TIDMJLG
RNS Number : 8335W
John Laing Group plc
23 April 2019
23 April 2019
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 Long-Term Incentive
Plan
On 16 April 2019, ordinary shares of 10 pence each in the
capital of the Company were acquired under the John Laing Group plc
Long-Term Incentive Plan 2015 (the "LTIP") and sold by PDMRs at a
price of 398.9438p per share as set out below. The acquisitions and
sales relate to the exercise of nil-cost options (or in the case of
Anthony Phillips, who is resident in the US, the settlement of a
conditional award) granted under the LTIP on 16 April 2016 which
vested at the end of a three-year period in accordance with the
satisfaction of performance targets set out in the LTIP.
PDMR No. of shares No. of shares No. of shares
acquired under sold retained
the LTIP
Olivier Brousse 364,009 171,428 192,581
---------------- -------------- --------------
Patrick O'D Bourke 241,627 113,793 127,834
---------------- -------------- --------------
Justin Bailey 109,700 82,275 27,425
---------------- -------------- --------------
Romina Dawson-Hall 47,164 47,164 0
---------------- -------------- --------------
Anthony Phillips 104,664 36,266 68,398
---------------- -------------- --------------
Mark Westbrook 33,863 15,948 17,915
---------------- -------------- --------------
The shares sold by Olivier Brousse and Patrick O'D Bourke
related to discharge of the tax liability arising upon the vesting
of the LTIP share award. The balance of the shares acquired under
their awards are subject to a two year post vesting holding
period.
Acquisitions and related disposals under the Deferred Share
Bonus Plan
On 18 April 2019, 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 PDMRs at a price
of 383.20p per share as set out below. The acquisitions and sales
relate to the exercise of the first tranche of the nil-cost options
(or, in the case of Anthony Phillips, the settlement of the first
tranche of a conditional award) granted under the DSBP on 18 April
2018. 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 No. of shares No. of shares
acquired under sold retained
the DSBP
Olivier Brousse 9,881 4,654 5,227
---------------- -------------- --------------
Patrick O'D Bourke 6,019 2,835 3,184
---------------- -------------- --------------
Justin Bailey 2,851 2,851 0
---------------- -------------- --------------
Anthony Phillips 6,742 6,742 0
---------------- -------------- --------------
The shares sold by Olivier Brousse and Patrick O'D Bourke
related to discharge of the tax liability arising upon the vesting
of the DSBP award.
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the exercise of a nil cost option award
under the John Laing Group plc Long-Term
Incentive Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 364,009
Acquisition under LTIP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 16 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 9,881
Acquisition under DSBP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Disposal of ordinary shares acquired
on the settlement of an award under
the John Laing Group plc Long-Term Incentive
Plan 2015. Sufficient sales for tax
liability only.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.989438 171,428
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 17 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.832000 4,654
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Patrick O'Donnell 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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the exercise of a nil cost option award
under the John Laing Group plc Long-Term
Incentive Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 241,627
Acquisition under LTIP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 16 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 6,019
Acquisition under DSBP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Disposal of ordinary shares acquired
on the settlement of an award under
the John Laing Group plc Long-Term Incentive
Plan 2015. Sufficient sales for tax
liability only.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.989438 113,793
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 17 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.832000 2,835
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Justin Bailey
--------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Regional Managing Director - Asia Pacific
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the exercise of a nil cost option award
under the John Laing Group plc Long-Term
Incentive Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 109,700
Acquisition under LTIP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 16 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 2,851
Acquisition under DSBP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Disposal of ordinary shares acquired
on the settlement of an award under
the John Laing Group plc Long-Term Incentive
Plan 2015. Sufficient sales for tax
liability only.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.989438 82,275
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 17 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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 and disposal of balance
of shares.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.832000 2,851
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Romina Dawson-Hall
--------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Group Human Resources 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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the exercise of a nil cost option award
under the John Laing Group plc Long-Term
Incentive Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 47,164
Acquisition under LTIP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 16 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Disposal of ordinary shares acquired
on the settlement of an award under
the John Laing Group plc Long-Term Incentive
Plan 2015. Sufficient sales for tax
liability and disposal of balance of
shares.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.989438 47,164
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 17 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Anthony Phillips
--------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Regional Managing Director - North America
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the vesting of a conditional award under
the John Laing Group plc Long-Term Incentive
Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 104,664
Acquisition under LTIP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 16 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the vesting of a conditional award under
the John Laing Group plc Deferred Share
Bonus Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 6,742
Acquisition under DSBP ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Disposal of ordinary shares acquired
on the settlement of an award under
the John Laing Group plc Long-Term Incentive
Plan 2015. Sufficient sales for tax
liability only.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.989438 36,266
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 17 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
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 and disposal of balance
of shares.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.832000 6,742
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 18 April 2019
--------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------- ----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mark Westbrook
--------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status Chief Risk 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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares upon
the exercise of a nil cost option award
under the John Laing Group plc Long-Term
Incentive Plan 2015.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) ------------
GBP00.0000 33,863
Vesting of Shares - ----------
LTIP
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 16 April 2019
--------------------------------- ----------------------------------------------
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 Ordinary Shares of 10 pence each in
instrument, type of John Laing Group plc
instrument
GB00BVC3CB83
Identification code
--------------------------------- ----------------------------------------------
b) Nature of the transaction Disposal of ordinary shares acquired
on the settlement of an award under
the John Laing Group plc Long-Term Incentive
Plan 2015. Sufficient sales for tax
liability only.
--------------------------------- ----------------------------------------------
Price(s) Volume(s)
c) Price(s) and volume(s) -------------
GBP3.989438 15,948
Disposal of Shares ----------
--------------------------------- ----------------------------------------------
d) Aggregated information
- Aggregated volume N/A (Single Transaction)
- Price
--------------------------------- ----------------------------------------------
e) Date of the transaction 17 April 2019
--------------------------------- ----------------------------------------------
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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