t
Just Group plc announced that its Group Chief Executive Officer, David Richardson, acquired a total of 542,466 ordinary shares for nil consideration on December 8, 2022, through the exercise of various long-term incentive and deferred share bonus plan awards. Immediately following these acquisitions, he sold 255,856 of these shares at GBP 0.7357 per share on the London Stock Exchange to cover withholding tax and fees. A balance of 116,697 shares from one award remains subject to a post-vesting holding period until May 16, 2024.
| Date | 9 Dec 2022 |
| Time | 12:15:55 |
| Category | Director/PDMR dealings |
| ID | 2510J |
Just Group plc
(the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
David Richardson
|
||||
|
2
|
Reason for the notification
|
|||||
|
a)
|
Position/status
|
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
|
Just 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 transactions have been conducted
|
|||||
|
a)
|
Description of the financial instrument, type of instrument |
Ordinary Shares of 10 pence each |
||||
|
|
|
|||||
|
Identification code |
GB00BCRX1J15 |
|||||
|
|
|
|||||
|
b)
|
Nature of the transaction
|
(i) Acquisition of shares for nil consideration following the exercise of an award granted under the Just Retirement Group plc Long Term Incentive Plan on 16 May 2019;
(ii) Sale of shares immediately following the acquisition described in (i) above only to cover withholding tax and fees. The balance of 116,697 shares are subject to a post vesting holding period which ends on 16 May 2024;
(iii) Acquisition of shares for nil consideration following the exercise of an award granted under the Just Retirement Group plc Deferred Share Bonus Plan on 28 March 2019;
(iv) Sale of shares immediately following the acquisition described in (iii) above only to cover withholding tax and fees;
(v) Acquisition of shares for nil consideration following the exercise of an award granted under the Just Retirement Group plc Long Term Incentive Plan on 28 September 2016; and
(vi) Sale of shares immediately following the acquisition described in (v) above only to cover withholding tax and fees.
|
||||
|
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
|
(i) |
Nil |
220,872 |
|
|
|
|
|
(ii) |
GBP 0.7357 |
104,175 |
|
|
|
|
|
(iii) |
Nil |
318,564 |
|
|
|
|
|
(iv) |
GBP 0.7357 |
150,252 |
|
|
|
|
|
(v) |
Nil |
3,030 |
|
|
|
|
|
(vi) |
GBP 0.7357 |
1,429 |
|
|
|
|
|
|
|
|
||
|
d)
|
Aggregated information |
|
||||
|
|
|
|||||
|
- Aggregated volume |
N/A |
|||||
|
|
|
|||||
|
- Price |
|
|||||
|
|
|
|||||
|
e)
|
Date of the transaction
|
2022-12-08 |
||||
|
f)
|
Place of the transaction
|
London Stock Exchange
|
||||
Contact
Simon Watson, Group Company Secretary, +44 (0)20 7444 8400