Notification of Directors' Interest in Shares
LTIP awards granted to CEO and CFO under 2021 Long Term Incentive Plan.
- Shares awarded to Jean Vernet (CEO) 343,774
- Shares awarded to Karen Hayzen-Smith (CFO) 190,206
- Vesting period 3 years
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On 1 May 2025, awards over ordinary shares of 25p each in James Fisher and Sons plc (the "Company") were made to the Executive Directors of the Company under the James Fisher and Sons plc 2021 Long Term Incentive Plan, as follows:
| PDMR | Number of shares under award |
|---|---|
| Jean Vernet | 343,774 |
| Karen Hayzen-Smith | 190,206 |
The James Fisher and Sons plc 2021 Long Term Incentive Plan awards are structured as conditional awards and will ordinarily vest on the third anniversary of the date of grant, subject to the achievement of performance conditions set by the Remuneration Committee of the Company and as detailed on page 118 of the 2024 Annual Report and Accounts. The Remuneration Committee retains the discretion to adjust the awards at vesting to ensure that all relevant factors are taken into account, including the consideration of any windfall gains.
A two-year post-vesting holding period will apply to these awards.
Details of the full notifications received by the Company are set out below.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Jean Vernet |
| 2 | Reason for Notification | |
| a) | Position/status | Chief Executive Officer |
| b) | Initial notification/Amendment | Initial Announcement |
| a) | Name | James Fisher and Sons plc |
| b) | LEI | 213800J975E5OYR6S216 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25 pence each in James Fisher and Sons plc GB0003395000 |
| b) | Nature of the transaction | Grant of a conditional award under the James Fisher and Sons plc 2021 Long Term Incentive Plan. The award will ordinarily vest three years from the date of grant. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 343,774 |
| d) | Aggregated information - Aggregated volume - Price | 343,774 |
| e) | Date of the transaction | 1 May 2025 |
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Karen Hayzen-Smith |
| 2 | Reason for Notification | |
| a) | Position/status | Chief Financial Officer |
| b) | Initial notification/Amendment | Initial Announcement |
| a) | Name | James Fisher and Sons plc |
| b) | LEI | 213800J975E5OYR6S216 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25 pence each in James Fisher and Sons plc GB0003395000 |
| b) | Nature of the transaction | Grant of a conditional award under the James Fisher and Sons plc 2021 Long Term Incentive Plan. The award will ordinarily vest three years from the date of grant. |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 190,206 |
| d) | Aggregated information - Aggregated volume - Price | 190,206 |
| e) | Date of the transaction | 1 May 2025 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.