12 August 2020
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
Director/PDMR Shareholding
In accordance with the requirements of Market Abuse Regulation Article 19, JTC announces that it was notified on 12 August 2020 that Wendy Holley, a PDMR, sold 110,165 shares at an aggregate price of 489 p.
The share sale, together with share sale announced on 10 August 2020, relates to the purchase of a private primary residence for Wendy and her family. Wendy has been with JTC for over 12 years and was appointed to the Board of JTC PLC in 2019. She 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 as detailed in JTC's 2019 Annual Report and Accounts.
Details of the share sale are set out below:
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: |
Wendy Holley |
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2 |
Reason for the notification |
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a) |
Position/Status: |
Chief Operating Officer and PDMR |
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b) |
Initial Notification/Amendment: |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor |
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a) |
Name: |
JTC PLC |
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b) |
LEI: |
213800DVUG4KLF2ASK33 |
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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 . |
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a) |
Description of the financial instrument: Identification code: |
Ordinary shares of £0.01 each JE00BF4X3P53 |
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b) |
Nature of the transaction: |
Sale of ordinary shares |
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c) |
Price(s) and volume(s): |
Price(s) |
Volume(s) |
i. 490.304p ii. 490.450p iii. 487.500p |
47,010 12,203 50,952
|
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d) |
Aggregated volume: Price: |
110,165 shares
489.0233p
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e) |
Date of the Transaction: |
12 August 2020 |
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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.