G4S plc: Director/PDMR Shareholding

30 April 2020

G4S PLC

(the “Company”)
Reduction of awards of conditional shares under the Company’s 2020 Long Term Incentive Plan (“LTIP”) to persons discharging managerial responsibilities ('PDMRs')

The Company is providing an update on the level of awards granted under the Company’s 2020 LTIP on 3 April 2020 as announced on 8 April 2020. Having reviewed these grants in the context of current market conditions and in line with a recommendation received from management, the Remuneration Committee has determined to exercise its discretion under the rules of the 2020 LTIP and reduce the number of shares under the 2020 LTIP awards by 25% in order to eliminate the potential for windfall gains.

By making the adjustment upfront participants are provided with clear targets and incentives in order to look beyond the current Covid-19 pandemic and to achieve the demanding LTIP targets.

Resulting changes to the level of conditional awards of ordinary shares under the Company's 2020 LTIP made on 3 April 2020 to two executive directors and eight other PDMRs are set out in the table below:

Name of PDMR/Executive director	Role	Original level of grant under 2020 LTIP on 3 April 2020	Revised level of grant under 2020 LTIP after 25% reduction
Ashley Almanza	Chief Executive Officer	2,569,167	1,926,875
Tim Weller	Chief Financial Officer	1,407,942	1,055,956
Mel Brooks	Regional President – Africa	517,084	387,813
John Kenning	Regional CEO –  Americas	1,083,837	812,878
Graham Levinsohn	Regional CEO – Europe & Middle East	799,738	599,803
Søren Lundsberg-Nielsen	Group General Counsel	580,227	435,170
Jesus Rosano	Divisional CEO –Global Cash Solutions	722,698	542,023
Stephane Verdoy	Group Sales & Marketing Director	439,027	329,270
Sanjay Verma	Regional President – Asia	612,425	459,318
Debbie Walker	Group Corporate Affairs Director	435,795	326,846

Allocations vest after three years and are subject to performance and employment criteria. 

Name of authorised official of issuer responsible for making notification:

Celine Barroche, Company Secretary

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