JRP Group PLC Director/PDMR Shareholding (2452L)
September 29 2016 - 10:49AM
UK Regulatory
TIDMJRP
RNS Number : 2452L
JRP Group PLC
29 September 2016
29 September 2016
JRP Group plc
(the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES
Pursuant to the notification obligations under Disclosure and
Transparency Rule 3.1.4, the Company hereby notifies the following
changes in the interests of directors and persons discharging
managerial responsibilities ("PDMRs") in Ordinary Shares of 10p
each in the Company ("Shares") on 28 September 2016.
Just Retirement Group plc Long Term Incentive Plan ("LTIP")
Following a review of the original award in April 2016 a small
upward adjustment has been made to the annual LTIP Awards for
2016.
Awards under the LTIP were made over Shares, as set out in the
table below. Awards were made in the form of nil-cost options which
become exercisable on the third anniversary of the grant date,
subject to the satisfaction of performance targets. Options are
then exercisable until the tenth anniversary of the grant date,
unless the exercise period is shortened in accordance with the LTIP
rules.
Details of the performance targets applicable to the 2016 awards
will be included in the Directors' Remuneration Report contained in
the Company's Annual Report and Accounts 2016 to be published in
early April 2017.
Name Number of Shares Lapse Date
subject to LTIP
Award Granted
on 26 September
2016
----------------- ----------------- -------------
Rodney Cook 42,606 28 September
2026
----------------- ----------------- -------------
David Richardson 6,060 28 September
2026
----------------- ----------------- -------------
Simon Thomas 18,732 28 September
2026
----------------- ----------------- -------------
Simon O'Hara
Group Company Secretary
29 September 2016
This information is provided by RNS
The company news service from the London Stock Exchange
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