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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Joules Group Plc | LSE:JOUL | London | Ordinary Share | GB00BZ059357 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.22 | 9.40 | 9.60 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMJOUL
RNS Number : 3440A
Joules Group plc
28 September 2020
Joules Group plc
('Joules' or the 'Company')
Director/PDMR Share Dealing
Waiver of Options
Joules, the premium British lifestyle brand, today announces that Nick Jones, CEO of Joules, and Marc Dench, CFO of Joules, have waived the share options which they were awarded in April 2020 in lieu of the salary they sacrificed in order to mitigate the cash impact on the Company of Covid-19 (the "Options"). The Options have a 1p exercise price and were due to vest in two tranches, with 50% vesting on 30 September 2020 and 50% on 30 April 2021. A total of 107,859 Options have been waived, which at the close price on Friday 25 September 2020 of 93 pence, represent a value of approximately GBP100k.
FY21 LTIP Awards
Following consultation with shareholders, the proposals for the FY21 LTIP awards for directors are being reviewed by the Remuneration Committee of the Company and an announcement will be made in the coming weeks once these awards have been granted.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Hot Features
Premium
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name 1. Nick Jones
2. Marc Dench
---------------------------------------------
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 Ordinary shares of 1p each
instrument, type of instrument in the capital of Joules
Group plc ("Ordinary Shares")
---------------------------------------------
b) Identification code ISIN GB00BZ059357
---------------------------------------------
c) Nature of the transaction Waiving of options over
Ordinary Shares
---------------------------------------------
d) Price(s) and volume(s) Name Exercise Volume
price
Nick
1. Jones 1p 65,625
------- --------- -------
Marc
2. Dench 1p 42,234
------- --------- -------
---------------------------------------------
e) Aggregated information: n/a (single transaction
i. Aggregated volume for each individual)
ii. price
---------------------------------------------
f) Date of the transaction 23 September 2020
---------------------------------------------
g) Place of the transaction Outside a trading venue
---------------------------------------------
Enquiries:
Joules Group plc Telephone: +44 (0) 1858 435 255
Nick Jones, CEO
Marc Dench, CFO
Peel Hunt LLP (NOMAD and Joint Broker) Telephone: +44 (0) 20 7418 8900
George Sellar
Andrew Clark
Liberum Capital Limited (Joint Broker) Telephone: +44 (0) 20 3100 2000
John Fishley
Edward Thomas
Hudson Sandler (Financial PR) Telephone: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
DSHSEAFIAESSEEU
(END) Dow Jones Newswires
September 28, 2020 11:31 ET (15:31 GMT)
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