Director/PDMR Shareholding

Just Group PLC

30 March 2026

 

Just Group plc

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

On 31 July 2025, the boards of Just Group plc (the "Company") and BWS Holdings Ltd. ("BWS") announced that they had reached agreement on the terms of a recommended cash acquisition for the entire issued, and to be issued, ordinary share capital of Just (the "Acquisition"). The scheme document was published on 26 August 2026.

The Acquisition was approved at a Court Sanction hearing held on 27 March 2026, with the scheme of arrangement expected to become effective on 1 April 2026.

As a result of the Court sanctioning the scheme of arrangement, outstanding options over ordinary shares in the capital of the Company of £0.10 each granted under the Company's Long Term Incentive Plan ("LTIP"), Deferred Share Bonus Plan ("DBSP") and Sharesave Scheme ("Sharesave") vested and were exercised by Persons Discharging Managerial Responsibility ("PDMRs").

The treatment of the LTIP, DSBP and Sharesave options in the event of the Acquisition being approved by the Court was set out in a Co-operation Agreement agreed between the Company and BWS dated 31 July 2025.

The below notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Richardson
2	Reason for the notification
a)	Position/status	Group 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	Just Group plc
b)	LEI	5493006456YEZEELRR90
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	Ordinary Shares of 10 pence each
	Identification code	GB00BCRX1J15
b)	Nature of the transaction	Vesting and exercise of nil cost options granted under the Just Group plc Long Term Incentive Plan on 23 March 2023, 28 March 2024 and 31 March 2025.
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
			(i)	£NIL	3,573,627
d)	Aggregated information
	- Aggregated volume - Price	- 3,573,627 -NIL
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Godson
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Just Group plc
b)	LEI	5493006456YEZEELRR90
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	Ordinary Shares of 10 pence each
	Identification code	GB00BCRX1J15
b)	Nature of the transaction	Vesting and exercise of nil cost options granted under the Just Group plc Long Term Incentive Plan on 28 March 2024 and 31 March 2025.
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
			(i)	£NIL	869,034
d)	Aggregated information
	- Aggregated volume - Price	- 869,034 -NIL
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Richardson
2	Reason for the notification
a)	Position/status	Group 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	Just Group plc
b)	LEI	5493006456YEZEELRR90
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	Ordinary Shares of 10 pence each
	Identification code	GB00BCRX1J15
b)	Nature of the transaction	Vesting and exercise of nil cost options granted under the Just Group plc Deferred Share Bonus Plan on 23 March 2023.
c)	Price(s) and volume(s)
				Price(s)	Volume(s)
			(i)	£NIL	325,475
d)	Aggregated information
	- Aggregated volume - Price	- 325,475 -NIL
e)	Date of the transaction	27 March 2026
f)	Place of the transaction	Outside a trading venue

Contact

Simon Watson, Group Company Secretary, [phone]

 

END