13 July 2022
Knights Group Holdings plc
("Knights", the "Company" or the "Group")
NOTIFICATION OF DEALING WITH GRANT OF AWARDS TO PDMR
On 13 July 2022, the following awards over ordinary shares of 0.2p in Knights 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 |
| James Sheridan | 20,000 | Restricted Stock Award |
| Andrew Pilkington | 20,000 | Restricted Stock Award |
| Kate Lewis | 167,476 | Performance Share Award |
Restricted Stock Awards will ordinarily become exercisable (or vest as relevant) on 13 July 2025 subject to the grantee's continued service.
Performance Share Awards will ordinarily become exercisable (or vest as relevant) on 13 July 2025 subject to the grantee's continued service and 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
| James Sheridan | |||
| 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 restricted stock award | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £1.16 | 20,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 20,000 | ||||
| | | ||||
| - Price | £1.16 | ||||
| | | ||||
| e)
| Date of the transaction
| 13 July 2022 | |||
| 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 restricted stock award | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £1.16 | 20,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 20,000 | ||||
| | | ||||
| - Price | £1.16 | ||||
| | | ||||
| e)
| Date of the transaction
| 13 July 2022 | |||
| f)
| Place of the transaction
| England | |||
|
|
| |||||
| a)
| Name
| Kate Lewis |
| |||
| 2
| Reason for the notification
|
| ||||
| a)
| Position/status
| PDMR and 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
| 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 13 July 2025. |
| |||
| c)
| Price(s) and volume(s) | | | | | |
| | | Price(s) | Volume(s) | |
| |
| | | £1.03 | 167,476 | |
| |
| | | | | | ||
| d)
| Aggregated information | |
| |||
| | |
| ||||
| - Aggregated volume | 167,476 |
| ||||
| | |
| ||||
| - Price | £1.03 |
| ||||
| | |
| ||||
| e)
| Date of the transaction
| 13 July 2022 |
| |||
| 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
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 22 offices located in Birmingham, Brighton, Cheltenham, Chester, Crawley, Exeter, Leeds, Leicester, Lincoln, Maidstone, Manchester, Newbury, Nottingham, Oxford, Portsmouth, Sheffield, Southampton, Stoke, Teesside, Weybridge, Wilmslow and York.
Enquiries
| Knights | |
| David Beech, CEO | via MHP Communications |
| Numis (Nominated Adviser and Broker) | |
| Stuart Skinner, Kevin Cruickshank | +44 20 7260 1000 |
| MHP Communications (Media enquiries) | |
| Andrew Jaques, Katie Hunt, Eleni Menikou | +44 20 3128 8100 |
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