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Pin to quick picksKeystone Law G. Regulatory News (KEYS)

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Vesting of LTIP awards and PDMR notifications

20 Sep 2022 09:36

RNS Number : 9708Z
Keystone Law Group PLC
20 September 2022
 

20 September 2022

Keystone Law Group plc

('Keystone' or the 'Group' or 'Company')

 

Vesting of LTIP awards and PDMR notifications

 

 

Keystone Law Group plc (AIM: KEYS), the fast growing, UK Top 100, challenger law firm, announces that the Company has issued 92,202 £0.002 ordinary shares in the capital of the Company ("Ordinary Shares"). These shares have been allotted, following achievement of the performance criteria required to vest 100% of the awards, to the beneficiaries of the share awards granted on 4 July 2018, under the Keystone Law Long Term Incentive Plan 2018 ('LTIP'). Of these shares, 41,640 were allocated to PDMR's of the Group.

 

Name

Number of Shares

Ashley Miller (Executive Director, Finance Director)

20,820

William Robins (PDMR)

20,820

Application has been made to the London Stock Exchange for 92,202 Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8:00 a.m. on 26 September 2022. The Ordinary Shares will rank pari passu with the existing ordinary shares in the Company.

Set out below are the notifications, made in accordance with the requirements of the Market Abuse Regulation.

 

PDMR DEALING NOTIFICATION TEMPLATE

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

Ashley Rupert James Patrick Miller

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Keystone Law Group plc

b)

Legal Entity Identifier

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 £0.002 each in Keystone Law Group plc

 

Identification code

GB00BZ020557

b 1)

Nature of the transaction

Grant of LTIP Award under the Keystone Law Long Term Incentive Plan

c 1)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

20,820

b 2)

Nature of the transaction

c 2)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

d)

Aggregated information

 

Not applicable single transaction

- Aggregated volume

- Price

e)

Date of the transaction

 

15 September 2022

f)

Place of the transaction

 

London

 

 

 

 

PDMR DEALING NOTIFICATION TEMPLATE

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

William Robins

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Keystone Law Group plc

b)

Legal Entity Identifier

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 £0.002 each in Keystone Law Group plc

 

Identification code

GB00BZ020557

b 1)

Nature of the transaction

Grant of LTIP Award under the Keystone Law Long Term Incentive Plan

c 1)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

20,820

b 2)

Nature of the transaction

c 2)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

d)

Aggregated information

 

Not applicable single transaction

- Aggregated volume

- Price

e)

Date of the transaction

 

15 September 2022

f)

Place of the transaction

 

London

 

 

 

 

-ENDS-

For further information please contact:

Keystone Law Group plc

James Knight, Chief Executive Officer

Ashley Miller, Finance Director

www.keystonelaw.com

 

+44 (0) 20 3319 3700 

Panmure Gordon (UK) Limited (Nominated Adviser and Joint Broker)

Dominic Morley (Corporate Finance)

Erik Anderson (Corporate Broking)

www.panmure.com

+44 (0) 20 7886 2500

Investec Bank plc (Joint Broker)

Carlton Nelson

James Rudd

www.investec.co.uk

 

Media enquiries:

+44 (0) 20 7597 5970

FTI Consulting 

Laura Ewart

 

+44 (0)7711 387 085 

keystonelaw@fticonsulting.com

 

 

Notes to editors

Keystone is an award-winning law firm, providing conventional legal services to SMEs and high net worth individuals in a £9bn addressable market.

 

Keystone has a scalable and unique model, with three defining characteristics:

· Our lawyers have freedom, flexibility and autonomy, and are paid up to 75% of what they bill.

· Our lawyers determine how, when and where they work, in contrast to the conventional law firm model.

· We offer lawyers full infrastructure and support via its central office team, bespoke user-friendly IT platform, and network of colleagues and events.

 

Keystone is a full-service law firm, with 20 service areas and more than 50 industry sectors delivered by nearly 400 high calibre self-employed Principal lawyers who work from their own offices.

 

In November 2020, Keystone was named Law Firm of the Year by The Lawyer, the first time a 'new' law firm has won the award.

 

More information about Keystone can be found at www.keystonelaw.co.uk.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCVBLBLLKLXBBZ
Date   Source Headline
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