REG - Knights Group Hldgs - Director/PDMR Shareholding

Knights groupAnnouncement

09/02/2022 07:00

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RNS Number : 0795B  Knights Group Holdings PLC  09 February 2022

Knights Group Holdings plc

("Knights", the "Company" or the "Group")

PDMR Notification

Kate Lewis (Chief Financial Officer of Knights) exercised 243,516 share
options granted under a restricted stock award dated 29 June 2018 on 8
February 2022. Principally in order to fund the resulting tax and national
insurance liability arising from the exercise, Kate Lewis subsequently
disposed of 180,000 ordinary shares on 8(th) February 2022 at a price of
£3.75 per share.

Kate Lewis' deemed interest in Knights shares as a consequence of the exercise
of the award and subsequent disposal is as follows:

 Award Shares Vested  Award Shared Sold  Total Knights Shares now held  % of Knights shares in issue
 243,516              180,000            63,516                         0.07%

 

No consideration was paid to the Company for the grant of the award and the
consideration for the option shares was £0.002 per share.

The total number of shares in issue following the exercise of the option
referred to above is 84,372,732 ordinary shares of £0.002 each.

The following notifications are made under article 19 of the Market Abuse
Regulation ("MAR") relating to certain transactions by persons discharging
managerial responsibilities ("PDMR") in the shares of the Company.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kate Lewis
 2    Reason for the notification

 a)   Position/status                                              CFO and PDMR
 b)   Initial notification /Amendment                              Initial Notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Knights Group Holdings plc
 b)   LEI                                                          213800URB59EOGJKT919
 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

      Identification code                                          GB00BFYF6298
 b)   Nature of the transaction                                    1.    Exercise of option over vested shares under a restricted stock award
                                                                   granted on 29 June 2018

                                                                   2.    Sale of part of vested award shares to fund tax liabilities and
                                                                   provide cash proceeds
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         1.    £0.002          243,516

                                                                                         2.    £3.75           180,000
 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price                                                      N/A

 e)   Date of the transaction                                      8 February 2022
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

Ends

Enquiries

 Knights
 David Beech, CEO                        Via MHP Communications

 Numis (Nomad and Broker)
 Stuart Skinner, Kevin Cruickshank       020 7260 1000
 MHP Communications (Media enquiries)
 Andrew Jaques, Katie Hunt, Rachel Mann  020 3128 8100

07585 301464

knights@mhpc.com

 

Notes to Editors

Knights is a fast-growing, legal and professional services business, ranked
within the UK's top 50 largest law firms by revenue. Knights was one of the
first law firms in the UK to move from the traditional partnership model to a
corporate structure in 2012 and has since grown rapidly. Knights has
specialists in all key areas of corporate and commercial law so that it can
offer end-to-end support to businesses of all sizes and in all sectors. It is
focussed on key UK markets outside London and currently operates from 17
offices located in Birmingham, Cheltenham, Chester, Crawley, Exeter, Leeds,
Leicester, Maidstone, Manchester, Nottingham, Oxford, Sheffield, Stoke,
Teesside, Weybridge, Wilmslow and York.

 

 

 

 

 

 

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