Business
Exercise of Share Options / PDMR Dealing
Exercise of Share Options / PDMR Dealing.
About this update from Johnson Service Group Plc
[{"type":"text","content":"\n \nRNS Number : 0491V Johnson Service Group PLC 03 April 2019 \n\nJohnson Service Group PLC \n3 April 2019\nAIM: JSG\nExercise of Share Options / PDMR Dealing\n \nJohnson Service Group PLC (the \"Company\") announces the following share transactions carried out by two of its Directors on 2 April 2019.\n \nPeter Egan, Chief Executive Officer, and Yvonne Monaghan, Chief Financial Officer, each exercised options under the Company's 2009 Long Term Incentive Plan (the \"LTIP\") and the 2009 Long Term Incentive Plan Approved Section (the \"Approved LTIP\").\n \n\n\n\n\n \n\n\nNo. of Options\n\n\n \nSold\n\n\n \nRetained\n\n\n \nForfeited\n\n\nOption Price\n\n\nSale\nPrice\n\n\n\n\nPeter Egan\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLTIP\n\n\n120,000\n\n\n70,415\n\n\n33,152\n\n\n16,433\n\n\nnil\n\n\n139.2p\n\n\n\n\nApproved LTIP\n\n\n37,500\n\n\n-\n\n\n37,500\n\n\n-\n\n\n80.0p\n\n\nn/a\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nYvonne Monaghan\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLTIP\n\n\n308,750\n\n\n242,577\n\n\n50,000\n\n\n16,173\n\n\nnil\n\n\n139.2p\n\n\n\n\nApproved LTIP\n\n\n37,500\n\n\n37,500\n\n\n-\n\n\n-\n\n\n80.0p\n\n\n140.0p\n\n\n\n\n \nThe 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 £167,040 and £429,780 respectively.\n \nThe LTIP options were granted on 8 May 2015. The Approved LTIP options were granted on the same date and were intended to allow, where possible, the participant to receive part of the gain under the LTIP award tax efficiently. The participant received the same gross gain as he or she would have received had they only been granted the LTIP award and not been granted the LTIP award and the Approved LTIP award. At the time of exercise, options granted under the LTIP award were forfeited to the same value as the gain on the Approved LTIP award.\n \n \nFollowing the above transactions, Peter Egan retains a beneficial interest in 105,368 Ordinary Shares, representing 0.03% of the Company's total issued share capital as at today's date, and Yvonne Mon...