TIDMJSG

RNS Number : 8238T

Johnson Service Group PLC

29 March 2021

29 March 2021

AIM: JSG

Johnson Service Group PLC

Exercise of Share Options / PDMR Dealing

Johnson Service Group PLC (the 'Company') announces the following share transactions carried out by two of its Directors on 26 March 2021.

Peter Egan, Chief Executive Officer, and Yvonne Monaghan, Chief Financial Officer, each exercised options under the Company's 2009 Long Term Incentive Plan (the 'LTIP'). The options were granted on 27 March 2017 with a performance period commencing 1 January 2017 and ending 31 December 2019. The performance conditions, calculated as disclosed on page 96 of the Company's 2020 Annual Report, were met as follows:

 
 EPS Performance Condition:    100.0% 
 TSR Performance Condition:    100.0% 
 

A summary of the share transactions is provided in the table below:

 
                      No. of                          Option      Sale 
                     Options      Sold     Retained    Price     Price 
 
 Peter Egan           95,000    44,900       50,100      nil   154.18p 
 Yvonne Monaghan     274,364   204,364       70,000      nil   154.18p 
 

The gross gain, at the point of exercise, attributable to each of Peter Egan and Yvonne Monaghan in respect of the above transactions, prior to any taxation liabilities and dealing costs, was GBP146,471 and GBP423,015 respectively.

Following the above transactions, Peter Egan retains a beneficial interest in 271,904 Ordinary Shares, representing 0.06% of the Company's total issued share capital as at today's date, and Yvonne Monaghan retains a beneficial interest in 694,955 Ordinary Shares, representing 0.16% of the Company's total issued share capital as at today's date.

 
 Enquiries: 
 Johnson Service Group PLC 
  Peter Egan, CEO 
  Yvonne Monaghan, CFO 
  Tel: 01928 704 600 
 
 Investec Investment Banking (NOMAD)   Camarco (Financial PR) 
  David Flin                            Ginny Pulbrook 
  Carlton Nelson                        Oliver Head 
  Virginia Bull 
  Tel: 020 7597 5970                    Tel: 020 3757 4992 
 

About Johnson Service Group PLC

www.jsg.com

Headquartered in Preston Brook, Cheshire, JSG provides textile services across the UK. The Group is the leading supplier of workwear and protective wear in the UK and also provides premium linen services for the hotel, catering and hospitality markets. With its core values of quality, reliability and service, the Group aims to provide customers with an outstanding level of customer care.

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                        Peter Egan 
     --------------------------  ---------------------------------------- 
 2.   Reason for the Notification 
     -------------------------------------------------------------------- 
 a)   Position / Status           Chief Executive Officer / PDMR 
     --------------------------  ---------------------------------------- 
 b)   Initial Notification        Initial notification 
       / Amendment 
     --------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Entity legal name           Johnson Service Group PLC 
     --------------------------  ---------------------------------------- 
 b)   Entity LEI                  2138004WZUPWV53KWV11 
     --------------------------  ---------------------------------------- 
 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          Ordinary shares of 10 pence each 
       securities 
                                   GB0004762810 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Exercise and subsequent sale of nil 
                                   cost options under the Company's 2009 
                                   Long Term Incentive Plan over ordinary 
                                   shares of 10 pence each 
     --------------------------  ---------------------------------------- 
 c)   Individual transaction       Price           Volume 
       price(s) and volume(s)       154.18 pence    44,900 
                                                   ------- 
     --------------------------  ---------------------------------------- 
 d)        Aggregated price and 
            volume:                 n/a - single transaction 
             *    Price             n/a - single transaction 
 
 
             *    Volume 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     26 March 2021 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM Market 
     --------------------------  ---------------------------------------- 
 

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                        Peter Egan 
     --------------------------  --------------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------- 
 a)   Position / Status           Chief Executive Officer / PDMR 
     --------------------------  --------------------------------------------- 
 b)   Initial Notification        Initial notification 
       / Amendment 
     --------------------------  --------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Entity legal name           Johnson Service Group PLC 
     --------------------------  --------------------------------------------- 
 b)   Entity LEI                  2138004WZUPWV53KWV11 
     --------------------------  --------------------------------------------- 
 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          Ordinary shares of 10 pence each 
       securities 
                                   GB0004762810 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Exercise of nil cost options and subsequent 
                                   acquisition of shares under the Company's 
                                   2009 Long Term Incentive Plan over ordinary 
                                   shares of 10 pence each 
     --------------------------  --------------------------------------------- 
 c)   Individual transaction       Price    Volume 
       price(s) and volume(s)       nil      50,100 
                                            ------- 
     --------------------------  --------------------------------------------- 
 d)        Aggregated price and 
            volume:                 n/a - single transaction 
             *    Price             n/a - single transaction 
 
 
             *    Volume 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     26 March 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Outside of a trading platform 
     --------------------------  --------------------------------------------- 
 

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                        Yvonne Monaghan 
     --------------------------  ---------------------------------------- 
 2.   Reason for the Notification 
     -------------------------------------------------------------------- 
 a)   Position / Status           Chief Financial Officer / PDMR 
     --------------------------  ---------------------------------------- 
 b)   Initial Notification        Initial notification 
       / Amendment 
     --------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Entity legal name           Johnson Service Group PLC 
     --------------------------  ---------------------------------------- 
 b)   Entity LEI                  2138004WZUPWV53KWV11 
     --------------------------  ---------------------------------------- 
 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          Ordinary shares of 10 pence each 
       securities 
                                   GB0004762810 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Exercise and subsequent sale of nil 
                                   cost options under the Company's 2009 
                                   Long Term Incentive Plan over ordinary 
                                   shares of 10 pence each 
     --------------------------  ---------------------------------------- 
 c)   Individual transaction       Price           Volume 
       price(s) and volume(s)       154.18 pence    204,364 
                                                   -------- 
     --------------------------  ---------------------------------------- 
 d)        Aggregated price and 
            volume:                 n/a - single transaction 
             *    Price             n/a - single transaction 
 
 
             *    Volume 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     26 March 2021 
     --------------------------  ---------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM Market 
     --------------------------  ---------------------------------------- 
 

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                        Yvonne Monaghan 
     --------------------------  --------------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------- 
 a)   Position / Status           Chief Financial Officer / PDMR 
     --------------------------  --------------------------------------------- 
 b)   Initial Notification        Initial notification 
       / Amendment 
     --------------------------  --------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Entity legal name           Johnson Service Group PLC 
     --------------------------  --------------------------------------------- 
 b)   Entity LEI                  2138004WZUPWV53KWV11 
     --------------------------  --------------------------------------------- 
 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          Ordinary shares of 10 pence each 
       securities 
                                   GB0004762810 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Exercise of nil cost options and subsequent 
                                   acquisition of shares under the Company's 
                                   2009 Long Term Incentive Plan over ordinary 
                                   shares of 10 pence each 
     --------------------------  --------------------------------------------- 
 c)   Individual transaction       Price    Volume 
       price(s) and volume(s)       nil      70,000 
                                            ------- 
     --------------------------  --------------------------------------------- 
 d)        Aggregated price and 
            volume:                 n/a - single transaction 
             *    Price             n/a - single transaction 
 
 
             *    Volume 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     26 March 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Outside of a trading platform 
     --------------------------  --------------------------------------------- 
 

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END

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March 29, 2021 06:45 ET (10:45 GMT)

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