Regulatory News

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.

This announcement does not constitute or form part of an offer to sell or issue or a solicitation of an offer to subscribe for or buy any securities nor should it be relied upon in connection with any contract or commitment whatsoever. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of the information in the admission document ("Admission Document") published by Keystone Law Group plc in connection with the admission of its ordinary shares of £0.002 each ("Ordinary Shares") to trading on AIM, a market operated by London Stock Exchange plc.

Keystone Law, a fast growing, UK Top 100, challenger law firm, is pleased to announce that Admission of the Company's Ordinary Shares to trading on AIM will take place at 8.00am today, 27 November 2017. Dealings in the Ordinary shares will commence with the ticker "KEYS" and ISIN GB00BZ020557.

The Company will, on Admission, based on a Placing Price of 160 pence per Placing Share, have a market capitalisation of £50.0 million, following a significantly oversubscribed £15.0 million fundraising. £10.0 million was raised for the Company, comprising £9.4 million by way of the Placing and £0.6 million through the issue of the Subscription Shares, with £5.0 million raised for the Selling Shareholders.

The Admission Document is available to view at www.keystonelaw-ir.co.uk.

Panmure Gordon acted as Financial Adviser, Nominated Adviser and Broker in relation to the Admission and the Placing.

The total number of Ordinary Shares with voting rights in the Company with effect from 27 November 2017 is 31,273,941. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

Capitalised terms in this announcement have the same meanings as defined in the Company's Admission Document unless otherwise stated.

Notes to editors

Keystone Law is a UK Top 100, fast growing, profitable and cash generative challenger law firm. Established in 2002, Keystone is one of the first platform models disrupting the traditional model of law firms operating within the legal services mid-market. Keystone's model permits scaleability of its operations, enabling an increase in the number of revenue generating, experienced lawyers quicker than the traditional model.

As a full service networked law firm, Keystone delivers conventional legal services across 23 service areas and over 50 industry sectors to a client base comprising predominantly of SMEs and private individuals. The Company has approximately 250 experienced lawyers working out of their own offices and 35 support staff based in its head office.

With the head office located in the heart of London's legal district on Chancery Lane, the Company uses its bespoke proprietary software to enable Keystone's lawyers to interact with the central office team and each other in an easy and efficient manner, whilst extensive networking and social events engender a strong sense of belonging to the Keystone family. The platform also drives interaction, cooperation and a strong corporate culture across the business.

More information can be found at: www.keystonelaw.co.uk/