17th Mar 2017 11:17
John Laing Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 17 March 2017 awards over ordinary shares of 10 pence in the capital of John Laing Group plc were granted under the John Laing Group plc Deferred Share Bonus Plan 2015 (the "DSBP") to persons discharging managerial responsibilities as follows:
PDMR | No. of shares over which awards were granted |
Olivier Brousse | 4,808 |
Patrick O'D Bourke | 3,723 |
Each award is structured as a nil cost option comprising three equal tranches that shall ordinarily vest on the first, second and third anniversary of the grant of the award respectively subject to continued service. Once vested a tranche is then ordinarily exercisable until 17 March 2027.
Details of the full notifications received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Olivier Brousse | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | John Laing Group plc | ||||
b) | LEI | 213800GLLXRSIIKN6I12 | ||||
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 Identification code | Ordinary Shares of 10 pence each in John Laing Group plc GB00BVC3CB83 | ||||
b) | Nature of the transaction | Grant of a nil cost option award over Ordinary Shares under the John Laing Group plc Deferred Share Bonus Plan 2015. The award comprises three equal tranches that shall ordinarily vest on the first, second and third anniversary of the grant of the award respectively subject to continued service. Once vested a tranche is then ordinarily exercisable until 17 March 2027. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 17 March 2017 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Patrick O'D Bourke | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Finance Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | John Laing Group plc | ||||
b) | LEI | 213800GLLXRSIIKN6I12 | ||||
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 Identification code | Ordinary Shares of 10 pence each in John Laing Group plc GB00BVC3CB83 | ||||
b) | Nature of the transaction | Grant of a nil cost option award over Ordinary Shares under the John Laing Group plc Deferred Share Bonus Plan 2015. The award comprises three equal tranches that shall ordinarily vest on the first, second and third anniversary of the grant of the award respectively subject to continued service. Once vested a tranche is then ordinarily exercisable until 17 March 2027. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 17 March 2017 | ||||
f) | Place of the transaction | Outside of trading venue | ||||
Enquiries:
Carolyn Cattermole
Group General Counsel and Company Secretary
John Laing plc
1 Kingsway
London
WC2B 6AN
Tel: 020 7901 3224
Related Shares:
JLG.L