James Fisher and Sons plc has announced the award of restricted share awards to two persons discharging managerial responsibilities (PDMRs) under the James Fisher and Sons 2021 Long Term Incentive Plan. Jean Vernet, the Chief Executive Officer, was awarded 324,835 shares, while Karen Hayzen-Smith, the Chief Financial Officer, was awarded 179,728 shares. The awards were made on 10 June 2024 and are structured as restricted share awards, with no consideration paid for the grant.

These awards will typically vest on 10 June 2027, subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. Additionally, a two-year post-vesting holding period will apply to these awards, in line with the Remuneration Policy approved by shareholders at the 2024 Annual General Meeting. The Remuneration Committee retains the discretion to adjust the awards at vesting to ensure that all relevant factors are taken into account, including the consideration of any windfall gains.

The notification of these awards is made in accordance with the requirements of the Market Abuse Regulation. The details of the transactions, including the names of the PDMRs, the nature of the transactions, and the date of the transactions, have been provided in the announcement.

For further information, interested parties can contact James Fisher and Sons plc.

This notification provides insight into the company's long-term incentive plan and the awards granted to key personnel, aligning their interests with the long-term performance of the company.