Business
First day of dealings
First day of dealings.
About this update from Knights Group Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 9694S Knights Group Holdings PLC 29 June 2018 \n\n29 June 2018\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, REPUBLIC OF SOUTH AFRICA, AUSTRALIA, NEW ZEALAND, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\nThis announcement is an advertisement and not an admission document or a prospectus. This announcement does not constitute or form part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it), or the fact of its distribution, form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment whatsoever relating to any securities. Prospective investors should not subscribe for or purchase any securities referred to in this announcement except in compliance with applicable securities laws and regulation and on the basis of the information in the final admission document (\"Admission Document\") to be published by the Company, and any supplement thereto, in connection with the placing (\"Placing\") of its ordinary shares (\"Shares\") and the proposed admission (\"Admission\") of the Shares to trading on the AIM market of London Stock Exchange plc (\"London Stock Exchange\"). Terms defined in the Admission Document have the same meanings in this announcement unless otherwise stated. A copy of the Admission Document will, following publication, be available for viewing on the Company's website at www.knightsplc.com.\nKnights Group Holdings plc\n(\"Knights\", the \"Company\" or the \"Group\")\nAdmission to trading on AIM and first day of dealings\nKnights, one of the UK's fastest growing regional legal and professional services businesses, today announces that 71,379,311 ordinary shares have been issued to trading on AIM under the ticker KGH.L, and ISIN number GB00BFYF6298. The Company's documentation is available to view on its website www.knightsplc.com.\nThe Company will receive gross proceeds of £30 million pursuant to the Placing, part of which will be used to repay the majority of its existing debt and fees. The Directors believe that the IPO will enable t...