JRP Group PLC Director/PDMR Shareholding (2442A)

TIDMJRP

RNS Number : 2442A

JRP Group PLC

22 March 2017

22 March 2017

JRP Group plc

(the "Company")

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

The following notification is made in accordance with Article 19.3 of the Market Abuse Regulation. 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 17 March 2017.

Just Retirement Group plc Deferred Share Bonus Plan ("DSBP")

Awards under the DSBP were made over Shares, as set out in the table below. Awards were made in the form of nil-cost options at a price of 144.4p per Share, which become exercisable on the third anniversary of the grant date. Options are then exercisable until the tenth anniversary of the grant date, unless the exercise period is shortened in accordance with the DSBP rules.

The price used to calculate the number of DSBP Shares awarded is the mid-market closing price of a Share in the Company on the business day immediately preceding the grant on 17 March 2017. For further information on the DSBP, please refer to the IPO Prospectus published on 12 November 2013.

 
 Name               Number of Shares    Lapse Date 
                     subject to DSBP 
                          Award 
-----------------  -----------------  -------------- 
 Rodney Cook            207,358        17 March 2027 
-----------------  -----------------  -------------- 
 David Richardson       147,001        17 March 2027 
-----------------  -----------------  -------------- 
 Simon Thomas           120,524        17 March 2027 
-----------------  -----------------  -------------- 
 

Simon O'Hara

Group Company Secretary

22 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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March 22, 2017 12:32 ET (16:32 GMT)