Keystone Law Group PLC Director/PDMR dealings (6593O)

TIDMKEYS

RNS Number : 6593O

Keystone Law Group PLC

03 October 2019

 
 For immediate release   3 October 2019 
 

Keystone Law Group plc

('Keystone' or the 'Company')

Director/PDMR dealings

The board of Keystone announces that on 2 October 2019, the Company was notified that Root Capital Fund II Limited Partnership ("Root Capital") had sold 1,100,000 ordinary shares in the capital of the Company ("Ordinary Shares") in response to market demand. Root Capital is classified as a Person Closely Associated with Simon Philips, a Non-Executive Director of the Company.

This transaction took place on 2 October 2019 and was completed at a price of 475 pence per Ordinary Share. Root Capital's interest following the transaction is now in 1,050,000 Ordinary Shares, representing approximately 3.4% of the Company's issued share capital.

Root Capital has agreed not to sell any further Ordinary Shares until the publication of the Company's preliminary results for the year ending 31 January 2020. 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 Officer     Tel: [phone] 
                                                           3700 
                                         ---------------------- 
 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] 
                                                           5000 
                                         ---------------------- 
 [e-mail]                www.buchanan.uk.com 
                                         ---------------------- 
 

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                        Root Capital Fund II Limited Partnership 
     --------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status             Person Closely Associated 
                                   Simon Philips is a Non-Executive Director 
                                   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: GBP4.75 
                                   Volume(s) - 1,100,000 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information       N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     2 October 2019 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM (XLON) 
     --------------------------  ---------------------------------------------- 
 

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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October 03, 2019 05:00 ET (09:00 GMT)