30th Apr 2018 09:26
John Laing Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them in accordance with the Market Abuse Regulations.
The Company was informed on 27 April 2018 that Olivier Brousse, Chief Executive Officer of the Company, had sold 131,552 Ordinary Shares of 10p each in the Company. The sale was due to personal circumstances associated with recent divorce proceedings.
The Ordinary Shares were sold in the following tranches:
20,000 Ordinary Shares were sold at a price of 281p each on 26 April 2018.
47,984 Ordinary Shares were sold at price of 280.54p on 27 April 2018
63,568 Ordinary Shares were sold at a price of 280p on 27 April 2018
Olivier Brousse remains interested in 218,163 Ordinary Shares in the Company.
Details of the full notification 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 | Sale of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
- 20,000 - £56,200 | ||||
e) | Date of the transaction | 26 April 2018 | ||||
f) | Place of the transaction | XLON | ||||
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 | Sale of shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
- 111,552 - £312,604.71 | ||||||
e) | Date of the transaction | 27 April 2018 | ||||||
f) | Place of the transaction | XLON | ||||||
Enquiries:
David Gormley
Company Secretary
John Laing Group plc
1 Kingsway
London
WC2B 6AN
Tel: 020 7901 3200
Related Shares:
JLG.L