JRP Group PLC Director/PDMR Shareholding (5677Z)

TIDMJRP

RNS Number : 5677Z

JRP Group PLC

15 March 2017

15 March 2017

JRP Group plc (the "Company")

Sale of Shares and PDMR Notification

Notification and public disclosure of transactions by persons discharging managerial responsibilities by persons discharging managerial responsibilities and persons closely associated with them

The following notification made in accordance with Article 19.3 of the Market Abuse Regulation relates to a sale made by Rodney Cook, Group Chief Executive Officer who is considered to be a person discharging managerial responsibilities who has sold 199,022 Ordinary Shares that vested under Just Retirement Group plc 2013 Long Term Incentive Plan.

 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------------------- 
 a)    Name                           1.    Rodney Cook 
----  -----------------------------  ----  ------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------------- 
 a)    Position/status                1.    Group Chief Executive Officer 
----  -----------------------------  ----  ------------------------------------- 
 b)    Initial notification/Amendment       Initial notification 
----  -----------------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer, 
        or auction monitor 
----  -------------------------------------------------------------------------- 
 a)    Name                                 JRP Group plc 
----  -----------------------------------  ------------------------------------- 
 b)    LEI                                  5493006456YEZEELRR90 
----  -----------------------------------  ------------------------------------- 
 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 the transactions 
        have been conducted 
----  -------------------------------------------------------------------------- 
 a)    Description of                       Ordinary Shares of 10 pence 
        the financial                        each 
        instrument, type 
        of instrument                        ISIN GB00BCRX1J15 
        Identification 
        code 
----  -----------------------------------  ------------------------------------- 
 b)    Nature of the                  1.    Vesting of Long Term Incentive 
        transaction                          Plan ("LTIP") awards granted 
                                             under the Just Retirement Group 
                                             plc 2013 Long Term Incentive 
                                             Plan on 15 November 2013 and 
                                             subsequent sale of shares 
----  -----------------------------  ----  ------------------------------------- 
 c)    Price(s) and                   Price                     No. of shares 
        volume(s) 
----  -----------------------------  ------------------------  ----------------- 
                                      1.    GBP.1.4608          1.    199,022 
 ----------------------------------  ----  ------------------  ----  ----------- 
 d)    Aggregated 
        information                     n/a individual transaction 
        -Aggregated                     n/a individual transaction 
        volume 
        -Price 
----  -----------------------------  ------------------------------------------- 
 e)    Date of transaction            14 March 2017 
----  -----------------------------  ------------------------------------------- 
 f)    Place of transaction           London Stock Exchange (XLON) 
----  -----------------------------  ------------------------------------------- 
 

Following the sale of the shares the PDMR's continue to hold significant interests in the share capital of the Company, as shown in the table below:

 
 PDMR           Value of shares       Total       Total percentage 
                 retained expressed    No. of      of issued 
                 as a percentage       shares      share capital 
                 of Base salary        held 
                 at 14/03/2017 
-------------  --------------------  ----------  ----------------- 
 Rodney Cook    686.77%               2,870,574   0.31% 
-------------  --------------------  ----------  ----------------- 
 

Enquiries

 
 Investors / Analysts               Media 
 
  James Pearce, Group Director       Stephen Lowe, Group Communications 
  of Corporate Finance and           Director 
  Investor Relations 
 
  Telephone: [phone]            Telephone: [phone] 
  085 099                            827 301 
  [e-mail]    [e-mail] 
 
                                     Temple Bar Advisory 
                                     Alex Child-Villiers 
                                     William Barker 
                                     Telephone: [phone] 
                                     1080 
 

A copy of this announcement will be available on the Group's website www.jrpgroup.com

JRP GROUP PLC

GROUP COMMUNICATIONS

Vale House, Roebuck Close

Bancroft Road, Reigate

Surrey RH2 7RU

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 15, 2017 08:33 ET (12:33 GMT)