Notification of Directors' Interests in Shares

Fisher (James) & Sons plc
12 June 2024
 

12 June 2024

James Fisher and Sons plc

Notification of Directors' Interests in Shares

On 10 June 2024, awards over ordinary shares of 25 pence each in James Fisher and Sons plc (the "Company") were made under the James Fisher and Sons 2021 Long Term Incentive Plan, to the following persons discharging managerial responsibilities ("PDMRs"):

PDMRs

Number of shares held under award

Jean Vernet

324,835

Karen Hayzen-Smith

179,728

 

No consideration was paid for the grant of the awards which are structured as restricted share awards.

The awards will normally vest on the 10 June 2027 subject to the satisfaction of the performance conditions set by the Remuneration Committee of the Company and as detailed on page 109 of the 2023 Annual Report and Accounts.

In line with the Remuneration Policy approved by shareholders at the 2024 Annual General Meeting, a two-year post-vesting holding period will apply to these awards.

Furthermore, the Remuneration Committee retains the discretion to adjust the awards at vesting to ensure that all relevant factors are taken into account, including the consideration of any windfall gains.

This announcement, including the notification below, is made in accordance with the requirements of the Market Abuse Regulation. 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jean Vernet

2

Reason for Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

James Fisher and Sons plc

b)

LEI

213800J975E5OYR6S216

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, type of instrument

Identification code

Ordinary Shares of 25 pence each in James Fisher and Sons plc

GB0003395000

 

b)

Nature of the transaction

Grant of a restricted share award under the James Fisher and Sons 2021 Long Term Incentive Plan. The award will ordinarily vest on 10 June 2027 subject to the achievement of performance conditions.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

324,835

d)

Aggregated information

-     Aggregated volume

-     Price

Aggregated information

324,835

Nil

e)

Date of the transaction

10 June 2024

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Karen Hayzen-Smith

2

Reason for Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

James Fisher and Sons plc

b)

LEI

213800J975E5OYR6S216

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, type of instrument

Identification code

Ordinary Shares of 25 pence each in James Fisher and Sons plc

GB0003395000

 

b)

Nature of the transaction

Grant of a restricted share award under the James Fisher and Sons 2021 Long Term Incentive Plan. The award will ordinarily vest on 10 June 2027 subject to the achievement of performance conditions.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

179,728

d)

Aggregated information

-     Aggregated volume

-     Price

 

179,728

Nil

e)

Date of the transaction

10 June 2024

f)

Place of the transaction

Outside a trading venue

 

For further information:

James Fisher and Sons plc

Jean Vernet

Karen Hayzen-Smith

Chief Executive Officer

Chief Financial Officer

020 7614 9503

 

 

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