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
Nominal price of £0.002 per
share
Nominal price of £0.002 per
share
|
48,465
150,000
600,000
|
48,465
150,000
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
Nominal price of £0.002 per
share
Nominal price of £0.002 per
share
|
48,465
60,000
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
|
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.
