JLG Group Plc: Suspension of Trading and Resignation of Director

Vienna (pta051/15.12.2021/19:40 UTC+1) JLG Group PLC (the "Company") Wiener Borse Announcement

Suspension of Trading and Resignation of Director 15 December 2021

Suspension of Trading and Resignation of Director

The Company, together with the wider JLG group of companies (the "Group"),is experiencing liquidity issues which have been triggered in part by the COVID-19 pandemic and the resultant impact on underlying borrowers. In efforts to address these issues and ensure the continued operation of the Group as a going concern, the Group is engaging with its key stakeholders to formulate an appropriate restructuring solution to address both near- and medium- term difficulties. Accordingly, to allow the Group breathing space whilst it works with its creditors to develop and implement a restructuring solution, the Company is proposing to enter into a standstill agreement with its key stakeholders and the Directors of the Company have requested the suspension of trading of the shares of the company pending completion of the restructuring.

Following his ill health over the summer and in order to reduce his number of responsibilities and duties, Robert Boot has retired from the JLG Board of Directors. He will however remain an employee of the business and continue to support various aspects of the business and its stakeholders.

The Directors of the Company accept responsibility for the contents of this announcement.

FOR FURTHER INFORMATION PLEASE CONTACT:

JLG Group PLC
Email:info@thejust-group.com

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Emitter:	JLG Group Plc 1 Charterhouse Mews EC1M 6BB London United Kingdom
Contact Person:	Robert Boot
Phone:	+44 7770456978
E-Mail:	rboot@thejust-group.com
Website:	www.thejust-group.com
ISIN(s):	GB00BYX60J11 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Vienna MTF)