Director/PDMR Shareholding

RNS Number : 2799W

JRP Group PLC

25 April 2016

JRP 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 21 April 2016.

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 136.13p 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 three consecutive business days immediately preceding the grant on 21 April 2016. 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 2016 awards will be included in the Directors' Remuneration Report contained in the Company's Annual Report and Accounts 2016 to be published in early April 2017.

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 140.0p 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 21 April 2016. 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 2016 to be published in early April 2017.

Name	Number of Shares subject to LTIP Award	Number of Shares subject to DSBP Award	Lapse Date
Rodney Cook	852,126	99,201	21 April 2026
David Richardson	482,075	119,285	21 April 2026
Simon Thomas	374,641	55,091	21 April 2026