Issue of shares under SAYE

RNS Number : 2316O

Knights Group Holdings PLC

30 September 2019

 

Knights Group Holdings plc

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

Issue of shares under Save As You Earn Scheme

Knights Group Holdings plc ("Knights", "the Group"), one of the UK's fastest growing legal and professional services businesses, announces that a total of 742 new ordinary shares of 0.2 pence each ("Shares") have been issued pursuant to the Group's Save As You Earn ("SAYE") employee share scheme.

All eligible employees were invited to apply for Options under the SAYE which become exercisable following the end of a three year savings contract, or earlier if the individual is denoted a 'good leaver'.  The exercise price of the Options was set at a discount of 20% from the average of the closing middle market share price over the three dealing days prior to the invitation date of 23 November 2018 being 201.9p.  

Application has been made for the admission to trading on AIM of these 742 shares, which is expected to occur on 3 October 2019. Following admission, Knights will have 73,326,161  shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interests in, the Company under the FCA's Disclosure and Transparency Rules.

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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, Rachel Mann	[phone] [e-mail]

 

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