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JOHNSON SERVICE GROUP PLC — Remuneration Information 2019
Apr 3, 2019
7731_dirs_2019-04-03_dee5cb2e-5910-4d98-9073-7bfb8f324156.html
Remuneration Information
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RNS Number : 0491V
Johnson Service Group PLC
03 April 2019
Johnson Service Group PLC
3 April 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 2 April 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") and the 2009 Long Term Incentive Plan Approved Section (the "Approved LTIP").
| No. of Options | Sold | Retained | Forfeited | Option Price | Sale Price |
|
| Peter Egan | ||||||
| LTIP | 120,000 | 70,415 | 33,152 | 16,433 | nil | 139.2p |
| Approved LTIP | 37,500 | - | 37,500 | - | 80.0p | n/a |
| Yvonne Monaghan | ||||||
| LTIP | 308,750 | 242,577 | 50,000 | 16,173 | nil | 139.2p |
| Approved LTIP | 37,500 | 37,500 | - | - | 80.0p | 140.0p |
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 £167,040 and £429,780 respectively.
The LTIP options were granted on 8 May 2015. The Approved LTIP options were granted on the same date and were intended to allow, where possible, the participant to receive part of the gain under the LTIP award tax efficiently. The participant received the same gross gain as he or she would have received had they only been granted the LTIP award and not been granted the LTIP award and the Approved LTIP award. At the time of exercise, options granted under the LTIP award were forfeited to the same value as the gain on the Approved LTIP award.
Following the above transactions, Peter Egan retains a beneficial interest in 105,368 Ordinary Shares, representing 0.03% 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 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
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)
| Price | Volume |
| 139.2 pence | 70,415 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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)
| Price | Volume |
| nil | 33,152 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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)
| Price | Volume |
| nil | 16,433 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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
Exercise and subsequent acquisition of options, with an option cost of 80 pence per ordinary share, under the Company's 2009 Long Term Incentive Plan Approved Section over ordinary shares of 10 pence each
c)
Individual transaction price(s) and volume(s)
| Price | Volume |
| 80.0 pence | 37,500 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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)
| Price | Volume |
| 139.2 pence | 242,577 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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
Exercise of nil cost options and subsequent acquisition of shares and transfer to spouse under the Company's 2009 Long Term Incentive Plan over ordinary shares of 10 pence each
c)
Individual transaction price(s) and volume(s)
| Price | Volume |
| nil | 50,000 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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
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)
| Price | Volume |
| nil | 16,173 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 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 options, with an option cost of 80 pence per ordinary share, under the Company's 2009 Long Term Incentive Plan Approved Section over ordinary shares of 10 pence each
c)
Individual transaction price(s) and volume(s)
| Price | Volume |
| 140.0 pence | 37,500 |
d)
Aggregated price and volume:
- Price
- Volume
n/a - single transaction
e)
Date of the transaction
2 April 2019
f)
Place of the transaction
London Stock Exchange, AIM Market
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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