Director/PDMR Shareholding

RNS Number : 4038E

Jupiter Fund Management PLC

10 March 2022

 

10 March 2022

JUPITER FUND MANAGEMENT PLC (the "Company")

Director Shareholding

The Company announces that, on 9 March 2022, the following nil cost share options over the Company's Ordinary shares of 2 pence each ("Shares") were granted to PDMRs in accordance with the rules of the Company's 2018 Deferred Bonus Plan ("DBP") and the Company's 2018 Long Term Incentive Plan ("LTIP").

Andrew Formica

-  Granted 834,488 nil cost options under the LTIP ¹ .

Wayne Mepham

-  Granted 363,140 nil cost options under LTIP ¹ .

-  Granted 122,406 nil cost options under the DBP ² .

^1.   LTIP options are exercisable between 3 March 2027 and 3 September 2027.

^2.  DBP options are exercisable in three tranches between 3 September 2023 and 3 March 2024, 3 September 2024 and 3 March 2025 and 3 September 2025 and 3 March 2026.

These awards are subject to continued employment over the deferral period and in the case of the LTIP are subject to the satisfaction of performance conditions over the three-year performance period (2022 - 2024).

External global factors have resulted in significant market volatility over the past fortnight. Given the extent of on-going uncertainties, the Remuneration Committee decided to make the grant in line with the Company's standard approach (with the number of shares to be awarded based on the average share price for the three days preceding grant) and will review the final outturn to ensure that there have not been any windfall gains. This is additional to the standard risk and compliance assessment and review of the final outturn to ensure it is warranted based on shareholder and client experience over the performance period.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Andrew Formica
2 .	Reasons for the notification
a)	Position / status	Chief Executive Officer
b)	Initial notification / amendment	Initial notification
3 .	Details of the issuer
a)	Name	Jupiter Fund Management plc
b)	Legal Identifier Code	5493003DJ1G01IMQ7S28
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 financial instrument Identification code	Ordinary shares of 2 pence GB00B53P2009
b)	Nature of the transaction	Grant of nil cost options under the 2018 LTIP plans as below: 2018 LTIP - over 834,488 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 834,488
d)	Aggregated information - Aggregated volume -Price	N/A
e)	Date of the transaction	9 March 2022
f)	Place of Transaction	Outside a trading venue
1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Wayne Mepham
2 .	Reasons for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3 .	Details of the issuer
a)	Name	Jupiter Fund Management plc
b)	Legal Identifier Code	5493003DJ1G01IMQ7S28
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 financial instrument Identification code	Ordinary shares of 2 pence GB00B53P2009
b)	Nature of the transaction	Grant of nil cost options under the 2018 DBP and 2018 LTIP plans as below: 2018 DBP: DA - over 122,406 shares 2018 LTIP - over 363,140 shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 122,406 Nil 363,140
d)	Aggregated information - Aggregated volume -Price	485,546 Nil
e)	Date of the transaction	9 March 2022
f)	Place of Transaction	Outside a trading venue

For further information please contact:

  Investors    Media

Jupiter   Lisa Daniels   Despina Constantinides

 [phone]    [phone]

Powerscourt   Justin Griffiths

    [phone]

 

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