4 April 2025

AIM: JSG

Johnson Service Group PLC 

Exercise of Share Options / Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated ("PCAs")

Johnson Service Group PLC (the "Company") announces the following share transactions carried out by two of its Directors and their respective PCAs with such Directors on 2 April 2025, as a result of which:

·    The total beneficial interest of Peter Egan, Chief Executive Officer, and his PCA, Caitriona Egan, in the Company's issued share capital has increased to 725,162 Ordinary Shares, representing approximately 0.18% of the Company's total issued share capital as at 2 April 2025; and

·    The total beneficial interest of Yvonne Monaghan, Chief Financial Officer, and her PCA, Ronald Monaghan, in the Company's issued share capital has increased to 886,309 Ordinary Shares, representing approximately 0.21% of the Company's total issued share capital as at 2 April 2025.

1.    LTIP Options Exercise

On 2 April 2025, Peter Egan, Chief Executive Officer, and Yvonne Monaghan, Chief Financial Officer, each exercised options under the Company's 2018 Long Term Incentive Plan (the "LTIP") over ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares"), as follows:

1.1  2021 LTIP Options Exercise

LTIP options granted on 22 March 2021 (the "2021 LTIP Options") and which vested on 22 March 2024 (the "2021 LTIP Options Exercise"):

The gross gain, at the point of exercise, attributable to each of Peter Egan and Yvonne Monaghan in respect of the above 2021 LTIP Options Exercise transactions, prior to any taxation liabilities and dealing costs, was £156,392 and £103,279 respectively.

1.2  2022 LTIP Options Exercise

LTIP options granted on 16 March 2022 (the "2022 LTIP Options") and which vested on 16 March 2025 (the "2022 LTIP Options Exercise"):

The gross gain, at the point of exercise, attributable to each of Peter Egan and Yvonne Monaghan in respect of the above 2022 LTIP Options Exercise transactions, prior to any taxation liabilities and dealing costs, was £515,882 and £341,344 respectively.

As previously disclosed, the 2021 LTIP Options and the 2022 LTIP Options are subject to a holding period of two years from the date on which the relevant LTIP option award vests (the "Holding Period"), during which time the LTIP option holder may not normally dispose of any of the shares which vest except to the extent permitted under the LTIP rules, including (i) to cover any income tax or social security contributions arising on the exercise of the LTIP option; and / or (ii) transferring shares to the LTIP option holder's spouse or civil partner. The Holding Period for the 2021 LTIP Options and the 2022 LTIP Options ends on 22 March 2026 and 16 March 2027, respectively.  The shares sold by Peter Egan and Yvonne Monaghan, respectively, as part of the above 2021 LTIP Options Exercise and the 2022 LTIP Options Exercise transactions, have been disposed of in order to cover any income tax or social security contributions arising in respect of the 2021 LTIP Options Exercise and the 2022 LTIP Options Exercise.

On 2 April 2025, following completion of their respective 2021 LTIP Options Exercise and 2022 LTIP Options Exercise transactions, and as permitted by the LTIP rules, Peter Egan and Yvonne Monaghan then each transferred Ordinary Shares to their respective PCAs with them, as follows (the "LTP21 & LTIP22 PCA Transfer"):

·    Peter Egan transferred 62,523 Ordinary Shares to his wife, Caitriona Egan and, therefore, a PCA with Peter Egan, for nil consideration (being the retained Ordinary Shares arising as a result of Peter Egan's 2021 LTIP Options Exercise); and

·    Peter Egan also transferred 206,642 Ordinary Shares to his wife, Caitriona Egan and, therefore, a PCA with Peter Egan, for nil consideration (being the retained Ordinary Shares arising as a result of Peter Egan's 2022 LTIP Options Exercise); and

·    Yvonne Monaghan transferred 42,838 Ordinary Shares to her husband, Ronald Monaghan and, therefore, a PCA with Yvonne Monaghan, for nil consideration (being the retained Ordinary Shares arising as a result of Yvonne Monaghan's 2021 LTIP Options Exercise); and

·    Yvonne Monaghan also transferred 141,580 Ordinary Shares to her husband, Ronald Monaghan and, therefore, a PCA with Yvonne Monaghan, for nil consideration (being the retained Ordinary Shares arising as a result of Yvonne Monaghan's 2022 LTIP Options Exercise).

The Ordinary Shares that are the subject of the above LTP21 & LTIP22 PCA Transfer transactions undertaken by Peter Egan and Yvonne Monaghan, respectively, shall be retained by their respective PCA's in accordance with the applicable Holding Period requirement.

2.    SAYE Scheme Options Exercise

On 2 April 2025, Peter Egan, Chief Executive Officer, and Yvonne Monaghan, Chief Financial Officer, each exercised options under the Company's Sharesave Plan (the "SAYE Scheme Options") over Ordinary Shares, as follows (the "SAYE Scheme Options Exercise"):

On 2 April 2025, following completion of their respective SAYE Scheme Options Exercise transactions, Peter Egan and Yvonne Monaghan then each transferred Ordinary Shares to their respective PCAs with them, as follows (the "SAYE PCA Transfer"):

·    Peter Egan transferred 6,936 Ordinary Shares to his wife, Caitriona Egan and, therefore, a PCA with Peter Egan, for nil consideration; and

·    Yvonne Monaghan transferred 6,936 Ordinary Shares to her husband, Ronald Monaghan and, therefore, a PCA with Yvonne Monaghan, for nil consideration.

3.    Increased Total Beneficial Interest in the Company's Issued Share Capital

As a result of and following the 2021 LTIP Options Exercise; the 2022 LTIP Options Exercise; the SAYE Scheme Options Exercise; the LTIP21 & LTIP22 PCA Transfer; and the SAYE PCA Transfer transactions:

·    The total beneficial interest of Peter Egan and his PCA, Caitriona Egan, in the Company's issued share capital has increased to 725,162 Ordinary Shares, representing approximately 0.18% of the Company's total issued share capital as at 2 April 2025; and

·    The total beneficial interest of Yvonne Monaghan and her PCA, Ronald Monaghan, in the Company's issued share capital has increased to 886,309 Ordinary Shares, representing approximately 0.21% of the Company's total issued share capital as at 2 April 2025.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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