JRP Group PLC Director/PDMR Shareholding (2452L)

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

END

DSHEALNNALPKEFF

(END) Dow Jones Newswires

September 29, 2016 10:49 ET (14:49 GMT)