Director/PDMR Shareholding

RNS Number : 4326B
Berkeley Group Holdings (The) PLC
30 September 2022
 

30 September 2022

The Berkeley Group Holdings plc

(the "Company")

 

Transactions of persons discharging managerial responsibilities

 

Directors' Beneficial Shareholdings

 

On 30 September 2022, options to acquire Shares granted under the 2011 LTIP vested.

The Company was notified on 30 September 2022 that the Directors detailed below had exercised their options to acquire Shares at an option exercise price of £5.30 per Share.  The Company was also notified on 30 September 2022 that The Berkeley Group Holdings plc Employee Benefit Trust (the "EBT") had transferred Shares to those Directors net of the option exercise price and employee's income tax and national insurance contributions as detailed in the below table. 

Vesting of 2011 LTIP

 

Name of Director

Number of Shares received following exercise of Option

Percentage of Issued Share Capital

Total Beneficial Holding following Notification

Percentage of Issued Share Capital held beneficially following Notification

R C Perrins

a) 119,214

a) 0.11%

a) 957,180 (R C Perrins)

b) 255,190 (Mrs V W Perrins)

a) 0.88%

b) 0.23%

 

R J Stearn

a) 29,019

a) 0.03%

a) 138,446 (R J Stearn)

b) 98,427 (Mrs J P Stearn)

a) 0.13%

b) 0.09%

 

K Whiteman

 

a) 32,163

a) 0.03%

a) 276,641 (K Whiteman)

b) 83,353 (Mrs M Whiteman)

a) 0.25%

b) 0.08%

 

J Tibaldi

a) 26,679

a) 0.02%

a) 98,648 (J Tibaldi)

b) 16,520 (Mrs M Tibaldi)

a) 0.09%

b) 0.02%

 

P Vallone

a) 26,679

a) 0.02%

a) 95,569 (P Vallone)

b) 23,098 (Mrs A Vallone)

a) 0.09%

b) 0.02%

 

 

1.  K Whiteman subsequently transferred 28,947 of the resultant Shares to his spouse, Mrs M Whiteman.

 

Vested options can be exercised up to and including 4 September 2026 subject to the rules of the 2011 LTIP.

 

The Company was also notified on 30 September 2022 that, in accordance with the rules of the 2011 LTIP permitting 10% of Shares acquired on exercise of options to be sold each year, two Directors had sold Shares following the exercise of their options as specified in the table below.  The Shares were sold on 30 September 2022 at a price of £ 32.494296 per Share.

 

Name of Director

Number of Shares sold

Percentage of Issued Share Capital

Total Beneficial Holding following Notification

Percentage of Issued Share Capital beneficially held following Notification

R J Stearn

a) 2,901

a) 0.00%

a) 135,545 (R J Stearn)

b) 98,427 (Mrs J P Stearn)

a) 0.12%

b) 0.09%

K Whiteman

a) 3,216

a) 0.00%

a) 273,425 (K Whiteman)

b) 83,353 (Mrs M Whiteman)

a) 0.25%

b) 0.08%

 

T he information set out above is provided in accordance with the requirements of Article 19(3) of the UK Market Abuse Regulation.

 

For further information please contact:

 

Novella Communications  

Tim Robertson 

T: 020 3151 7008

 

Ann Dibben

Company Secretary

The Berkeley Group Holdings plc

Tel: 01932 868555

 

LEI:  2138009OQSSLVVHQAL78

 

 

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Perrins

2.

Reason for the notification

a)

Position / status

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

The Berkeley Group Holdings plc

b)

LEI

2138009OQSSLVVHQAL78

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

Ordinary Shares of 5.4141p each


ISIN: GB00BLJNXL82

b)

Nature of the transaction(s)

Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

119,214

d)

Aggregated information

Aggregated volume

Price

n/a single transaction

 

e)

Date of the transaction

2022-09-30

f)

Place of the transaction

Outside a trading venue

 



 

 

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Stearn

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

The Berkeley Group Holdings plc

b)

LEI

2138009OQSSLVVHQAL78

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

Ordinary Shares of 5.4141p each


ISIN: GB00BLJNXL82

b)

Nature of the transaction(s)

1.  Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions.

2.  Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.  Nil

2.  £32.494296

1.  29,019

2.  2,901

d)

Aggregated information

Aggregated volume

Price

n/a single transaction

e)

Date of the transaction

2022-09-30

f)

Place of the transaction

1.  Outside a trading venue

2.  London Stock Exchange, Main Market (XLON)

 



 

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Karl Whiteman

2.

Reason for the notification

a)

Position / status

Divisional Executive Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Berkeley Group Holdings plc

b)

LEI

2138009OQSSLVVHQAL78

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

Ordinary Shares of 5.4141p each


ISIN: GB00BLJNXL82

b)

Nature of the transaction(s)

1.  Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions.

2.  Sale of Ordinary Shares

3.  Transfer of Ordinary Shares to Mrs Melanie Whiteman

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.  Nil

2.  £32.494296

3.  Nil

1.  32,163

2.  3,216

3.  28,947

d)

Aggregated information

Aggregated volume

Price

n/a single transaction

 

e)

Date of the transaction

2022-09-30

f)

Place of the transaction

1.  Outside a trading venue

2.  London Stock Exchange, Main Market (XLON)

3.  Outside a trading venue

 



 

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Melanie Whiteman

2.

Reason for the notification

a)

Position / status

Person closely associated to Karl Whiteman, Divisional Executive Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Berkeley Group Holdings plc

b)

LEI

2138009OQSSLVVHQAL78

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

Ordinary Shares of 5.4141p each


ISIN: GB00BLJNXL82

b)

Nature of the transaction(s)

Acquisition of Ordinary Shares from Mr Karl Whiteman

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

28,947

d)

Aggregated information

Aggregated volume

Price

n/a single transaction

 

e)

Date of the transaction

2022-09-30

f)

Place of the transaction

Outside a trading venue

 

 



 

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Justin Tibaldi

2.

Reason for the notification

a)

Position / status

Divisional Executive Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Berkeley Group Holdings plc

b)

LEI

2138009OQSSLVVHQAL78

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

Ordinary Shares of 5.4141p each


ISIN: GB00BLJNXL82

b)

Nature of the transaction(s)

Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

26,679

d)

Aggregated information

Aggregated volume

Price

n/a single transaction

e)

Date of the transaction

2022-09-30

f)

Place of the transaction

Outside a trading venue

 



 

The notification set out below is provided in accordance with the requirements of the UK Market Abuse Regulation

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Vallone

2.

Reason for the notification

a)

Position / status

Divisional Executive Director

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

The Berkeley Group Holdings plc

b)

LEI

2138009OQSSLVVHQAL78

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

Ordinary Shares of 5.4141p each


ISIN: GB00BLJNXL82

b)

Nature of the transaction(s)

Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

26,679

d)

Aggregated information

Aggregated volume

Price

n/a single transaction

 

e)

Date of the transaction

2022-09-30

f)

Place of the transaction

Outside a trading venue

 

 

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