Director/PDMR Shareholding
Johnson Service Group PLC announced that the LTIP Award 13/12/2025 Vesting element of the buyout awards granted to CFO Ryan Govender on 3 October 2025 has been surrendered and lapsed in full as of 11 December 2025. This lapse, involving 11,076 ordinary shares, is due to confirmation that Mr. Govender's previous employer will honour the legacy incentive that the buyout award was intended to compensate for, rendering the award no longer necessary.
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Further to the Company's announcement, on 3 October 2025, regarding the grant of certain nil-cost option buyout awards to Ryan Govender, the Company's Chief Financial Officer, to compensate him for certain incentive awards forfeited on leaving his previous employer (the "3 October Announcement"), the Company confirms that the LTIP Award 13/12/2025 Vesting (as defined in the 3 October Announcement) element of the buyout awards (which was granted as nil-cost options over 11,076 ordinary shares of 10 pence each in the Company under the Johnson Service Group 2018 Long-Term Incentive Plan) has been surrendered and has therefore lapsed, in full, on and with effect from 11 December 2025.
The surrender and lapse of Ryan's LTIP Award 13/12/2025 Vesting follows confirmation from Ryan that his previous employer will honour the legacy incentive, the forfeiture of which the LTIP Award 13/12/2025 Vesting was intended to compensate. Therefore, the LTIP Award 13/12/2025 Vesting element of the buyout awards is no longer required.
The 3 October Announcement, announcing the grant of certain nil-cost option buyout awards to Ryan Govender, was released on 3 October 2025 under RNS number 0612C.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.