Last checked at 21 May 2019 14:17
21 May 2019
AIM: JSG
Exercise of Share Options / PDMR Dealing
Johnson Service Group PLC (the 'Company') announces the following share transactions carried out by two of its Directors on 20 May 2019.
Peter Egan, Chief Executive Officer, and Yvonne Monaghan, Chief Financial Officer, each exercised options under the Company's 2009 Long Term Incentive Plan (the 'LTIP'). The options were granted on 6 May 2016 with a performance period commencing 1 January 2016 and ending 31 December 2018. The performance conditions, calculated as disclosed on page 58 of the Company's 2018 Annual Report, were met as follows:
EPS Performance Condition: | 100.0% |
TSR Performance Condition: | 60.9% |
A summary of the share transactions is provided in the table below:
No. of Options |
Sold |
Retained |
Forfeited | Option Price | Sale Price | |
Peter Egan | 110,000 | 41,984 | 46,500 | 21,516 | nil | 149.04p |
Yvonne Monaghan | 274,456 | 220,774 | - | 53,682 | nil | 149.04p |
The gross gain, at the point of exercise, attributable to each of Peter Egan and Yvonne Monaghan in respect of the above transactions, prior to any taxation liabilities and dealing costs, was £131,879 and £329,048 respectively.
Following the above transactions, Peter Egan retains a beneficial interest in 151,868 Ordinary Shares, representing 0.04% of the Company's total issued share capital as at today's date, and Yvonne Monaghan retains a beneficial interest in 614,086 Ordinary Shares, representing 0.17% of the Company's total issued share capital as at today's date.
Enquiries: | |
Johnson Service Group PLC Peter Egan, CEO Yvonne Monaghan, CFO Tel: 01928 704 600 | |
Investec Investment Banking (NOMAD) David Flin Carlton Nelson Darren Vickers Tel: 020 7597 4000 | Camarco (Financial PR) Ginny Pulbrook Ben Woodford Oliver Head Tel: 020 3757 4992 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name
| Peter Egan | ||||
2. | Reason for the Notification | |||||
a) | Position / Status
| Chief Executive Officer / PDMR | ||||
b) | Initial Notification / Amendment
| Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Entity legal name
| Johnson Service Group PLC | ||||
b) | Entity LEI
| 2138004WZUPWV53KWV11 | ||||
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 securities
Identification code
| Options over ordinary shares of 10 pence each
GB0004762810 | ||||
b) | Nature of the transaction
| Exercise and subsequent sale of nil cost options under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
| ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction | ||||
e) | Date of the transaction
| 20 May 2019 | ||||
f) | Place of the transaction
| London Stock Exchange, AIM Market | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name
| Peter Egan | ||||
2. | Reason for the Notification | |||||
a) | Position / Status
| Chief Executive Officer / PDMR | ||||
b) | Initial Notification / Amendment
| Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Entity legal name
| Johnson Service Group PLC | ||||
b) | Entity LEI
| 2138004WZUPWV53KWV11 | ||||
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 securities
Identification code
| Options over ordinary shares of 10 pence each
GB0004762810 | ||||
b) | Nature of the transaction
| Exercise of nil cost options and subsequent acquisition of shares under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
| ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction | ||||
e) | Date of the transaction
| 20 May 2019 | ||||
f) | Place of the transaction
| Outside of a trading platform | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name
| Peter Egan | ||||
2. | Reason for the Notification | |||||
a) | Position / Status
| Chief Executive Officer / PDMR | ||||
b) | Initial Notification / Amendment
| Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Entity legal name
| Johnson Service Group PLC | ||||
b) | Entity LEI
| 2138004WZUPWV53KWV11 | ||||
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 securities
Identification code
| Options over ordinary shares of 10 pence each
GB0004762810 | ||||
b) | Nature of the transaction
| Forfeiture of nil cost options under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
| ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction | ||||
e) | Date of the transaction
| 20 May 2019 | ||||
f) | Place of the transaction
| Outside of a trading platform | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name
| Yvonne Monaghan | ||||
2. | Reason for the Notification | |||||
a) | Position / Status
| Chief Financial Officer / PDMR | ||||
b) | Initial Notification / Amendment
| Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Entity legal name
| Johnson Service Group PLC | ||||
b) | Entity LEI
| 2138004WZUPWV53KWV11 | ||||
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 securities
Identification code
| Options over ordinary shares of 10 pence each
GB0004762810 | ||||
b) | Nature of the transaction
| Exercise and subsequent sale of nil cost options under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
| ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction | ||||
e) | Date of the transaction
| 20 May 2019 | ||||
f) | Place of the transaction
| London Stock Exchange, AIM Market | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name
| Yvonne Monaghan | ||||
2. | Reason for the Notification | |||||
a) | Position / Status
| Chief Financial Officer / PDMR | ||||
b) | Initial Notification / Amendment
| Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Entity legal name
| Johnson Service Group PLC | ||||
b) | Entity LEI
| 2138004WZUPWV53KWV11 | ||||
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 securities
Identification code
| Options over ordinary shares of 10 pence each
GB0004762810 | ||||
b) | Nature of the transaction
| Forfeiture of nil cost options under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
| ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction | ||||
e) | Date of the transaction
| 20 May 2019 | ||||
f) | Place of the transaction
| Outside of a trading platform | ||||