Director/PDMR Shareholding

Just

19/03/2026 11:00

RNS Number : 3439X

Just Group PLC

19 March 2026

 

Just Group plc (the "Company")

 

Grant of Awards under the Just Group plc Long Term Incentive Plan (the "LTIP")

Name
Date of Grant
Performance Award Number of Shares
Vesting Date
David Richardson
18 March 2026
855,564*
18 March 2029
Mark Godson
18 March 2026
390,322*
18 March 2029

 

The above awards were granted as nil cost options which are subject to the achievement of the performance targets in the table below over the three-year performance period.

PERFORMANCE MEASURE/RATIONALE
WEIGHTING
THRESHOLD
(25% VEST)
MAXIMUM
(100% VEST)
Cash Generation
15%
£439m
£514m
Tangible Net Asset Value
25%
£3,1bn
£3.7bn
Return on Equity
45%
27%
34.3%
Diversity and inclusion: gender and multi-ethnicity mix in senior leadership
15%
(split equally)
Gender 40%
Ethnically Diverse 18%
Gender 42%
Ethnically Diverse 21%

 

*The vested shares will be subject to a two-year holding period following the end of the performance period.

** These awards under the Long Term Incentive Plan have been granted on terms that they will lapse on completion of the acquisition of Just Group plc by BWS Holdings Ltd ("Bidder") and will be replaced by an award under the Bidder's incentive arrangements.

 

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
David Richardson
2
Reason for the notification
a)
Position/status
Group Chief Executive Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Just Group plc
b)
LEI
5493006456YEZEELRR90
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
Ordinary Shares of 10 pence each
Identification code
GB00BCRX1J15
b)
Nature of the transaction
Receipt of an award as nil cost option under the Just Group plc Long Term Incentive Plan to vest on 18 March 2029 subject to the achievement of performance targets.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(i)
£NIL
855,564
d)
Aggregated information
- Aggregated volume
- Price
-855,564
 -NIL
e)
Date of the transaction
18 March 2026
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mark Godson
2
Reason for the notification
a)
Position/status
Group Chief Financial Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Just Group plc
b)
LEI
5493006456YEZEELRR90
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
Ordinary Shares of 10 pence each
Identification code
GB00BCRX1J15
b)
Nature of the transaction
Receipt of an award as nil cost option under the Just Group plc Long Term Incentive Plan to vest on 18 March 2029 subject to the achievement of performance targets.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
(i)
£NIL
390,322
d)
Aggregated information
- Aggregated volume
- Price
-390,322
 -NIL
e)
Date of the transaction
18 March 2026
f)
Place of the transaction
Outside a trading venue

 

Contact

Simon Watson, Group Company Secretary, +44 (0)20 7444 8400

 

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