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RNS Number : 8148Z
John Laing Group plc
17 March 2017
 

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)

Price(s)

Volume(s)

Nil

4,808

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)

Price(s)

Volume(s)

Nil

3,723

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

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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