28th Jul 2025 07:00
28 July 2025
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
EIP Award Vesting
Following its announcement published on 25 July 2024, JTC further announces the vesting of the second tranche of the share awards granted on 25 July 2024 under the JTC Employee Incentive Plan ("EIP"), which vested in full on 25 July 2025.
The vested EIP awards will be satisfied by the transfer of existing Ordinary Shares held by the Trustee of the JTC PLC EBT to each participant.
No Executive Director of the Company received an award under this grant.
Members of the JTC Group Holdings Board and Persons Discharging Managerial Responsibilities ("PDMRs") have received awards over Ordinary Shares of £0.01 each in Company ("Ordinary Shares"), as detailed below.
PDMRs | Number of Ordinary Shares vested | Number of Ordinary Shares sold to satisfy tax | Additional Ordinary Shares sold | Number of Ordinary Shares retained |
Iain Johns | 13,222 | - | - | 13,222 |
Richard Ingle | 6,894 | - | - | 6,894 |
Kate Beauchamp | 604 | 286 | - | 318 |
The following notifications are intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulations in respect of the EIP Awards which vested on 25 July 2025.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | 1. Iain Johns 2. Richard Ingle 3. Kate Beauchamp
| |
2 | Reason for the notification | ||
a) | Position/Status: | 1. Group Head of Private Client Services and PDMR 2. Chief Risk Officer and PDMR 3. Group Head of Institutional Client Services and PDMR
| |
b) | Initial Notification/Amendment: | Initial Notification | |
3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | JTC PLC | |
b) | LEI: | 213800DVUG4KLF2ASK33 | |
4. | Details of 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: Identification code: | Ordinary shares of £0.01 each JE00BF4X3P53 | |
b) | Nature of the transaction: | Vesting of share awards under the Employee Incentive Plan | |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
Nil | 1. 13,222 2. 6,894 3. 318
| ||
d) | Aggregated volume: Price: | N/A | |
e) | Date of the Transaction: | 25 July 2025 | |
f) | Place of the Transaction: | Outside trading venue | |
For further information please contact:
Miranda Lansdowne
JTC (Jersey) Limited
Company Secretary
+44 1534 700 000
About JTC
JTC is a publicly listed, global professional services business with deep expertise in fund, corporate and private client services. Every JTC person is an owner of the business and this fundamental part of our culture aligns us with the best interests of all our stakeholders. Our purpose is to maximize potential and our success is built on service excellence, long-term relationships and technology capabilities that drive efficiency and add value.
www.jtcgroup.com
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