9th Feb 2015 14:05
Jelf Group plc
('Jelf' or 'the Group')
Maturity of EBT Share Awards and EBT Share Purchase
The Jelf Group Plc Employee Benefit Trust ("EBT") has issued 914,749 ordinary shares of 1 pence ("Ordinary Shares") to staff and Directors of the Group following the maturity on 31 January 2015 of certain share awards ("the Scheme"). As a result of the issue some of the Directors' and PDMRs' (including associated persons) shareholdings have changed, the details of which are illustrated in the table below:
Director | Shares issued following maturity of Scheme | Shares sold to settle tax arising on maturity of Scheme | Resultant shareholding | Percentage of total voting rights |
Chris Jelf | 1,000 | - | 2,523,073 | 2.94% |
Alex Alway | 139,678 | 65,649 | 1,411,400 | 1.65% |
John Harding | 70,061 | 32,929 | 392,818 | 0.46% |
Phil Barton | 64,551 | 30,339 | 304,831 | 0.36% |
Glenn Thomas | 36,384 | 17,101 | 515,854 | 0.60% |
Jelf also announces that it has been notified by the trustees of the EBT that the EBT purchased a total of 429,167 Ordinary Shares on 2 February 2015, at an average price of 182 pence per share.
Following these transactions a total of 2,977,374 Ordinary Shares, representing 3.5 per cent of the Group's total voting rights, are held in the EBT.
Related Shares:
JLF.L