17th Apr 2020 18:01
17 April 2020
John Laing Group plc (the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them in accordance with the Market Abuse Regulations.
Acquisitions and related disposals under the Deferred Share Bonus Plan
On 14 April 2020, ordinary shares of 10 pence each in the capital of the Company were acquired under the John Laing Group plc Deferred Share Bonus Plan (the "DSBP") and sold by a PDMR at a price of 336.25 per share as set out below. The acquisition and sale relate to the exercise of the first tranche of the nil-cost options granted under the DSBP on 10 April 2019. Awards under the DSBP vest in equal tranches on the first, second and third anniversary of grant, subject to continued employment.
PDMR | No. of shares acquired under the DSBP | No. of shares sold | No. of shares retained |
Olivier Brousse | 8,791 | 4,147 | 4,644 |
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 | Acquisition of ordinary shares upon the exercise of a nil cost option award under the John Laing Group plc Deferred Share Bonus Plan 2015.
| ||||
c) |
Price(s) and volume(s)
Acquisition under DSBP
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A (Single Transaction) | ||||
e) | Date of the transaction | 14 April 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Disposal of ordinary shares acquired on the settlement of an award under the John Laing Group plc Deferred Share Bonus Plan 2015. Sufficient sales for tax liability only.
| ||||
c) |
Price(s) and volume(s)
Disposal of Shares
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A (Single Transaction) | ||||
e) | Date of the transaction | 14 April 2020 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
Enquiries:
Clare Underwood
Group Company Secretary
John Laing Group plc
1 Kingsway
London
WC2B 6AN
Tel: 020 7901 3300
Related Shares:
JLG.L