Source - LSE Regulatory
RNS Number : 0046Q
Joules Group plc
22 October 2021
 

Joules Group plc

Grant of awards to Directors under LTIP

Joules Group plc ("Joules" or "the Company"), the British lifestyle group, announces that on 21 October 2021 it granted awards over ordinary shares of 1p each in the Company ("Ordinary Shares") under the Joules 2016 Long Term Incentive Plan (the "LTIP") to the Directors as set out below.

The awards will vest in three years' time, subject to certain performance criteria being satisfied. Each award under the LTIP has been granted in the form of an option with an exercise price per share of £0.01.

Director

Number of Ordinary Shares subject to FY22 LTIP award

Number of Ordinary Shares subject to FY21 LTIP award1

Nick Jones

292,699

-

Caroline York

110,619

137,832

1Caroline has been granted a delayed award under the FY21 LTIP pro rated to reflect the proportion of the performance period during which she will be in role.

Enquiries:

Joules Group plc

Tel: +44 (0) 1858 435 255

Nick Jones, CEO

Caroline York, CFO

 


Hudson Sandler (Financial PR)

Tel: +44 (0) 20 7796 4133

Alex Brennan

Lucy Wollam

 


Peel Hunt LLP (Nominated Advisor and Joint Broker)

Tel: +44 (0) 20 7418 8900

George Sellar

Andrew Clark

 


Liberum Capital Limited (Joint Broker)

Tel: +44 (0) 20 3100 2000

John Fishley

Edward Thomas

 


The information contained in this notification is disclosed in accordance with the requirements of Article 19 of the Market Abuse Regulation.

 

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

 

1.

Nick Jones

2.

Caroline York

2.   Reason for the notification


a)   Position/status

 

1.

Chief Executive Officer

2.

Chief Financial Officer

b)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)   Name

Joules Group plc

b)   LEI

213800BNGLSIPD111Y68

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

Options of Ordinary Shares of 1 pence each

b)   Identification code

ISIN GB00BZ059357

c)   Nature of the transaction

Grant of options under LTIP 16

d)   Price(s) and volume(s)

 


Name

Price(s)

Volume(s)

1.

Nick Jones

Exercise price of 1p

292,699

2.

Caroline York

Exercise price of 1p

110,619

2.

Caroline York

Exercise price of 1p

137,832

e)   Aggregated information:

i. Aggregated volume

ii. price


Name

Price(s)

Volume(s)

1.

Nick Jones

Exercise price of 1p

292,699

2.

Caroline York

Exercise price of 1p

248,451

f)    Date of the transaction

21 October 2021

g)   Place of the transaction


Outside of a trading venue

 

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