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REG - Keystone Law Grp PLC - Vesting of LTIP awards and PDMR notifications

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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 £0.002 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
 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
 c 1)  Price(s) and volume(s)                                       Price(s)                                                                                                                       Volume(s)
       Nil                                                                                                                                                                                                                                                                                                                        20
                                                                                                                                                                                                                                                                                                                                  ,8
                                                                                                                                                                                                                                                                                                                                  20
 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

                                                                    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
 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
 c 1)  Price(s) and volume(s)                                       Price(s)                                                                                                                       Volume(s)
       Nil                                                                                                                                                                                                                                                                                                                        20
                                                                                                                                                                                                                                                                                                                                  ,8
                                                                                                                                                                                                                                                                                                                                  20
 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

                                                                    15 September 2022
 f)    Place of the transaction

                                                                    London

 

 

 

 

-ENDS-

For further information please contact:

      Keystone Law Group plc                                           +44 (0) 20 3319 3700

 James Knight, Chief Executive Officer

 Ashley Miller, Finance Director

 www.keystonelaw.com (http://www.keystonelaw.com)

 Panmure Gordon (UK) Limited (Nominated Adviser and Joint Broker)
 Dominic Morley (Corporate Finance)                                    +44 (0) 20 7886 2500

 Erik Anderson (Corporate Broking)

 www.panmure.com (http://www.panmure.com)

 Investec Bank plc (Joint Broker)
 Carlton Nelson                                                        +44 (0) 20 7597 5970

 James Rudd

 www.investec.co.uk (http://www.investec.co.uk)

 Media enquiries:

 FTI Consulting
 Laura Ewart                                                           +44 (0)7711 387 085

 keystonelaw@fticonsulting.com (mailto: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 £9bn 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
(http://www.keystonelaw.co.uk) .

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