Director/PDMR Share Dealing

24 February 2020

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

PS, a leading multi-sector global professional services firm, announces that on 19 February 2020 John Douglas - Chief Executive Officer purchased 33,531 ordinary shares at £1.48 per share and on 20 February 2020 he purchased 67,520 ordinary shares at £1.47 per share. Mr Douglas now holds 100,852 shares through Rokahesu Pty Ltd (ATF The Douglas Family Trust) and a further 528,553 ordinary shares in his own account.

In addition, on 24 February 2020 an award of 78,456 shares as nil cost options were made to John Douglas under the RPS Group Plc Short Term Annual Bonus Plan (the "Plan"). The number of shares to constitute these awards was also calculated by reference to the average of the Company's closing share price over the period 19-21 February 2020. These awards relate to John Douglas deferring all of his bonus in full, in respect of the year-ended 31 December 2019 and subject to the rules of the Plan will be exercisable in three years' time.

RPS also announces that on 24 February 2020 an award of 533,539 ordinary shares was made to John Douglas under the Executive Long Term Incentive Plan ("ELTIP") as a nil cost option and a further award of 214,334 ordinary shares was made to Judith Cottrell under the ELTIP as a nil cost option. The number of shares to constitute these awards was calculated by reference to the average of the Company's closing share price over the period 19-21 February 2020. The options will be exercisable in three years' time subject to the rules of the ELTIP and to performance conditions relating to total shareholder return, growth in earnings per share and cash collection. Details of the awards are set out in the Notification of Dealing Forms found below.

Further details are set out in the Notification of Dealing Forms below.

This notification is made in accordance with the Market Abuse Directive.

1 Details of the person discharging managerial responsibilities/person closely associated
a) Name John Matheson Douglas
2 Reason for the notification
a) Position/status 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 RPS Group Plc
b) LEI 213800BHEVF3ZB6NG750
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 Identification code Ordinary shares of 3p each in RPS Group Plc

GB0007594764
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.48 33,351
£1.47  67,520
d) Aggregated information
-Aggregated volume
- Price
N/A
e) Date of the transaction

19 February 2020

20 February 2020

f) Place of the transaction London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

John Douglas

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

RPS Group Plc

b)

LEI

213800BHEVF3ZB6NG750

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

 

Identification code

Nil cost share option in respect of ordinary shares of 3p each

 

 

GB0007594764

b)

Nature of the transaction

Award of a nil cost option over ordinary shares under the RPS Group Plc Short Term Annual Bonus Plan by way of deferral of bonus

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

78,456

 

d)

Aggregated information

-

Aggregated volume

 

-

Price

 

N/A

 

e)

Date of the transaction

24 February 2020

f)

Place of the transaction

Outside a Trading Venue

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

John Douglas

2

Reason for the notification

a)

Position/status

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

RPS Group Plc

b)

LEI

213800BHEVF3ZB6NG750

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

 

Identification code

Nil cost share option in respect of ordinary shares of 3p each

 

 

GB0007594764

b)

Nature of the transaction

Award of a nil cost option over ordinary shares under the RPS Group Plc Executive Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

533,539

 

d)

Aggregated information

-

Aggregated volume

 

-

Price

 

N/A

 

e)

Date of the transaction

24 February 2020

f)

Place of the transaction

Outside a Trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Judith Cottrell

2

Reason for the notification

a)

Position/status

Group Strategy Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

RPS Group Plc

b)

LEI

213800BHEVF3ZB6NG750

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

 

Identification code

Nil cost share option in respect of ordinary shares of 3p each

 

 

GB0007594764

b)

Nature of the transaction

Award of a nil cost option over ordinary shares under the RPS Group Plc Executive Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

214,334

 

d)

Aggregated information

-

Aggregated volume

 

-

Price

 

N/A

 

e)

Date of the transaction

24 February 2020

f)

Place of the transaction

Outside a Trading venue