Director/PDMR Shareholding

RNS Number : 8723J

Just Group PLC

04 April 2018

4 April 2018

Just Group plc

(the "Company")

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

The following notification is made in accordance with Article 19.3 of the Market Abuse Regulation. 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 29 March 2018.

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 135p per share, which become exercisable on the third anniversary of the grant date. Options are then exercisable until the 10th 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 29 March 2018. For further information on the DSBP, please refer to the IPO Prospectus published on 12 November 2013.

Name	Number of Shares subject to DSBP Award	Lapse Date
Rodney Cook	228,703	29 March 2028
David Richardson	154,135	29 March 2028
Simon Thomas	133,703	29 March 2028

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 133.60p 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 10th anniversary of the grant date, unless the exercise period is shortened in accordance with the LTIP rules.

Details of the performance targets applicable to the 2018 awards will be included in the Directors' Remuneration Report contained in the Company's Annual Report and Accounts 2018 to be published in 2019.

Name	Number of Shares subject to LTIP Award	Lapse Date
Rodney Cook	998,502	29 March 2028
David Richardson	520,958	29 March 2028
Simon Thomas	437,874	29 March 2028