Director/PDMR Shareholding
Keystone Law Group PLC announced that Executive Director Ashley Miller and PDMR William Robins were granted performance share awards under the Long Term Incentive Plan 2018, with each receiving 33,620 ordinary shares. These awards will vest in three years, contingent on continued employment and meeting adjusted Earnings Per Share growth targets of at least 4.2% CAGR and relative Total Shareholder Return performance within the top quartile of the AIM All Share Index. Recipients must retain awarded shares for one year post-vesting, barring tax liability sales.
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Keystone Law Group plc (AIM: KEYS), the premier tech-enabled platform law firm, announces that the following awards have been granted over ordinary shares in the capital of the Company under the Keystone Law Long Term Incentive Plan 2018 ('LTIP').
| Name | Number of Shares under award |
|---|---|
| Ashley Miller (Executive Director, Finance Director) | 33,620 |
| William Robins (PDMR) | 33,620 |
The LTIP Awards have been granted as performance share awards and will vest on the third anniversary of their grant subject to the grantee's continued employment and to the extent to which the adjusted Earnings Per Share ('EPS') and Relative Total Shareholder Return ('TSR') performance conditions set out in the LTIP Award are met.
80% of the LTIP Awards will be assessed on growth in adjusted EPS over the three-year period, with compound annual growth ('CAGR') of less than 1.9% delivering none of this element of the LTIP Award, 1.9% CAGR delivering 20% of this element of the LTIP Award and 100% of this element being granted for delivery of 4.2% CAGR in adjusted EPS over the three-year period.
20% of the LTIP Awards will be assessed on the TSR of the Company over the three-year period relative to that of those companies included in the AIM All Share Index throughout the Performance Period; with 100% being awarded for performance in the top quartile, 50% for performance in the second quartile and nothing awarded for performance below the median.
In addition, the recipients of the LTIP Awards will be required to retain shares awarded under the LTIP awards for one year from the vesting date subject to the ability to sell sufficient shares to discharge any tax liability.
Set out below are the notifications, made in accordance with the requirements of the Market Abuse Regulation, in relation to the variation of the LTIP Awards.
PDMR DEALING NOTIFICATION TEMPLATE
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Ashley Rupert James Patrick Miller | |
| 2 | Reason for the notification | ||
| a) | Position/status | Finance Director | |
| b) | Initial notification /Amendment | Initial | |
| a) | Name | Keystone Law Group plc | |
| b) | Legal Entity Identifier | 213800RTARHELL51S215 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.002 each in Keystone Law Group plc | |
| Identification code | GB00BZ020557 | ||
| b 1) | Nature of the transaction | Grant of LTIP Award under the Keystone Law Long Term Incentive Plan. The Award is structured as a performance share award which shall ordinarily vest on the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied. | |
| c 1) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 33,620 | ||
| b 2) | Nature of the transaction | ||
| c 2) | Price(s) and volume(s) | Price(s) | Volume(s) |
| d) | Aggregated information | Not applicable single transaction | |
| - Aggregated volume | |||
| - Price | |||
| e) | Date of the transaction | 18 June 2026 | |
| f) | Place of the transaction | London | |
| PDMR DEALING NOTIFICATION TEMPLATE | |||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | William Robins | |
| 2 | Reason for the notification | ||
| a) | Position/status | PDMR | |
| b) | Initial notification /Amendment | Initial | |
| a) | Name | Keystone Law Group plc | |
| b) | Legal Entity Identifier | 213800RTARHELL51S215 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.002 each in Keystone Law Group plc | |
| Identification code | GB00BZ020557 | ||
| b 1) | Nature of the transaction | Grant of LTIP Award under the Keystone Law Long Term Incentive Plan. The Award is structured as a performance share award which shall ordinarily vest on the third anniversary of its grant date subject to continued service and to the extent to which the performance conditions set for the Award are satisfied. | |
| c 1) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 33,620 | ||
| b 2) | Nature of the transaction | ||
| c 2) | Price(s) and volume(s) | Price(s) | Volume(s) |
| d) | Aggregated information | Not applicable single transaction | |
| - Aggregated volume | |||
| - Price | |||
| e) | Date of the transaction | 18 June 2026 | |
| f) | Place of the transaction | London | |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.