Director/PDMR Shareholding

RNS Number : 8238T

Johnson Service Group PLC

29 March 2021

 

29 March 2021

AIM: JSG

Johnson Service Group PLC

Exercise of Share Options / PDMR Dealing

Johnson Service Group PLC (the 'Company') announces the following share transactions carried out by two of its Directors on 26 March 2021.

Peter Egan, Chief Executive Officer, and Yvonne Monaghan, Chief Financial Officer, each exercised options under the Company's 2009 Long Term Incentive Plan (the 'LTIP').  The options were granted on 27 March 2017 with a performance period commencing 1 January 2017 and ending 31 December 2019.  The performance conditions, calculated as disclosed on page 96 of the Company's 2020 Annual Report, were met as follows:

EPS Performance Condition:	100.0%
TSR Performance Condition:	100.0%

A summary of the share transactions is provided in the table below:

	No. of Options	Sold	Retained	Option Price	Sale Price
Peter Egan	95,000	44,900	50,100	nil	154.18p
Yvonne Monaghan	274,364	204,364	70,000	nil	154.18p

The gross gain, at the point of exercise, attributable to each of Peter Egan and Yvonne Monaghan in respect of the above transactions, prior to any taxation liabilities and dealing costs, was £146,471 and £423,015 respectively.

Following the above transactions, Peter Egan retains a beneficial interest in 271,904 Ordinary Shares, representing 0.06% of the Company's total issued share capital as at today's date, and Yvonne Monaghan retains a beneficial interest in 694,955 Ordinary Shares, representing 0.16% of the Company's total issued share capital as at today's date.

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]

About Johnson Service Group PLC

www.jsg.com

Headquartered in Preston Brook, Cheshire, JSG provides textile services across the UK.  The Group is the leading supplier of workwear and protective wear in the UK and also provides premium linen services for the hotel, catering and hospitality markets.  With its core values of quality, reliability and service, the Group aims to provide customers with an outstanding level of customer care.

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	Ordinary shares of 10 pence each GB0004762810
b)	Nature of the transaction	Exercise and subsequent sale of nil cost options under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
c)	Individual transaction price(s) and volume(s)	Price Volume 154.18 pence 44,900
d)	Aggregated price and volume: -  Price -  Volume	n/a - single transaction n/a - single transaction
e)	Date of the transaction	26 March 2021
f)	Place of the transaction	London Stock Exchange, AIM Market

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	Ordinary shares of 10 pence each GB0004762810
b)	Nature of the transaction	Exercise of nil cost options and subsequent acquisition of shares under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
c)	Individual transaction price(s) and volume(s)	Price Volume nil 50,100
d)	Aggregated price and volume: -  Price -  Volume	n/a - single transaction n/a - single transaction
e)	Date of the transaction	26 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	Ordinary shares of 10 pence each GB0004762810
b)	Nature of the transaction	Exercise and subsequent sale of nil cost options under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
c)	Individual transaction price(s) and volume(s)	Price Volume 154.18 pence 204,364
d)	Aggregated price and volume: -  Price -  Volume	n/a - single transaction n/a - single transaction
e)	Date of the transaction	26 March 2021
f)	Place of the transaction	London Stock Exchange, AIM Market

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	Ordinary shares of 10 pence each GB0004762810
b)	Nature of the transaction	Exercise of nil cost options and subsequent acquisition of shares under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
c)	Individual transaction price(s) and volume(s)	Price Volume nil 70,000
d)	Aggregated price and volume: -  Price -  Volume	n/a - single transaction n/a - single transaction
e)	Date of the transaction	26 March 2021
f)	Place of the transaction	Outside of a trading platform

 

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