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JOHNSON SERVICE GROUP PLC Remuneration Information 2021
7731_def-14a_2021-03-22_cfa6bcf3-e276-41ac-abfb-29be21c19a5d.html
Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 0860T
Johnson Service Group PLC
22 March 2021
22 March 2021
AIM: JSG
Johnson Service Group PLC
PDMR Shareholding - Grant of Share Options
Johnson Service Group PLC (the "Company") announces that it has today granted nil cost options over ordinary shares of 10 pence each in the Company under the Johnson Service Group 2018 Long-Term Incentive Plan (the "LTIP Award").
The number of options granted to each of the Executive Directors are as follows:
| Peter Egan, Chief Executive Officer | 342,689 |
| Yvonne Monaghan, Chief Financial Officer | 226,309 |
Performance Conditions and Vesting
In line with guidance published by the Investment Association, the setting of targets in relation to the LTIP Award will be delayed until later in the year when the Remuneration Committee (the "Committee") expects to have better visibility of the Company's long-term financial performance.
The targets for the LTIP Award will be determined as soon as practicable, and no later than six months from the grant date, at which point the Committee will give full consideration to the performance of the Group. The targets, once set, will be announced to the market and will also be disclosed in next year's Directors' Remuneration Report.
The LTIP 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 LTIP Award is subject to an additional holding period of two years from the date on which the LTIP Award vests (the "Holding Period"). During the Holding Period, the LTIP 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 LTIP Award.
| Enquiries: | |
| Johnson Service Group PLC Peter Egan, CEO Yvonne Monaghan, CFO Tel: 01928 704 600 |
|
| Investec Investment Banking (NOMAD) David Flin Carlton Nelson Virginia Bull Tel: 020 7597 5970 |
Camarco (Financial PR) Ginny Pulbrook 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
Grant of options
c)
Individual transaction price(s) and volume(s)
| Price | Volume |
| £nil | 342,689 |
d)
Aggregated price and volume
Grant of 342,689 options over ordinary shares of 10 pence each at an exercise price of £nil
e)
Date of the transaction
22 March 2021
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)
| Price | Volume |
| £nil | 226,309 |
d)
Aggregated price and volume
Grant of 226,309 options over ordinary shares of 10 pence each at an exercise price of £nil
e)
Date of the transaction
22 March 2021
f)
Place of the transaction
Outside of a trading platform
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