JTC PLC PDMR Shareholding (1071Q)

TIDMJTC

RNS Number : 1071Q

JTC PLC

24 February 2021

24 February 2021

JTC PLC

(the "Company" and together with its subsidiaries "JTC" or the "Group")

PDMR Shareholding

In accordance with the requirements of Market Abuse Regulation Article 19, JTC announces it was notified on 23 February 2021 that Michael Halloran, a PDMR, sold 75,000 shares at an aggregate price of 648.4 p.

The share sale relates to financing the refurbishment of a primary private residence for Michael and his family. Michael is Group Head of Technology Strategy and also a Director on JTC's Group Holdings Board. He remains fully committed to the business and, in keeping with JTC's ethos of shared ownership among all employees, retains a significant shareholding in the Company .

Details of the share sale are set out below:

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name:                                          Michael Halloran 
      ---------------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------ 
 a)    Position/Status:                               Group Head of Technology Strategy / PDMR 
      ---------------------------------------------  ------------------------------------------- 
 b)    Initial Notification/Amendment:                Initial Notification 
      ---------------------------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participation, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------ 
 a)    Name:                                          JTC PLC 
      ---------------------------------------------  ------------------------------------------- 
 b)    LEI:                                           213800DVUG4KLF2ASK33 
      ---------------------------------------------  ------------------------------------------- 
 4.    Details of 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                             Ordinary shares of GBP0.01 each 
        financial instrument: 
        Identification code:                           JE00BF4X3P53 
      ---------------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction:                     Sale of ordinary shares 
      ---------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s):                        Price(s)              Volume(s) 
      ---------------------------------------------  --------------------  --------------------- 
                                                      652p                  1,517 
                                                       650p                  12,871 
                                                       648p                  60,612 
 --------------------------------------------------  --------------------  --------------------- 
                                                      75,000 
       Aggregated volume: 
 d)     Price:                                         648.4p 
      ---------------------------------------------  ------------------------------------------- 
 e)    Date of the Transaction:                       19 February 2021 
      ---------------------------------------------  ------------------------------------------- 
 f)    Place of the Transaction:                      London Stock Exchange - XLON 
      ---------------------------------------------  ------------------------------------------- 
 

For further information please contact:

Miranda Lansdowne

JTC (Jersey) Limited

Company Secretary

[phone]

[e-mail]

About JTC

JTC is an award-winning provider of fund, corporate and private client services. Founded in 1987, the company employs c.900 people across its global office network and is trusted to administer assets of c.US$130 billion.

JTC is committed to its shared ownership culture and philosophy, with management and staff holding over 20% of the equity in the firm, clearly aligning the interests of clients, employees and other stakeholders.

www.jtcgroup.com

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February 24, 2021 03:00 ET (08:00 GMT)