Director/PDMR Shareholding

RNS Number : 3505G

Bellway PLC

14 November 2022

 

BELLWAY p.l.c. ('the Company')

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

14 NOVEMBER 2022

The Company was informed that on 11 November 2022, the following directors were granted awards in respect of ordinary shares in the Company, under the terms of the Bellway p.l.c. (2013) Performance Share Plan as follows:

	Number of ordinary shares over which an award was granted
J M Honeyman	64,901
K D Adey	39,604

The awards are to be held in the Bellway Employee Share Trust (1992) ('the Trust') until at least 11 November 2025.  The awards will attract dividend accrual shares and any vested shares which are not sold to pay income tax and national insurance liabilities will be subject to a two year post vesting holding period.

The awards are maximum awards and the degree to which they vest depends on performance targets measured over a three year period ('the performance period').  The performance period to be used commenced on 1 August 2022 and ends on 31 July 2025.

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jason Michael Honeyman
2	Reason for the notification
a)	Position/status	Group Chief Executive
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bellway p.l.c.
b)	LEI	213800CY4L3HST4FGZ98
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 Identification code	12.5p ordinary shares GB0000904986
b)	Nature of the transaction	Granting of awards under the Company's Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ Nil 64,901
d)	Aggregated information · Aggregated volume · Price	N/A N/A
e)	Date of the transaction	11 November 2022
f)	Place of the transaction	Outside a trading venue

BELLWAY p.l.c.

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Keith Derek Adey
2	Reason for the notification
a)	Position/status	Group Finance Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bellway p.l.c.
b)	LEI	213800CY4L3HST4FGZ98
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 Identification code	12.5p ordinary shares GB0000904986
b)	Nature of the transaction	Granting of awards under the Company's Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £ Nil 39,604
d)	Aggregated information · Aggregated volume · Price	N/A N/A
e)	Date of the transaction	11 November 2022
f)	Place of the transaction	Outside a trading venue

Name of contact and telephone number for queries:

Simon Scougall

Group General Counsel & Company Secretary

Bellway p.l.c.

Tel: [phone]

 

END

 

 

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