JSG Johnson Service Group Plc

 

TIDMJSG 
 
RNS Number : 4136V 
Johnson Service Group PLC 
09 July 2009 
 
Date: 9 July 2009 
 
 
Johnson Service Group PLC 
 
 
Ordinary shares of 10p each 
 
 
Johnson Service Group PLC ('the Company') announces that on 8 July 2009, the 
PDMRs listed in the table below, having agreed to amend the terms of the 
unapproved share options awarded to them on 8 July 2008 under the Johnson 
Service Group PLC Discretionary Unapproved Share Option Plan ("the existing 
Unapproved Options"), were granted options in the UK over ordinary shares in the 
Company with an exercise price of 13p under the Johnson Service Group 
PLC Discretionary Approved Share Option Plan ("the Approved CSOP Options"). 
 
 
The granting of the Approved CSOP Options will have no additional cost 
implications to the Company.  The performance conditions attached to the 
Approved CSOP options are the same as those attached to the existing Unapproved 
Options. 
 
 
The Approved CSOP Options are linked to the existing Unapproved Options. The 
Approved CSOP Options have been granted to allow, where possible, the PDMR to 
receive part of the gain which may be received on his existing Unapproved 
Options tax efficiently and for the Company to make national insurance 
contribution savings. The PDMR will receive the same gross gain he would have 
received had he only been granted the existing Unapproved Options and not been 
granted the linked Approved CSOP Option. At the time of exercise, to the extent 
that there is a gain on the Approved CSOP options, the existing 
Unapproved Options will be forfeited to the same value. 
 
 
Pursuant to DR 3.1.4 and following notifications received on 8 July in 
fulfilment of the obligations imposed by DR 3.1.2, we hereby announce that the 
following awards have been granted to PDMRs. 
 
 
+-------------+----------------------+-----------+------------+---------------+ 
| PDMR        | Plan                 | Award of  | Existing   | Total Number  | 
|             |                      | Options   | Unapproved | of Shares     | 
|             |                      | on 8 July | Options    | over which    | 
|             |                      | 2009      |            | awards now    | 
|             |                      |           |            | held          | 
+-------------+----------------------+-----------+------------+---------------+ 
| Christopher |   Unapproved CSOP    |  230,769  | 1,750,000  |  1,980,769    | 
| Sander      |    Approved CSOP     |           |            |               | 
+-------------+----------------------+-----------+------------+---------------+ 
| Paul Ogle   |   Unapproved CSOP    |  230,769  | 1,300,000  |  1,530,769    | 
|             |    Approved CSOP     |           |            |               | 
+-------------+----------------------+-----------+------------+---------------+ 
 
 
 
 
Yvonne Monaghan 
Company Secretary 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 RDSBBGDRLSGGGCC 
 

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