Knights Group Holdings plc
("Knights" or the "Company")
NOTIFICATION OF DEALING WITH GRANT OF AWARDS TO PDMR
On 29 March 2019, the following Performance Share Award over ordinary shares of 0.2p in Knights were granted under the Knights Group Holdings plc Omnibus Plan to the following person discharging managerial responsibilities:
| PDMR | No. of shares under Award | Type of Award |
| Richard King | 63,352 | Performance Share Award
|
The award will ordinarily become exercisable (or vest as relevant) on 1st July 2022 subject to the grantee's continued service and to the extent to which the adjusted earnings per share condition set for the award is satisfied.
Details of the full notification received by the Company are set out below:
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Richard King
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Operating 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
| Grant of nil cost Performance Share Award under the Knights Group Holdings Plc Omnibus Plan which subject to continued service and the extent to which the earnings per share performance conditions are met shall vest on 1 July 2022.
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £2.900482 | 63,352 Performance Share Award
| | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 63,352 | ||||
| | | ||||
| - Price | £183,750 | ||||
| | | ||||
| e)
| Date of the transaction
| 29.03.19 | |||
| f)
| Place of the transaction
| England | |||
These notifications are made under article 19 of the Market Abuse Regulation ("MAR") relating to certain transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA") in the shares of the Company.
Ends
Enquiries
| Knights | |
| David Beech, CEO | via MHP Communications |
| Numis (Nominated Adviser and Broker) | |
| Stuart Skinner, Kevin Cruickshank, Michael Burke | +44 20 7260 1000 |
| MHP Communications (Media enquiries) | |
| Andrew Jaques, Katie Hunt, Kelsey Traynor | +44 20 3128 8100 |
Notes to Editors
Knights is a fast-growing, regional legal and professional services business, ranked within the UK top 100 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 of the 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. The Company's main focus is on the UK's secondary markets, offering 'big city' quality expertise from a regional cost base. Currently, Knights operates from eight offices located in Cheltenham, Chester, Derby, Leicester, Manchester, Oxford, Stoke and Wilmslow.