5 January 2021
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
PDMR Shareholding
In accordance with the requirements of Market Abuse Regulation Article 19, JTC announces it was notified on 5 January 2021 that Iain Johns, a PDMR, sold 50,000 shares at an aggregate price of 560 p.
The share sale relates to financing the purchase of a private primary residence for Iain and his family. Iain has been with JTC for over 8 years and as Group Head of Private Client Services is responsible for the strategic development and performance of JTC's global private client business line. Iain is also a Director on JTC's Group Holdings Board. He remains fully committed to the business and, in keeping with JTC's ethos of shared ownership among all employees, retains a significant shareholding in the Company.
Details of the share sale are set out below:
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name: |
Iain Johns |
|
2 |
Reason for the notification |
||
a) |
Position/Status: |
Group Head of Private Client Services / PDMR |
|
b) |
Initial Notification/Amendment: |
Initial Notification |
|
3 |
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor |
||
a) |
Name: |
JTC PLC |
|
b) |
LEI: |
213800DVUG4KLF2ASK33 |
|
4. |
Details of 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 financial instrument: Identification code: |
Ordinary shares of £0.01 each JE00BF4X3P53 |
|
b) |
Nature of the transaction: |
Sale of ordinary shares |
|
c) |
Price(s) and volume(s): |
Price(s) |
Volume(s) |
560p
|
50,000
|
||
d) |
Aggregated volume: Price: |
N/A - Single transaction
|
|
e) |
Date of the Transaction: |
4 January 2021 |
|
f) |
Place of the Transaction: |
London Stock Exchange - XLON |
For further information please contact:
Miranda Lansdowne
JTC (Jersey) Limited
Company Secretary
+44 1534 700 000
Miranda.Lansdowne@jtcgroup.com
About JTC
JTC is an award-winning provider of fund, corporate and private client services. Founded in 1987, the company employs c.900 people across its global office network and is trusted to administer assets of c.US$130 billion.
JTC is committed to its shared ownership culture and philosophy, with management and staff holding over 20% of the equity in the firm, clearly aligning the interests of clients, employees and other stakeholders.