29 Sep 2016 15:49
29 September 2016
JRP Group plc
(the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4, 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 28 September 2016.
Just Retirement Group plc Long Term Incentive Plan ("LTIP")
Following a review of the original award in April 2016 a small upward adjustment has been made to the annual LTIP Awards for 2016.
Awards under the LTIP were made over Shares, as set out in the table below. Awards were made in the form of nil-cost options which become exercisable on the third anniversary of the grant date, subject to the satisfaction of performance targets. Options are then exercisable until the tenth anniversary of the grant date, unless the exercise period is shortened in accordance with the LTIP rules.
Details of the performance targets applicable to the 2016 awards will be included in the Directors' Remuneration Report contained in the Company's Annual Report and Accounts 2016 to be published in early April 2017.
Name | Number of Shares subject to LTIP Award Granted on 26 September 2016 | Lapse Date |
Rodney Cook | 42,606 | 28 September 2026 |
David Richardson | 6,060 | 28 September 2026 |
Simon Thomas | 18,732 | 28 September 2026 |
Simon O'Hara
Group Company Secretary
29 September 2016
Just Group (JUST)