ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

KEYS Keystone Law Group Plc

586.00
1.00 (0.17%)
04 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Keystone Law Group Plc LSE:KEYS London Ordinary Share GB00BZ020557 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.17% 586.00 582.00 590.00 586.00 585.00 585.00 31,031 13:38:41
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Legal Services 87.93M 7.65M 0.2421 24.20 184.82M

Keystone Law Group PLC Director/PDMR Shareholding

15/05/2024 12:15pm

RNS Regulatory News


RNS Number : 5729O
Keystone Law Group PLC
15 May 2024
 

15 May 2024

 

 

Keystone Law Group Plc

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

 

Director / PDMR shareholding

 

Keystone Law Group plc (AIM: KEYS), the network and tech-enabled challenger law firm, announces that the following awards have been granted over ordinary shares in the capital of the Company under the Keystone Law Long Term Incentive Plan 2018 ('LTIP').

 

Name

Number of Shares subject to variation

Ashley Miller (Executive Director, Finance Director)

22,085

William Robins (PDMR)

22,085

 

The LTIP Awards have been granted as performance share awards and will vest on the third anniversary of their grant subject to the grantee's continued employment and to the extent to which the adjusted Earnings Per Share ('EPS') and Relative Total Shareholder Return ('TSR') performance conditions set out in the LTIP Award are met. 

 

80% of the LTIP Awards will be assessed on growth in adjusted EPS over the three-year period, with compound annual growth ('CAGR') of less than 3.0% delivering none of this element of the LTIP Award, 3.0% CAGR delivering 20% of this element of the LTIP Award and 100% of this element being granted for delivery of 5.9% CAGR in adjusted EPS over the three-year period.

 

20% of the LTIP Awards will be assessed on the TSR of the Company over the three-year period relative to that of those companies included in the FTSE Fledgling Index throughout the Performance Period; with 100% being awarded for performance in the top quartile, 50% for performance in the second quartile and nothing awarded for performance below the median.

 

In addition, the recipients of the LTIP Awards will be required to retain shares awarded under the LTIP awards for one year from the vesting date subject to the ability to sell sufficient shares to discharge any tax liability.

Set out below are the notifications, made in accordance with the requirements of the Market Abuse Regulation, in relation to the variation of the LTIP Awards.

 

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.  The Award is structured as a performance share award which shall ordinarily vest on the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c 1)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

22,085

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

 14 May 2024

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.  The Award is structured as a performance share award which shall ordinarily vest on the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied.

c 1)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

22,085

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

 14 May 2024

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)

Rupert Dearden (Corporate Broking)

www.panmure.com

+44 (0) 20 7886 2500

 

Investec Bank plc (Joint Broker)

Carlton Nelson

James Rudd

www.investec.co.uk

+44 (0) 20 7597 5970

 

Vigo Consulting (Financial Public Relations)

Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald

keystonelaw@vigoconsulting.com

+44 (0)207 390 0233

 

 

 

Notes to editors

 

Keystone Law (AIM: KEY), is an award-winning, UK Top 100, law firm, providing conventional legal services in a £10bn addressable market through its scalable and unique model, with three defining characteristics:

 

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

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

·      Lawyers are provided full infrastructure and support via its central office team, bespoke user-friendly IT platform, and network of colleagues and events.

 

Keystone Law 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 Law 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
 
 
DSHBGGDUCUBDGSU

1 Year Keystone Law Chart

1 Year Keystone Law Chart

1 Month Keystone Law Chart

1 Month Keystone Law Chart

Your Recent History

Delayed Upgrade Clock