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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
  -2.50 -0.58% 430.00 425.00 435.00 432.50 430.00 432.50 5,325 08:46:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
69.6 83.6 21.3 20.2 134

Keystone Law Group PLC Vesting of LTIP awards and PDMR notifications

20/09/2022 9:36am

UK Regulatory (RNS & others)


Keystone Law (LSE:KEYS)
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TIDMKEYS

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 GBP0.002 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 
        Details of the person discharging managerial responsibilities/person 
  1      closely associated 
       ---------------------------------------------------------------------------- 
 a)     Name                        Ashley Rupert James Patrick Miller 
       --------------------------  ------------------------------------------------ 
        Reason for the notification 
  2 
       ---------------------------------------------------------------------------- 
 a)     Position/status             Finance Director 
       --------------------------  ------------------------------------------------ 
 b)     Initial notification        Initial 
         /Amendment 
       --------------------------  ------------------------------------------------ 
        Details of the issuer, emission allowance market participant, 
  3      auction platform, auctioneer or auction monitor 
       ---------------------------------------------------------------------------- 
 a)     Name                        Keystone Law Group plc 
       --------------------------  ------------------------------------------------ 
 b)     Legal Entity                213800RTARHELL51S215 
         Identifier 
       --------------------------  ------------------------------------------------ 
        Details of the transaction(s): section to be repeated for 
  4      (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              Ordinary shares of GBP0.002 each in Keystone 
         the financial               Law Group plc 
         instrument, type 
         of instrument 
       --------------------------  ------------------------------------------------ 
        Identification              GB00BZ020557 
         code 
       --------------------------  ------------------------------------------------ 
 b      Nature of the               Grant of LTIP Award under the Keystone Law 
  1)     transaction                 Long Term Incentive Plan 
       --------------------------  ------------------------------------------------ 
 c      Price(s) and                Price(s)               Volume(s) 
  1)     volume(s) 
       --------------------------  ---------------------  ------------------------- 
   Nil                                                     20,820 
  ------------------------------------------------------  ------------------------- 
 b      Nature of the 
  2)     transaction 
       -------------------------------------------------  ------------------------- 
 c      Price(s) and                Price(s)                Volume(s) 
  2)     volume(s) 
       --------------------------  ----------------------  ------------------------ 
 
 d)     Aggregated information 
       ------------------------------------------------- 
  - Aggregated 
   volume 
 ------------------------------------------------- 
  - Price                     Not applicable single transaction 
 --------------------------  ------------------------------------------------------ 
 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 
        Details of the person discharging managerial responsibilities/person 
  1      closely associated 
       ---------------------------------------------------------------------------- 
 a)     Name                        William Robins 
       --------------------------  ------------------------------------------------ 
        Reason for the notification 
  2 
       ---------------------------------------------------------------------------- 
 a)     Position/status             PDMR 
       --------------------------  ------------------------------------------------ 
 b)     Initial notification        Initial 
         /Amendment 
       --------------------------  ------------------------------------------------ 
        Details of the issuer, emission allowance market participant, 
  3      auction platform, auctioneer or auction monitor 
       ---------------------------------------------------------------------------- 
 a)     Name                        Keystone Law Group plc 
       --------------------------  ------------------------------------------------ 
 b)     Legal Entity                213800RTARHELL51S215 
         Identifier 
       --------------------------  ------------------------------------------------ 
        Details of the transaction(s): section to be repeated for 
  4      (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              Ordinary shares of GBP0.002 each in Keystone 
         the financial               Law Group plc 
         instrument, type 
         of instrument 
       --------------------------  ------------------------------------------------ 
        Identification              GB00BZ020557 
         code 
       --------------------------  ------------------------------------------------ 
 b      Nature of the               Grant of LTIP Award under the Keystone Law 
  1)     transaction                 Long Term Incentive Plan 
       --------------------------  ------------------------------------------------ 
 c      Price(s) and                Price(s)               Volume(s) 
  1)     volume(s) 
       --------------------------  ---------------------  ------------------------- 
   Nil                                                     20,820 
  ------------------------------------------------------  ------------------------- 
 b      Nature of the 
  2)     transaction 
       -------------------------------------------------  ------------------------- 
 c      Price(s) and                Price(s)               Volume(s) 
  2)     volume(s) 
       --------------------------  ---------------------  ------------------------- 
 
 d)     Aggregated information 
       ------------------------------------------------- 
  - Aggregated 
   volume 
 ------------------------------------------------- 
  - Price                     Not applicable single transaction 
 --------------------------  ------------------------------------------------------ 
 e)     Date of the transaction 
                                      15 September 2022 
       --------------------------  ------------------------------------------------ 
 f)     Place of the 
         transaction                  London 
       --------------------------  ------------------------------------------------ 
 
 

-S-

For further information please contact:

 
      Keystone Law Group plc 
       James Knight, Chief Executive Officer 
       Ashley Miller, Finance Director                 +44 (0) 20 3319 
       www.keystonelaw.com                                        3700 
   Panmure Gordon (UK) Limited (Nominated Adviser 
    and Joint Broker) 
   Dominic Morley (Corporate Finance) 
    Erik Anderson (Corporate Broking)                  +44 (0) 20 7886 
    www.panmure.com                                               2500 
 
   Investec Bank plc (Joint Broker) 
   Carlton Nelson 
    James Rudd 
    www.investec.co.uk 
                                                       +44 (0) 20 7597 
    Media enquiries:                                              5970 
 
   FTI Consulting 
                                                       +44 (0)7711 387 
   Laura Ewart                                                     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 GBP9bn 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.

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END

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September 20, 2022 04:36 ET (08:36 GMT)

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