Director/PDMR Shareholding

RNS Number : 5772U

Knights Group Holdings PLC

01 April 2019

 

Knights Group Holdings plc

("Knights" or the "Company")

NOTIFICATION OF DEALING WITH GRANT OF AWARDS TO PDMR

On 29 March 2019, the following Performance Share Award over ordinary shares of 0.2p in Knights were granted under the Knights Group Holdings plc Omnibus Plan to the following person discharging managerial responsibilities:  

PDMR	No. of shares under Award	Type of Award
Richard King	63,352	Performance Share Award

The award will ordinarily become exercisable (or vest as relevant) on 1st July 2022 subject to the grantee's continued service and to the extent to which the adjusted earnings per share condition set for the award is satisfied. 

Details of the full notification received by the Company are set out below:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard King
2	Reason for the notification
a)	Position/status	Chief Operating Officer
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	Grant of nil cost Performance Share Award under the Knights Group Holdings Plc Omnibus Plan which subject to continued service and the extent to which the earnings per share performance conditions are met shall vest on 1 July 2022.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£2.900482	63,352 Performance Share Award
d)	Aggregated information
	- Aggregated volume	63,352
	- Price	£183,750
e)	Date of the transaction	29.03.19
f)	Place of the transaction	England

These 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.

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.

 

END

 

 

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