Keystone Law Group PLC Director/PDMR dealings (6757A)

TIDMKEYS

RNS Number : 6757A

Keystone Law Group PLC

31 May 2019

 
 For immediate release   31 May 2019 
 

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 1,000,000 Ordinary Shares. Root Capital's interest is now in 2,150,000 Ordinary Shares, representing 6.87% of the Company's issued share capital.

This transaction, which was undertaken today in response to market demand, was completed at a price of 450 pence per Ordinary Share.

Root Capital has agreed not to sell any further Ordinary Shares until the publication of the Company's interim results for the six months ending 31 July 2019. In addition, Root Capital's interest is governed by an orderly market agreement which 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: [phone] 
 Officer 
Ashley Miller, Finance Director           www.keystonelaw.co.uk 
 Panmure Gordon (UK) Limited 
  (Nominated Adviser and Broker) 
Dominic Morley / Ryan Lever (Corporate     Tel: [phone] 
 Advisory)                                                 2500 
Erik Anderson (Corporate Broking)               www.panmure.com 
 
 
 
 

Media enquiries:

 
Buchanan 
Henry Harrison-Topham / Steph Watson  Tel: [phone] 
[e-mail]                 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: GBP4.50 
                                   Volume(s) - 1,000,000 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information       N/a 
       - Aggregated volume 
       - Price 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     30 May 2019 
     --------------------------  ---------------------------------------------- 
 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 [e-mail] or visit www.rns.com.

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May 31, 2019 02:00 ET (06:00 GMT)