5th Apr 2016 17:09
LONDON (Alliance News) - JRP Group PLC said Tuesday three of its directors had received shares as part of a scheme of arrangement following the all-share merger between Just Retirement Group PLC and Partnership Assurance Group PLC.
The merger completed on Monday, and the company began trading on the London Stock Exchange on Monday.
JRP Group said Chairman Chris Gibson-Smith received 582,787 shares, Deputy Chief Executive Officer David Richardson received 358,172 shares and non-executive director Ian Cormack received 10,831 shares on Monday.
The company did not give any details about their stakes following the dealings.
Shares in JRP Group closed down 3.3% at 147.00 pence on Tuesday.
By Hannah Boland; [email protected]; @Hannaheboland
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