NOMAD & Broker)

Julian Blunt/James Thompson (Corporate Finance)

Camille Gochez (Corporate Broking)

T: 020 7220 0500

KTZ Communications

Katie Tzouliadis/Dan Mahoney

T: 020 3178 6378

1.

Details ofPersons Discharging Managerial Responsibilities 'PDMR' / person closely associated with them ('PCA')

a)

Name

PJ Claesson

2.

Reason for notification

b)

Position / status

Non-executive director. Acquisition of shares by

CA Fastigheter AB, a company controlled by PJ Claesson

c)

Initial notification / amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

b)

Name

K3 Business Technology Group plc

c)

LEI

213800QOJ9OF2AV81748

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

Identification code

ordinary shares of 25p each

GB00B00P6061

b)

Nature of the transaction

Acquisition of ordinary shares of 25p each

c)

Price(s) and volume(s)

Volume: 17,000

179p per Ordinary Share

d)

Aggregated information

Aggregated volume Price

n/a

e)

Date of the transaction

23 October 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)