Director/PDMR Shareholding

RNS Number : 0660W

Knights Group Holdings PLC

12 April 2019

 

Knights Group Holdings plc

("Knights", the "Company" or the "Group")

PDMR and PCA Notification

Knights announces that it was notified on 11 April 2019 that, on that date and following the payment of the dividend payment of 0.6p per share, which was declared in the half year results on 15 January 2019 and paid on 15 March 2019, Richard King (Chief Operating Officer) and Sarah King, his wife and a person closely associated, have through the medium of an automatic trading plan re-invested the dividends received by purchasing Ordinary Shares in the Company. Richard King purchased 61 Ordinary Shares of 0.2p in the Company, while his wife purchased 49 Ordinary Shares of 0.2p, giving a total of 110 shares purchased by Richard and his wife. These shares were purchased at the price of £2.80.

Richard King, and persons closely associated (PCA) with him, now hold 87,942 Ordinary Shares representing 0.12 per cent of the total voting rights of the Company.

The following notifications are made under article 19 of the Market Abuse Regulation ("MAR") relating to certain transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA") in the shares of the Company.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Anthony King
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Knights Group Holdings plc
b)	LEI	213800URB59EOGJKT919
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
	Identification code	GB00BFYF6298
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.80	61
d)	Aggregated information
	- Aggregated volume	61
	- Price	£2.80
e)	Date of the transaction	11.04.19
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sarah King
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Knights Group Holdings plc
b)	LEI	213800URB59EOGJKT919
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
	Identification code	GB00BFYF6298
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.80	49
d)	Aggregated information
	- Aggregated volume	49
	- Price	£2.80
e)	Date of the transaction	11.04.19
f)	Place of the transaction	England

Ends

Enquiries

Knights
David Beech, CEO	via MHP Communications
Numis (Nominated Adviser and Broker)
Stuart Skinner, Kevin Cruickshank, Michael Burke	[phone]
MHP Communications (Media enquiries)
Andrew Jaques, Katie Hunt, Kelsey Traynor	[phone] [e-mail]

Notes to Editors

Knights is a fast-growing, regional legal and professional services business, ranked within the UK top 100 largest law firms by revenue. Knights was one of the first law firms in the UK to move from the traditional partnership model to a corporate structure in 2012 and has since grown rapidly. Knights has specialists in all of the key areas of corporate and commercial law so that it can offer end-to-end support to businesses of all sizes and in all sectors. The Company's main focus is on the UK's secondary markets, offering 'big city' quality expertise from a regional cost base. Currently, Knights operates from eight offices located in Cheltenham, Chester, Derby, Leicester, Manchester, Oxford, Stoke and Wilmslow.

 

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