Last checked at 22 Mar 2017 16:32
22 March 2017
JRP Group plc
(the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The following notification is made in accordance with Article 19.3 of the Market Abuse Regulation. The Company hereby notifies the following changes in the interests of directors and persons discharging managerial responsibilities ("PDMRs") in Ordinary Shares of 10p each in the Company ("Shares") on 17 March 2017.
Just Retirement Group plc Deferred Share Bonus Plan ("DSBP")
Awards under the DSBP were made over Shares, as set out in the table below. Awards were made in the form of nil-cost options at a price of 144.4p per Share, which become exercisable on the third anniversary of the grant date. Options are then exercisable until the tenth anniversary of the grant date, unless the exercise period is shortened in accordance with the DSBP rules.
The price used to calculate the number of DSBP Shares awarded is the mid-market closing price of a Share in the Company on the business day immediately preceding the grant on 17 March 2017. For further information on the DSBP, please refer to the IPO Prospectus published on 12 November 2013.
Name | Number of Shares subject to DSBP Award | Lapse Date |
Rodney Cook | 207,358 | 17 March 2027 |
David Richardson | 147,001 | 17 March 2027 |
Simon Thomas | 120,524 | 17 March 2027 |
Simon O'Hara
Group Company Secretary
22 March 2017