Director/PDMR dealings

The board of Keystone Law Group plc was today informed of the following transaction in ordinary shares of 0.2 pence each ("Ordinary Shares") in the capital of the Company:

  • Root Capital Fund II Limited Partnership (“Root Capital”), classified as a Person Closely Associated with Simon Philips, a Non-Executive Director of the Company, sold 1,000,000 Ordinary Shares. Root Capital’s interest is now in 2,150,000 Ordinary Shares, representing 6.87% of the Company’s issued share capital.

This transaction, which was undertaken today in response to market demand, was completed at a price of 450 pence per Ordinary Share.

Root Capital has agreed not to sell any further Ordinary Shares until the publication of the Company’s interim results for the six months ending 31 July 2019. 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 / Ryan Lever (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 (“PDMRs”) 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 and PDMR 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: £4.50

Volume(s) – 1,000,000
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 30 May 2019
f) Place of the transaction London Stock Exchange, AIM (XLON)


The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.  Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Name of authorised official of issuer responsible for making notification.

Ashley Miller
Finance Director, Keystone Law Group plc