Director/PDMR Shareholding

RNS Number : 9442F

Knights Group Holdings PLC

12 March 2020

 

Knights Group Holdings plc

("Knights" or the "Company")

NOTIFICATION OF DEALING WITH GRANT OF AWARDS TO PDMR

On 10 March 2020, the following Performance Share Awards over ordinary shares of 0.2p in Knights plc were granted under The Knights Group Holdings plc Omnibus Plan to the following persons discharging managerial responsibilities: 

PDMR	No. of shares under Award	Type of Award
Julia Stokes	7,026	Performance Share Award
Colin Jones	7,026	Performance Share Award
Richard Phillips	7,026	Performance Share Award
James Philpott	11,710	Performance Share Award
Andrew Pilkington	14,052	Performance Share Award
Mike Cummins	14,052	Performance Share Award
Lisa Bridgwood	14,052	Performance Share Award
Mark Whitehouse	14,052	Performance Share Award
Nigel Johnson	14,052	Performance Share Award
Joanne Beech	14,052	Performance Share Award
Mark Beech	14,052	Performance Share Award

The award will ordinarily become exercisable (or vest as relevant) on 1 July 2023 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.

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	Julia Stokes
2	Reason for the notification
a)	Position/status	PDMR and Finance Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	7,026
d)	Aggregated information
	- Aggregated volume	7,026
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Colin Jones
2	Reason for the notification
a)	Position/status	PDMR and Operations Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	7,026
d)	Aggregated information
	- Aggregated volume	7,026
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Phillips
2	Reason for the notification
a)	Position/status	PDMR and Projects Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	7,026
d)	Aggregated information
	- Aggregated volume	7,026
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Philpott
2	Reason for the notification
a)	Position/status	PDMR and Client Services Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	11,710
d)	Aggregated information
	- Aggregated volume	11,710
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Pilkington
2	Reason for the notification
a)	Position/status	PDMR and Client Services Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike Cummins
2	Reason for the notification
a)	Position/status	PDMR and Client Services Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lisa Bridgwood
2	Reason for the notification
a)	Position/status	PDMR and Company Secretary
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Whitehouse
2	Reason for the notification
a)	Position/status	PDMR and HR Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Johnson
2	Reason for the notification
a)	Position/status	PDMR and IT Director
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joanne Beech
2	Reason for the notification
a)	Position/status	PDMR, Office Services Director and person closely associated to 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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
f)	Place of the transaction	England

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Beech
2	Reason for the notification
a)	Position/status	PDMR and Group Director of Client Services
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 performance share award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£4.27	14,052
d)	Aggregated information
	- Aggregated volume	14,052
	- Price	£4.27
e)	Date of the transaction	10 March 2020
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	[phone]
MHP Communications (Media enquiries)
Andrew Jaques, Katie Hunt	[phone] [e-mail]

Notes to Editors

Knights is a fast-growing, legal and professional services business, ranked within the UK's 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 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 15 offices located in Birmingham, Cheltenham, Chester, Crawley, Derby, Leeds, Leicester, Lincoln, Maidstone, Manchester, Nottingham, Oxford, Stoke, Wilmslow and York.

 

END

 

 

DSHLLLFFBXLZBBZ