Joules Group plc Director/PDMR Share Dealing (7113V)
11 August 2020 - 4:00PM
UK Regulatory
TIDMJOUL
RNS Number : 7113V
Joules Group plc
11 August 2020
Joules Group plc
("Joules" or the "Company")
Director/PDMR Share Dealing
The Company announces that on 10 August 2020, Marc Dench, Chief
Financial Officer, exercised his 2017 Deferred Bonus Award and
subsequently sold sufficient ordinary shares of 1p each in the
capital of the Company ("Ordinary Shares") to cover the tax and
option price, retaining the remainder of the shares.
Following the announcement of the Company's results for its
financial year ended May 2017, the Executive Directors received
their annual bonus. In line with the Company's Remuneration Policy,
50% of this bonus was deferred into share options with a three-year
vesting period. Accordingly, on 17 August 2017, the Company granted
awards to Directors (including Marc Dench) under the Joules 2016
Deferred Bonus Plan. These awards have now vested.
Director Ordinary Shares held Options exercised Ordinary Shares sold Ordinary Shares held Holding % ISC
previously to cover tax and post option exercise
exercise price
Marc Dench 281,398 54,142 26,334 309,206 0.29%
---------------------- ------------------ --------------------- --------------------- --------------
Note: Marc Dench also holds 106,065 options over Ordinary
Shares, held under the Joules 2016 Deferred Bonus Plan, and 260,614
options over Ordinary Shares, held under the Joules 2016 Long Term
Incentive Plan.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Marc Dench
---------------------------------
2. Reason for the notification
---------------------------------
a) Position/status CFO
---------------------------------
b) Initial notification / Amendment Initial notification
---------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Joules Group plc
---------------------------------
b) LEI 213800BNGLSIPD111Y68
---------------------------------
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 1p each
instrument, type of instrument in the capital of Joules
Group plc ("Ordinary Shares")
---------------------------------
b) Identification code ISIN GB00BZ059357
---------------------------------
c) Nature of the transaction Exercise of options
---------------------------------
d) Price(s) and volume(s)
Volume: 54,142
Price: 1p
---------------------------------
e) Aggregated information: Aggregate volume: n/a
i. Aggregated volume
ii. price Price(s): n/a
---------------------------------
f) Date of the transaction 2020-08-10
---------------------------------
g) Place of the transaction Outside a trading venue
---------------------------------
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Marc Dench
------------------------------
2. Reason for the notification
------------------------------
a) Position/status CFO
------------------------------
b) Initial notification / Amendment Initial notification
------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Joules Group plc
------------------------------
b) LEI 213800BNGLSIPD111Y68
------------------------------
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 1p each
instrument, type of instrument in the capital of Joules
Group plc
------------------------------
b) Identification code ISIN GB00BZ059357
------------------------------
c) Nature of the transaction Sale of shares following
exercise of options
------------------------------
d) Price(s) and volume(s)
Volume: 26,334
Price: 92.95p
------------------------------
e) Aggregated information: Aggregate volume: N/a
i. Aggregated volume
ii. price Price(s): N/a
------------------------------
f) Date of the transaction 2020-08-10
------------------------------
g) Place of the transaction London Stock Exchange
------------------------------
Enquiries:
Joules Group plc Telephone: +44 (0) 1858 435 255
Nick Jones, CEO
Marc Dench, CFO
Peel Hunt LLP (NOMAD and Joint Broker) Telephone: +44 (0) 20 7418 8900
George Sellar
Andrew Clark
Liberum Capital Limited (Joint Broker) Telephone: +44 (0) 20 3100 2000
John Fishley
Edward Thomas
Hudson Sandler (Financial PR) Telephone: +44 (0) 20 7796 4133
Alex Brennan
Lucy Wollam
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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