19 August 2021
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
Notification of Share Pledge by PDMR
In accordance with the requirements of Market Abuse Regulation Article 19, JTC announces it was notified on 19 August 2021 that Michael Halloran, Global Head of Technology Strategy and a PDMR, has entered into a personal loan agreement pursuant to which 100,000 shares beneficially owned by Mr. Halloran and his connected persons have been pledged under a security interest agreement he has entered into with SRT Capital SPC LLC. Mr. Halloran and his connected persons remain the beneficial owners of the shares, subject to the pledge, and retain full voting rights.
Details of the share sale are set out below:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Michael Halloran | |
| 2 | Reason for the notification | ||
| a) | Position/Status: | Group Head of Technology Strategy / PDMR | |
| b) | Initial Notification/Amendment: | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
| a) | Name: | JTC PLC | |
| b) | LEI: | 213800DVUG4KLF2ASK33 | |
| 4. | Details of 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: Identification code: | Ordinary shares of £0.01 each JE00BF4X3P53 | |
| b) | Nature of the transaction: | Shares pledged by Mr. Halloran and his PCAs as security for any amounts which may become due under a personal loan facility with SRT Capital SPC LLC. Mr Halloran's aggregate interest in JTC's ordinary shares remains the same as a result of this transaction. | |
| c) | Price(s) and volume(s): | Price(s) | Volume(s) |
| N/A
| 100,000
| ||
| d) | Aggregated volume: Price: | 100,000
N/A | |
| e) | Date of the Transaction: | 16 August 2021 | |
| f) | Place of the Transaction: | Outside of a trading venue. | |
For further information please contact:
Miranda Lansdowne
JTC (Jersey) Limited
Company Secretary
+44 1534 700 000
Miranda.Lansdowne@jtcgroup.com
About JTC
JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all our stakeholders. Our purpose is to maximize potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.
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