Director/PDMR Shareholding

RNS Number : 6014Q

Wolseley PLC

07 November 2012

 



Notification of transactions of Directors/Persons Discharging Managerial Responsibilities

Wolseley plc (the "Company") announces the following changes in the interests in the ordinary shares of 10 pence each in the share capital of the Company (the "Shares").

Following receipt by the Company of applications from employees relating to the exercise of options under the Wolseley Executive Share Option Plan 2003 ("the Plan"), the Company chose to net settle certain of the options by delivering Shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option shares).

The following Directors/Persons Discharging Managerial Responsibility exercised options under the Plan on 6 November 2012. The table below shows the number of options exercised, the total Shares received following net settlement and the number of Shares sold to satisfy payment of income tax and dealing fees.

The Shares vesting under the Plan were exercised at an option price of £12.69.  The price for disposal of Shares was £27.54.

Director/PDMR	No. of options exercised	Total Shares following net settlement	No. of Shares disposed	Total holding of ordinary Shares as at 6 November 2012 following transaction	Shareholding as percentage of the issued ordinary share capital
STEPHEN ASHMORE (PDMR)	17,592	10,575	5,379	7,574	0.0026%
FRANK ROACH (Director)	68,051	36,694	13,625	57,837	0.0202%

The transactions took place on 6 November 2012 in the United Kingdom.

Wolseley plc was informed of this transaction on 6 November 2012.

Wolseley plc

Richard Shoylekov

[phone]

 

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