Director/PDMR dealings

The board of Keystone announces that on 2 October 2019, the Company was notified that Root Capital Fund II Limited Partnership ("Root Capital") had sold 1,100,000 ordinary shares in the capital of the Company ("Ordinary Shares") in response to market demand. Root Capital is classified as a Person Closely Associated with Simon Philips, a Non-Executive Director of the Company.

This transaction took place on 2 October 2019 and was completed at a price of 475 pence per Ordinary Share. Root Capital's interest following the transaction is now in 1,050,000 Ordinary Shares, representing approximately 3.4% of the Company's issued share capital.

Root Capital has agreed not to sell any further Ordinary Shares until the publication of the Company's preliminary results for the year ending 31 January 2020. In addition, Root Capital's interest is governed by an orderly market agreement which continues until 27 November 2019.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.


For further information:

Keystone Law Group plc
James Knight, Chief Executive Officer Tel: +44 (0) 20 3319 3700
Ashley Miller, Finance Director
Panmure Gordon (UK) Limited
(Nominated Adviser and Broker)
Dominic Morley (Corporate Finance) Tel: +44 (0) 20 7886 2500
Erik Anderson (Corporate Broking)

Media enquiries:



Henry Harrison-Topham / Steph Watson Tel: +44 (0) 20 7466 5000
[email protected]


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Root Capital Fund II Limited Partnership
2 Reason for the notification
a) Position/status Person Closely Associated

Simon Philips is a Non-Executive Director of Keystone Law Group plc, managing partner of Root Capital LLP and a limited partner in Root Capital Fund II Limited Partnership. Root Capital LLP is the general partner of Root Capital Fund II Limited Partnership.
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Keystone Law Group plc
b) LEI 213800RTARHELL51S215
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 of 0.2 pence each in the capital of the Company
b) Identification code GB00BZ020557
c) Nature of the transaction Sale of Ordinary Shares
d) Price(s) and volume(s) Price: £4.75
Volume(s) - 1,100,000
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 2 October 2019
f) Place of the transaction London Stock Exchange, AIM (XLON)


Name of authorised official of issuer responsible for making notification.

Ashley Miller

Finance Director Keystone Law Group plc