Director/PDMR Shareholding

RNS Number : 7749S

Just Retirement Group PLC

26 September 2014

Just Retirement Group plc

(the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4, the Company hereby notifies the following changes in the interests of directors and persons discharging managerial responsibilities ("PDMRs") in Ordinary Shares of 10p each in the Company ("Shares") on 25 September 2014.

Just Retirement Group plc Long Term Incentive Plan ("LTIP")

Awards under the LTIP were made over Shares, as set out in the table below. Awards were made in the form of nil-cost options at a price of 138.8p per Share, which become exercisable on the third anniversary of the grant date, subject to the satisfaction of performance targets. Options are then exercisable until the tenth anniversary of the grant date, unless the exercise period is shortened in accordance with the LTIP rules.

The price used to calculate the number of LTIP Shares awarded is the average of the mid-market closing price of a Share in the Company on the five consecutive business days immediately preceding the grant on 25 September 2014. For further information on the LTIP, please refer to the IPO Prospectus published on 12 November 2013. Details of the performance targets applicable to the 2014 awards will be included in the Directors' Remuneration Report contained in the Company's Annual Report and Accounts 2014 to be published in early October.

Just Retirement Group plc Deferred Share Bonus Plan ("DSBP")

Awards under the DSBP were made over Shares, as set out in the table below. Awards were made in the form of nil-cost options at a price of 137.9p per Share, which become exercisable on the third anniversary of the grant date. Options are then exercisable until the tenth anniversary of the grant date, unless the exercise period is shortened in accordance with the DSBP rules.

The price used to calculate the number of DSBP Shares awarded is the mid-market closing price of a Share in the Company on the business day immediately preceding the grant on 25 September 2014. For further information on the DSBP, please refer to the IPO Prospectus published on 12 November 2013. Details will also be included in the Directors' Remuneration Report contained in the Company's Annual Report and Accounts 2014 to be published in early October.

Name	Number of Shares subject to LTIP Award	Number of Shares subject to DSBP Award	Lapse Date
Rodney Cook	806,916	128,595	25 September 2024
Simon Thomas	356,628	72,788	25 September 2024
Shayne Deighton	356,628	67,802	25 September 2024