JUST GROUP PLC Annual Report and Accounts 2020
96
Directors’ Report continued
The Company does not have any agreements with any Non-Executive Director, Executive Director or employee that would provide compensation for loss of office or employment resulting from a change of control. Financial instruments Derivatives are used to manage the Group’s capital position which entails a surplus of long dated fixed interest assets when liabilities are measured on a realistic basis. Details of these derivatives are contained in note 28 to the financial statements. Disclosure with respect to financial risk is included on pages 34 to 37 of the Strategic Report and in note 34 to the financial statements. Political contributions No political contributions were made, or political expenditure incurred, by the Company and its subsidiaries during the year (2019: £nil). POST BALANCE SHEET EVENTS 4,294 ordinary shares of 10 pence were allotted out of the block listing in respect of exercises of share options under the Group SAYE share scheme. The Directors’ Report has been approved by the Board and is signed on its behalf by:
SIMON WATSON Group Company Secretary 15 March 2021
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