Director/PDMR Shareholding
JOHNSON MATTHEY PLC
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Liam Condon
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70
b)
Nature of the transaction
Share award under the Johnson Matthey 2026-2029 Performance Share Plan. The award is subject to performance conditions over a three year period. Subject to performance conditions being met, shares will vest on the third anniversary of the date of the award.
c)
Price(s) and volume(s)
The reference share price is £21.0167 which is calculated using the average of the daily closing mid-market price on each dealing day over the four week period starting 28 May 2026 and ending 25 June 2026.
Price(s)
Volume(s)
£21.0167
125,950
d)
Aggregated information
- Aggregated volume
- Price
125,950
£21.0167
e)
Date of the transaction
3 August 2026
f)
Place of the transaction
Outside a trading venue
5
The awards are subject to the following performance conditions over the three-year performance period:
Measure
Weighting
Maximum
b)
Earnings per Share (EPS)
40%
Annualised EPS growth of 1% per annum will result in 15% vesting (threshold), increasing on a straight-line basis to 7% per annum for 100% vesting (maximum). In line with the Company's historical approach, earnings will be assessed 50% against actual metal prices and 50% against constant metal prices.
c)
Return on Capital Employed (ROCE)
40%
ROCE will be measured based on performance for the financial year ending 31 March 2029. Threshold vesting (25%) requires 15% ROCE, increasing on a straight-line basis to 20% ROCE for 100% vesting.
d)
Sustainability measures
20%
The sustainability element comprises three equally weighted strategic objectives. Details of the measures are set out below. Threshold vesting is 25%, increasing on a straight-line basis to 100% at maximum.
5.1
Sustainability Measures
Strategic objective
Weighting
(of overall award)Threshold
Maximum
a)
Safety - reduction in TRIIR and ICCA (measured by FY29 outcomes)
6.7%
TRIIR: 0.35
ICCA: 0.5
TRIIR: 0.25
ICCA: 0.4
b)
Reduction in Scope 1 and 2 GHG emissions (from FY20 baseline)
6.7%
62%
65%
c)
Female representation across management levels (Global Grade 12 and above)
6.7%
34%
38%
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alastair Judge
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70
b)
Nature of the transaction
Share award under the Johnson Matthey 2026-2029 Performance Share Plan. The award is subject to performance conditions over a three year period. Subject to performance conditions being met, shares will vest on the third anniversary of the date of the award.
c)
Price(s) and volume(s)
The reference share price is £21.0167 which is calculated using the average of the daily closing mid-market price on each dealing day over the four week period starting 28 May 2026 and ending 25 June 2026.
Price(s)
Volume(s)
£21.0167
47,581
d)
Aggregated information
- Aggregated volume
- Price
47,581
£21.0167
e)
Date of the transaction
3 August 2026
f)
Place of the transaction
Outside a trading venue
5
The awards are subject to the following performance conditions over the three-year performance period:
Measure
Weighting
Maximum
b)
Earnings per Share (EPS)
40%
Annualised EPS growth of 1% per annum will result in 15% vesting (threshold), increasing on a straight-line basis to 7% per annum for 100% vesting (maximum). In line with the Company's historical approach, earnings will be assessed 50% against actual metal prices and 50% against constant metal prices.
c)
Return on Capital Employed (ROCE)
40%
ROCE will be measured based on performance for the financial year ending 31 March 2029. Threshold vesting (25%) requires 15% ROCE, increasing on a straight-line basis to 20% ROCE for 100% vesting.
d)
Sustainability measures
20%
The sustainability element comprises three equally weighted strategic objectives. Details of the measures are set out below. Threshold vesting is 25%, increasing on a straight-line basis to 100% at maximum.
5.1
Sustainability Measures
Strategic objective
Weighting
(of overall award)Threshold
Maximum
a)
Safety - reduction in TRIIR and ICCA (measured by FY29 outcomes)
6.7%
TRIIR: 0.35
ICCA: 0.5
TRIIR: 0.25
ICCA: 0.4
b)
Reduction in Scope 1 and 2 GHG emissions (from FY20 baseline)
6.7%
62%
65%
c)
Female representation across management levels (Global Grade 12 and above)
6.7%
34%
38%
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Pike
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70
b)
Nature of the transaction
Share award under the Johnson Matthey 2026-2029 Performance Share Plan. The award is subject to performance conditions over a three year period. Subject to performance conditions being met, shares will vest on the third anniversary of the date of the award.
c)
Price(s) and volume(s)
The reference share price is £21.0167 which is calculated using the average of the daily closing mid-market price on each dealing day over the four week period starting 28 May 2026 and ending 25 June 2026.
Price(s)
Volume(s)
£21.0167
71,371
d)
Aggregated information
- Aggregated volume
- Price
71,371
£21.0167
e)
Date of the transaction
3 August 2026
f)
Place of the transaction
Outside a trading venue
5
The awards are subject to the following performance conditions over the three-year performance period:
Measure
Weighting
Maximum
b)
Earnings per Share (EPS)
40%
Annualised EPS growth of 1% per annum will result in 15% vesting (threshold), increasing on a straight-line basis to 7% per annum for 100% vesting (maximum). In line with the Company's historical approach, earnings will be assessed 50% against actual metal prices and 50% against constant metal prices.
c)
Return on Capital Employed (ROCE)
40%
ROCE will be measured based on performance for the financial year ending 31 March 2029. Threshold vesting (25%) requires 15% ROCE, increasing on a straight-line basis to 20% ROCE for 100% vesting.
d)
Sustainability measures
20%
The sustainability element comprises three equally weighted strategic objectives. Details of the measures are set out below. Threshold vesting is 25%, increasing on a straight-line basis to 100% at maximum.
