Last checked at 5 Mar 2019 12:01
5 March 2019
AIM: JSG
Johnson Service Group PLC
Grant of Share Options
Johnson Service Group PLC (the "Company") announces that it has today granted the following nil cost options over ordinary shares of 10 pence each in the Company under the Johnson Service Group 2018 Long-Term Incentive Plan (the "Award"):
Name | Position | Award | Award Price |
Peter Egan | CEO | 330,322 | £nil |
Yvonne Monaghan | CFO | 264,257 | £nil |
Performance Conditions and Vesting
The Award is subject to performance conditions linked to the Company's Earnings Per Share and Total Shareholder Return. The performance conditions have been designed to ensure alignment between the incentivisation of the Executive Directors of the Company and the interests of its shareholders. The Award will ordinarily vest three years from the date of grant and is exercisable up to ten years from the date of grant.
Further Holding Period
The Award is subject to an additional holding period for two years from the date on which the Award vests (the "Holding Period"). During the Holding Period, the Award holder may not normally dispose of any of the shares which vest except to cover any income tax or social security contributions arising on the exercise of the Award.
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 Tom Huddart 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
| Grant of options | ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume
| Grant of 330,322 options over ordinary shares of 10 pence each at an exercise price of £nil | ||||
e) | Date of the transaction
| 5 March 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
| Grant of options | ||||
c) | Individual transaction price(s) and volume(s)
|
| ||||
d) | Aggregated price and volume
| Grant of 264,257 options over ordinary shares of 10 pence each at an exercise price of £nil | ||||
e) | Date of the transaction
| 5 March 2019 | ||||
f) | Place of the transaction
| Outside of a trading platform | ||||