Issue of shares & completion of acquisition of ASB

RNS Number : 0926K

Knights Group Holdings PLC

17 April 2020

 

Knights Group Holdings plc

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

Issue of shares following completion of the acquisition of ASB Law LLP

Knights, one of the UK's fastest growing legal and professional services businesses, is pleased to confirm that the acquisition of ASB Law LLP ("ASB") has now completed, in line with the timeframe announced in the acquisition announcement of 5 March 2020. Accordingly a total of  181,675 new ordinary shares of 0.2 pence each have been issued to the vendors of ASB to satisfy the share-based consideration on the acquisition.

Application has been made for the admission to trading on AIM of these 181,675 shares, which is expected to occur on 20 April 2020. Following admission, Knights will have 80,636,765 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	[phone]
MHP Communications (Media enquiries)
Andrew Jaques, Katie Hunt, Rachel Mann	[phone] [e-mail]

 

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