5.1
Sustainability Measures
Strategic objective
Weighting
(of overall award)Threshold
Maximum
a)
Safety - reduction in TRIIR and ICCA (measured by FY29 outcomes)
6.7%
TRIIR: 0.35
ICCA: 0.5
TRIIR: 0.25
ICCA: 0.4
b)
Reduction in Scope 1 and 2 GHG emissions (from FY20 baseline)
6.7%
62%
65%
c)
Female representation across management levels (Global Grade 12 and above)
6.7%
34%
38%
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Liam Condon
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70
b)
Nature of the transaction
Share award under the Johnson Matthey Deferred Bonus Plan. Shares are deferred for a three year period.
c)
Price(s) and volume(s)
The reference share price is £21.0167 which is calculated using the average of the daily closing mid-market price on each dealing day over the four week period starting 28 May 2026 and ending 25 June 2026.
Price(s)
Volume(s)
£21.0167
23,623
d)
Aggregated information
- Aggregated volume
- Price
23,623
£21.0167
e)
Date of the transaction
3 August 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alastair Judge
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70
b)
Nature of the transaction
Share award under the Johnson Matthey Deferred Bonus Plan. Shares are deferred for a three year period.
c)
Price(s) and volume(s)
The reference share price is £21.0167 which is calculated using the average of the daily closing mid-market price on each dealing day over the four week period starting 28 May 2026 and ending 25 June 2026.
Price(s)
Volume(s)
£21.0167
5,830
d)
Aggregated information
- Aggregated volume
- Price
5,830
£21.0167
e)
Date of the transaction
3 August 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Pike
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70
b)
Nature of the transaction
Share award under the Johnson Matthey Deferred Bonus Plan. Shares are deferred for a three year period.
c)
Price(s) and volume(s)
The reference share price is £21.0167 which is calculated using the average of the daily closing mid-market price on each dealing day over the four week period starting 28 May 2026 and ending 25 June 2026.
Price(s)
Volume(s)
£21.0167
11,913
d)
Aggregated information
- Aggregated volume
- Price
11,913
£21.0167
e)
Date of the transaction
3 August 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Liam Condon
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70b)
Nature of the transaction
Vesting of shares under the Johnson Matthey Performance Share Plan (shares awarded in August 2023) and subsequent sale/retention of vested shares.
Number of vested shares: 15,779
Number of vested shares sold to cover tax liabilities: 7,435
Number of vested shares retained: 8,344
The information below relates to the sale of the vested shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£19.775611
7,435
d)
Aggregated information
- Aggregated volume
- Price
7,435
£19.775611e)
Date of the transaction
4 August 2026
f)
Place of the transaction
LONDON STOCK EXCHANGE (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alastair Judge
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70b)
Nature of the transaction
Vesting of shares under the Johnson Matthey Performance Share Plan (shares awarded in August 2023) and subsequent sale/retention of vested shares.
Number of vested shares: 3,370
Number of vested shares sold to cover tax liabilities: 1,588
Number of vested shares retained: 1,782
The information below relates to the sale of the vested shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£19.775611
1,588
d)
Aggregated information
- Aggregated volume
- Price
1,588
£19.775611e)
Date of the transaction
4 August 2026
f)
Place of the transaction
LONDON STOCK EXCHANGE (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Liam Condon
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70b)
Nature of the transaction
Vesting of shares under the Johnson Matthey Deferred Bonus Plan shares awarded in August 2023 and subsequent sale/retention of vested shares.
Number of vested shares: 41,468
Number of vested shares sold to cover tax liabilities: 19,539
Number of vested shares retained: 21,929
The information below relates to the sale of the vested shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£19.775611
19,539
d)
Aggregated information
- Aggregated volume
- Price
19,539
£19.775611
e)
Date of the transaction
4 August 2026
f)
Place of the transaction
LONDON STOCK EXCHANGE (XLON)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alastair Judge
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification / amendment
Initial notification
3
Details of the issuer
a)
Name
Johnson Matthey Plc
b)
LEI
2138001AVBSD1HSC6Z10
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 110 49/53 pence each
GB00BZ4BQC70b)
Nature of the transaction
Vesting of shares under the Johnson Matthey Deferred Bonus Plan shares awarded in August 2023 and subsequent sale/retention of vested shares.
Number of vested shares: 4,583
Number of vested shares sold to cover tax liabilities: 2,160
Number of vested shares retained: 2,423
The information below relates to the sale of the vested shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£19.775611
2,160
d)
Aggregated information
- Aggregated volume
- Price
2,160
£19.775611
e)
Date of the transaction
4 August 2026
f)
Place of the transaction
LONDON STOCK EXCHANGE (XLON)
Johnson Matthey Plc is listed on the London Stock Exchange (JMAT)
Registered in England & Wales number: 0003314144
Legal Entity Identifier number: 2138001AVBSD1HSC6Z10
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