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LONDON (Alliance News) - Johnson Service Group PLC Friday said Chairman John Talbot exercised options under the Company's 2009 Long Term Incentive Plan over 5 million shares and subsequently sold 3 million shares at a price of 55.0 pence per share, in a deal worth GBP1.65 million Thursday.
Following this transaction, John Talbot has a beneficial interest in 8.2 million shares, representing 2.73% of the company's total issued share capital.
The company also said, Chief Executive Christopher Sander exercised options under the Company's 2009 LTIP and the 2009 Long Term Incentive Plan Approved Section over 1.3 million shares and 97,560 shares respectively and subsequently sold 1.1 million shares at the same price. Following this transaction, Christopher Sander retains a beneficial interest in 525,930 shares, representing 0.18% of the company's total issued share capital Thursday.
Furthermore, Chief Financial Officer Yvonne Monaghan exercised options under the 2009 LTIP and the 2009 Approved LTIP over 1.6 million hares and 97,560 shares respectively and subsequently sold 1.1 million shares at the same price. Following this transaction, Yvonne Monaghan retains a beneficial interest in 764,086 shares, representing 0.26% of the total issued share capital Thursday.
Shares in the textiles company were trading at 57.00 pence down 2.2% Friday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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