REG - JTC PLC - Director's Share Dealing

JTCAnnouncement

25/09/2023 07:00

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RNS Number : 4219N  JTC PLC  25 September 2023

 

25 September 2023

 

JTC PLC

(the "Company" and together with its subsidiaries "JTC" or the "Group")

 

Director's Share Dealing

 

In accordance with the requirements of Market Abuse Regulation Article 19, JTC
announces it was notified on 22 September 2023 that Martin Fotheringham, Chief
Financial Officer, has sold 100,000 shares of 0.01 pence each in the capital
of the Company ("Ordinary Shares") at an aggregate price of £7.505 per
Ordinary Share.

 

This sale of Ordinary Shares is to meet costs associated with the extension
and redevelopment of a private residence for Mr Fotheringham and his family.
Mr. Fotheringham remains fully committed to the business and, in keeping with
JTC's ethos of shared ownership among all employees, retains a shareholding in
the Company significantly in excess of the requirement for Executive Directors
to maintain a minimum shareholding equivalent to 150% of their base salary.

Following the transactions Mr. Fotheringham's shareholding in the Company is
738,931 Ordinary Shares, representing approximately 0.44643% of the Issued
Share Capital.

Details of the share sale are set out below:

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Martin Fotheringham
 2   Reason for the notification
 a)  Position/Status:                          Chief Financial Officer
 b)  Initial Notification/Amendment:           Initial Notification
 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     JTC PLC
 b)  LEI:                                      213800DVUG4KLF2ASK33
 4.  Details of 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:  Ordinary Shares of £0.01 each

     Identification code:                      JE00BF4X3P53
 b)  Nature of the transaction:                Sale of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     (i) 750.0p                                                            (i) 50,000

     (ii) 751.0p                                                           (ii) 50,000

 d)  Aggregated volume:                        100,000

     Price:

                                               750.5p

 e)  Date of the Transaction:                  (i)         22 September 2023

                                               (ii)         22 September 2023

 f)  Place of the Transaction:                 London Stock Exchange - XLON

 

For further information please contact:

 

Miranda Lansdowne

JTC (Jersey) Limited

Company Secretary

+44 1534 700 000

Miranda.Lansdowne@jtcgroup.com

 

 

About JTC

 

JTC is a publicly listed, global professional services business with deep
expertise in fund, corporate and private client services. Every JTC person is
an owner of the business and this fundamental part of our culture aligns us
with the best interests of all our stakeholders. Our purpose is to maximize
potential and our success is built on service excellence, long-term
relationships and technology capabilities that drive efficiency and add value.

 

www.jtcgroup.com (http://www.jtcgroup.com)

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