For immediate release |
23 September 2020 |
Keystone Law Group plc
('Keystone' or the 'Company')
Director/PDMR dealings
The board of Keystone Law Group plc was today informed of the following transactions in ordinary shares of 0.2 pence each ("Ordinary Shares") in the capital of the Company:
· William Robins, a PDMR of the Company, sold 110,000 Ordinary Shares. Mr Robins' interest is now in 1,453,698 Ordinary Shares, representing 4.6% of the Company's issued share capital.
· Root Capital Fund II Limited Partnership ("Root Capital"), classified as a Person Closely Associated with Simon Philips, a Non-Executive Director of the Company, sold 700,000 Ordinary Shares. Root Capital's interest is now in 350,000 Ordinary Shares, representing 1.1% of the Company's issued share capital.
These transactions, which took place yesterday, were each completed at a price of 475 pence per Ordinary Share.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
- Ends -
For further information:
Keystone Law Group plc |
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James Knight, Chief Executive Officer |
Tel: +44 (0) 20 3319 3700 |
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Ashley Miller, Finance Director |
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Panmure Gordon (UK) Limited (Nominated Adviser and Broker) |
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Dominic Morley / Alex Penney (Corporate Finance) |
Tel: +44 (0) 20 7886 2500 |
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Erik Anderson (Corporate Broking) |
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Media enquiries:
Buchanan |
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Henry Harrison-Topham / Steph Watson / Hannah Ratcliff |
Tel: +44 (0) 20 7466 5000 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.
1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name |
William Robins |
2
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Reason for the notification |
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a)
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Position/status
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Mr Robins is classified as a PDMR of Keystone Law Group plc.
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b)
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Initial notification /Amendment
|
Initial Notification |
3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a)
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Name
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Keystone Law Group plc |
b)
|
LEI |
213800RTARHELL51S215 |
4
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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 |
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a)
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Description of the financial instrument, type of instrument
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Ordinary Shares of 0.2 pence each in the capital of the Company |
b) |
Identification code
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GB00BZ020557 |
c)
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Nature of the transaction
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Sale of Ordinary Shares |
d)
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Price(s) and volume(s) |
Price: £4.75 Volume(s) - 110,000
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d)
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Aggregated information - Aggregated volume - Price |
N/a
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e)
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Date of the transaction |
22 September 2020 |
f)
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Place of the transaction |
London Stock Exchange, AIM (XLON) |
1
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Details of the person discharging managerial responsibilities / person closely associated |
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a)
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Name |
Root Capital Fund II Limited Partnership |
2
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Reason for the notification |
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a)
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Position/status
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Person Closely Associated Simon Philips is a Non-Executive Director and PDMR of Keystone Law Group plc, managing partner of Root Capital LLP and a limited partner in Root Capital Fund II Limited Partnership. Root Capital LLP is the general partner of Root Capital Fund II Limited Partnership.
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b)
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Initial notification /Amendment
|
Initial Notification |
3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a)
|
Name
|
Keystone Law Group plc |
b)
|
LEI |
213800RTARHELL51S215 |
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 of 0.2 pence each in the capital of the Company |
b) |
Identification code
|
GB00BZ020557 |
c)
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Nature of the transaction
|
Sale of Ordinary Shares |
d)
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Price(s) and volume(s) |
Price: £4.75 Volume(s) - 700,000
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d)
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Aggregated information - Aggregated volume - Price |
N/a
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e)
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Date of the transaction |
22 September 2020 |
f)
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Place of the transaction |
London Stock Exchange, AIM (XLON) |
Name of authorised official of issuer responsible for making notification.
Ashley Miller
Finance Director of Keystone Law Group plc