Director/PDMR Shareholding

RNS Number : 0860T

Johnson Service Group PLC

22 March 2021

 

22 March 2021

AIM: JSG

Johnson Service Group PLC

PDMR Shareholding - Grant of Share Options

Johnson Service Group PLC (the "Company") announces that it has today granted nil cost options over ordinary shares of 10 pence each in the Company under the Johnson Service Group 2018 Long-Term Incentive Plan (the "LTIP Award").

The number of options granted to each of the Executive Directors are as follows:

Peter Egan, Chief Executive Officer	342,689
Yvonne Monaghan, Chief Financial Officer	226,309

Performance Conditions and Vesting

In line with guidance published by the Investment Association, the setting of targets in relation to the LTIP Award will be delayed until later in the year when the Remuneration Committee (the "Committee") expects to have better visibility of the Company's long-term financial performance.

The targets for the LTIP Award will be determined as soon as practicable, and no later than six months from the grant date, at which point the Committee will give full consideration to the performance of the Group.  The targets, once set, will be announced to the market and will also be disclosed in next year's Directors' Remuneration Report.

The LTIP Award will ordinarily vest three years from the date of grant and is exercisable up to ten years from the date of grant.

Further Holding Period

The LTIP Award is subject to an additional holding period of two years from the date on which the LTIP Award vests (the "Holding Period").  During the Holding Period, the LTIP Award holder may not normally dispose of any of the shares which vest except to cover any income tax or social security contributions arising on the exercise of the LTIP Award.

Enquiries:
Johnson Service Group PLC Peter Egan, CEO Yvonne Monaghan, CFO Tel:  [phone]
Investec Investment Banking (NOMAD) David Flin Carlton Nelson Virginia Bull Tel:  [phone]	Camarco (Financial PR) Ginny Pulbrook Oliver Head Tel:  [phone]

www.jsg.com

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	Peter Egan
2.	Reason for the Notification
a)	Position / Status	Chief Executive Officer / PDMR
b)	Initial Notification / Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Entity legal name	Johnson Service Group PLC
b)	Entity LEI	2138004WZUPWV53KWV11
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 securities Identification code	Options over ordinary shares of 10 pence each GB0004762810
b)	Nature of the transaction	Grant of options
c)	Individual transaction price(s) and volume(s)	Price Volume £nil 342,689
d)	Aggregated price and volume	Grant of 342,689 options over ordinary shares of 10 pence each at an exercise price of £nil
e)	Date of the transaction	22 March 2021
f)	Place of the transaction	Outside of a trading platform

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	Yvonne Monaghan
2.	Reason for the Notification
a)	Position / Status	Chief Financial Officer / PDMR
b)	Initial Notification / Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Entity legal name	Johnson Service Group PLC
b)	Entity LEI	2138004WZUPWV53KWV11
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 securities Identification code	Options over ordinary shares of 10 pence each GB0004762810
b)	Nature of the transaction	Grant of options
c)	Individual transaction price(s) and volume(s)	Price Volume £nil 226,309
d)	Aggregated price and volume	Grant of 226,309 options over ordinary shares of 10 pence each at an exercise price of £nil
e)	Date of the transaction	22 March 2021
f)	Place of the transaction	Outside of a trading platform

 

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