6 April 2021
James Fisher and Sons plc ("the Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations
Vesting of Award
The Company was notified on 6 April 2021 that Mr S C Kilpatrick, the Group Finance Director, had increased his holdings of Ordinary Shares of 25p each in the Company ('Ordinary Shares') through the vesting of awards made in April 2018 under the Company's Deferred Bonus Plan (the 'Plan').
3,527 Ordinary Shares have vested in accordance with the Plan rules. On 4 April 2021, 3,527 Ordinary shares were transferred at nil value to Mr S C Kilpatrick and 1,658 Ordinary Shares were sold at a price of 1130.0 pence per share to fund the tax liability resulting from the vesting.
Following this transaction Mr S C Kilpatrick has a beneficial interest in the Company's issued ordinary share capital is as follows:
| | Number of Ordinary Shares vested | Number of Ordinary Shares sold | Number of Ordinary Shares retained | Beneficial Interest in Ordinary Shares following vesting and sale | Percentage of Issued Ordinary Share Capital following vesting and sale |
| Stuart Kilpatrick | 3,527 | 1,658 | 1,869 | 76,720 | 0.15% |
This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Stuart Charles Kilpatrick | ||||
| 2 | Reason for Notification | |||||
| a) | Position/status | Group Finance Director | ||||
| b) | Initial notification/Amendment | Initial Announcement | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | James Fisher and Sons plc | ||||
| b) | LEI | 213800J975E5OYR6S216 | ||||
| 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 financial instrument, type of instrument Identification code | Ordinary Shares of 25 pence each in James Fisher and Sons plc GB0003395000 | ||||
| b) | Nature of the transaction | Vesting of a restricted share award made on 4 April 2018 under the James Fisher and Sons plc Deferred Bonus Plan. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
1,869 Nil | ||||
| e) | Date of the transaction | 4 April 2021 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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