Director/PDMR Shareholding

RNS Number : 5677Z

JRP Group PLC

15 March 2017

 

 15 March 2017

JRP Group plc (the "Company")

Sale of Shares and PDMR Notification

Notification and public disclosure of transactions by persons discharging managerial responsibilities by persons discharging managerial responsibilities and persons closely associated with them

The following notification made in accordance with Article 19.3 of the Market Abuse Regulation relates to a sale made by Rodney Cook, Group Chief Executive Officer who is considered to be a person discharging managerial responsibilities who has sold 199,022 Ordinary Shares that vested under Just Retirement Group plc 2013 Long Term Incentive Plan.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.	Rodney Cook
2	Reason for the notification
a)	Position/status	1.	Group Chief Executive Officer
b)	Initial notification/Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)	Name		JRP Group plc
b)	LEI		5493006456YEZEELRR90
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 the transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary Shares of 10 pence each ISIN GB00BCRX1J15
b)	Nature of the transaction	1.	Vesting of Long Term Incentive Plan ("LTIP") awards granted under the Just Retirement Group plc 2013 Long Term Incentive Plan on 15 November 2013 and subsequent sale of shares
c)	Price(s) and volume(s)	Price		No. of shares
		1.	£.1.4608	1.	199,022
d)	Aggregated information -Aggregated volume -Price	n/a individual transaction n/a individual transaction
e)	Date of transaction	14 March 2017
f)	Place of transaction	London Stock Exchange (XLON)

Following the sale of the shares the PDMR's continue to hold significant interests in the share capital of the Company, as shown in the table below:

PDMR	Value of shares retained expressed as a percentage of Base salary at 14/03/2017	Total No. of shares held	Total percentage of issued share capital
Rodney Cook	686.77%	2,870,574	0.31%

Enquiries

Investors / Analysts James Pearce, Group Director of Corporate Finance and Investor Relations Telephone: [phone] [e-mail]

Media Stephen Lowe, Group Communications Director Telephone: [phone] [e-mail] Temple Bar Advisory Alex Child-Villiers William Barker Telephone: [phone]

A copy of this announcement will be available on the Group's website www.jrpgroup.com

JRP GROUP PLC

GROUP COMMUNICATIONS

Vale House, Roebuck Close

Bancroft Road, Reigate

Surrey RH2 7RU

 

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