Keystone Law Group PLC Director/PDMR Shareholding (1687D)
October 05 2018 - 7:46AM
UK Regulatory
TIDMKEYS
RNS Number : 1687D
Keystone Law Group PLC
05 October 2018
For immediate release 5 October 2018
Keystone Law Group plc
('Keystone' or the 'Company')
Director/PDMR dealings
The board of Keystone Law Group plc was today informed of the
following transaction in ordinary shares of 0.2 pence each
("Ordinary Shares") in the capital of the Company:
-- Root Capital Fund II Limited Partnership ("Root Capital"),
classified as a Person Closely Associated with Simon Philips, a
Non-Executive Director of the Company, sold 2,125,000 Ordinary
Shares. Root Capital's interest is now in 3,150,000 Ordinary
Shares, representing 10.07% of the Company's issued share
capital.
This transaction, which was undertaken today in response to
market demand, was completed at a price of 375 pence per Ordinary
Share.
Prior to undertaking this transaction, Root Capital obtained the
consent of the Company and Panmure Gordon (UK) Limited to the
lifting of the lock-in agreement ("the Agreement") entered into at
the time of the Company's IPO in respect of the Ordinary Shares
sold.
Root Capital has agreed not to sell any further Ordinary Shares
until the publication of the Company's results for the year ended
31 January 2019. In accordance with the Agreement, the orderly
market period then continues until 27 November 2019.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
- Ends -
For further information:
Keystone Law Group plc
James Knight, Chief Executive Tel: +44 (0) 20 3319 3700
Officer
Ashley Miller, Finance Director www.keystonelaw.co.uk
Panmure Gordon (UK) Limited
(Nominated Adviser and Broker)
Andrew Potts / Dominic Morley (Corporate Tel: +44 (0) 20 7886
Advisory) 2500
Erik Anderson (Corporate Broking)
www.panmure.com
Media enquiries:
Buchanan
Henry Harrison-Topham / Steph Watson Tel: +44 (0) 20 7466 5000
KeystoneLaw@Buchanan.uk.com www.buchanan.uk.com
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated with them.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Root Capital Fund II Limited Partnership
-------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Person Closely Associated
Simon Philips is a Non-Executive Director
and PDMR of Keystone Law Group plc, managing
partner of Root Capital LLP and a limited
partner in Root Capital Fund II Limited
Partnership. Root Capital LLP is the
general partner of Root Capital Fund
II Limited Partnership.
-------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Keystone Law Group plc
-------------------------- ----------------------------------------------
b) LEI 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 Ordinary Shares of 0.2 pence each in
financial instrument, the capital of the Company
type of instrument
-------------------------- ----------------------------------------------
b) Identification code GB00BZ020557
-------------------------- ----------------------------------------------
c) Nature of the transaction Sale of Ordinary Shares
-------------------------- ----------------------------------------------
d) Price(s) and volume(s) Price: GBP3.75
Volume(s) - 2,125,000
-------------------------- ----------------------------------------------
d) Aggregated information N/a
- Aggregated volume
- Price
-------------------------- ----------------------------------------------
e) Date of the transaction 05 October 2018
-------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange, AIM (XLON)
-------------------------- ----------------------------------------------
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014. Upon the publication
of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public
domain.
Name of authorised official of issuer responsible for making
notification.
Ashley Miller
Finance Director, Keystone Law Group plc
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.
END
DSHBDBDGXSGBGIU
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