29 March 2021
AIM: JSG
Johnson Service Group PLC
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 26 March 2021.
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'). The options were granted on 27 March 2017 with a performance period commencing 1 January 2017 and ending 31 December 2019. The performance conditions, calculated as disclosed on page 96 of the Company's 2020 Annual Report, were met as follows:
| EPS Performance Condition: | 100.0% |
| TSR Performance Condition: | 100.0% |
A summary of the share transactions is provided in the table below:
| | No. of Options |
Sold |
Retained | Option Price | Sale Price |
| | | | | | |
| Peter Egan | 95,000 | 44,900 | 50,100 | nil | 154.18p |
| Yvonne Monaghan | 274,364 | 204,364 | 70,000 | nil | 154.18p |
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 £146,471 and £423,015 respectively.
Following the above transactions, Peter Egan retains a beneficial interest in 271,904 Ordinary Shares, representing 0.06% of the Company's total issued share capital as at today's date, and Yvonne Monaghan retains a beneficial interest in 694,955 Ordinary Shares, representing 0.16% 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 Virginia Bull Tel: 020 7597 5970 | Camarco (Financial PR) Ginny Pulbrook Oliver Head
Tel: 020 3757 4992 |
About Johnson Service Group PLC
Headquartered in Preston Brook, Cheshire, JSG provides textile services across the UK. The Group is the leading supplier of workwear and protective wear in the UK and also provides premium linen services for the hotel, catering and hospitality markets. With its core values of quality, reliability and service, the Group aims to provide customers with an outstanding level of customer care.
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
| 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)
|
| ||||
| d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction n/a - single transaction | ||||
| e) | Date of the transaction
| 26 March 2021 | ||||
| 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
| 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)
|
| ||||
| d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction n/a - single transaction | ||||
| e) | Date of the transaction
| 26 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
| 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)
|
| ||||
| d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction n/a - single transaction | ||||
| e) | Date of the transaction
| 26 March 2021 | ||||
| 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
| 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)
|
| ||||
| d) | Aggregated price and volume: - Price - Volume
|
n/a - single transaction n/a - single transaction | ||||
| e) | Date of the transaction
| 26 March 2021 | ||||
| f) | Place of the transaction
| Outside of a trading platform | ||||
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