REG - Knights Group Hldgs - Director/PDMR Shareholding

Knights groupAnnouncement

30/10/2024 07:00

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RNS Number : 1299K  Knights Group Holdings PLC  30 October 2024

Knights Group Holdings plc

(Knights, the Company or the Group)

PDMR Notification

As required under article 19 of the Market Abuse Regulation (MAR) the Company
announces that on 29 October 2024, the following awards over ordinary shares
of 0.2p in Knights were granted under the Knights Group Holdings plc Omnibus
Plan and the CSOP Appendix to the Omnibus Plan to the following persons
discharging managerial responsibilities (PDMR), or their closely associated
persons

 Name of PDMR or Closely Associated Person  No. of performance shares awarded  No. of shares awarded as restricted stock awards  No. of shares awarded under as CSOP's
 Kate Lewis                                 600,000                            150,000                                                                48,465
 Joanne Beech                               240,000                            60,000                                                                 48,465

 

The restricted stock awards and performance share awards will ordinarily
become exercisable (or vest as relevant) in July 2028 on the day of the
release of the Company's audited results subject to the grantee's continued
service and, in the case of the performance share award, only to the extent to
which the adjusted earnings per share condition set for the award is
satisfied.

The CSOP award will become exercisable on the third anniversary of the date of
grant subject to the grantee's continued service.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and their closely associated persons are set out
below

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kate Lewis
 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer
 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                                    Issue of a CSOP, restricted stock award and a performance share award which
                                                                   vests based upon the earnings per share condition and employment condition
                                                                   being satisfied
 c)   Price(s) and volume(s)

                                                                   Price(s)                             Volume(s)                   Volume(s)
                                                                   £1.238 per share                     48,465                      48,465

                                                                   Nominal price of £0.002 per share    150,000                     150,000

                                                                   Nominal price of £0.002 per share

                                                                                                        600,000                     600,000
 d)   Aggregated information

      - Aggregated volume                                          798,465

      - Price                                                      N/A

 e)   Date of the transaction                                      29 October 2024
 f)   Place of the transaction                                     Outside trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Joanne Beech
 2    Reason for the notification

 a)   Position/status                                              Group Operations Director and Closely Associated Person of David Beech

 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                                    Issue of a CSOP, restricted stock award and a performance share award
 c)   Price(s) and volume(s)

                                                                   Price(s)                              Volume(s)
                                                                   £1.238 per share                      48,465

                                                                   Nominal price of £0.002 per share     60,000

                                                                   Nominal price of £0.002 per share

                                                                                                         240,000
 d)   Aggregated information

      - Aggregated volume                                          348,465

      - Price                                                      N/A

 e)   Date of the transaction                                      29 October 2024
 f)   Place of the transaction                                     Outside trading venue

 

 

Ends

Enquiries

 Knights
 David Beech, CEO                   via MHP Communications
 Deutsche Numis (Nominated Adviser and Broker)
 Stuart Skinner, Kevin Cruickshank  +44 20 7260 1000
 MHP Communications (Media enquiries)
 Katie Hunt, Eleni Menikou          +44 20 3128 8794

                                    knights@mhpgroup.com (mailto:knights@mhpgroup.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 and Private
Wealth services. It is focussed on key UK markets outside London and currently
operates from 26 offices located in Birmingham, Brighton, Bristol, Carlisle,
Cheltenham, Chester, Exeter, Kidderminster, Kings Hill, Leeds, Leicester,
Lincoln, Manchester, Newbury, Newcastle, Nottingham, Oxford, Portsmouth,
Sheffield, Solihull, Stoke, Teesside, Weybridge, Wilmslow, Worcester and York.

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