Director/PDMR Shareholding

RNS Number : 6213S

Wolseley PLC

08 November 2013

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility

Grant of Awards under Wolseley plc Executive Share Plans

On 7 November 2013 the Company granted the following awards to Executive Directors and Persons Discharging Managerial Responsibility ("PDMRs") of ordinary shares in the capital of the Company ("Shares").

Long Term Incentive Plan Awards

Awards were made to 8 individuals all of which are Executive Directors and/or PDMRs as set out in the table below under the Wolseley Group Long Term Incentive Plan 2012 ("LTIP").

Name	Number of options granted and/or conditional allocation over Shares	Total interests in Shares held under the LTIP and Long Term Incentive Scheme 2010 following this allocation
S Ashmore	6,857	38,310
A England	5,353	25,794
O M Jensen	6,271	18,648
J Martin	23,556	108,731
I Meakins	50,710	219,048
C Morrison	6,571	36,048
F Roach	26,561	134,934
R Shoylekov	7,582	41,594

The awards were granted as conditional awards to Messrs Jensen and Roach and as nil cost options to all other awardees. No consideration is payable either at allocation, on vesting or, for those in the form of nil cost options, on exercise of all or part of the awards.

These awards will only vest upon the achievement of certain corporate performance targets measured over a three year period. The conditional awards will vest on 7 November 2016 and the nil cost options will be exercisable between 7 November 2016 and 7 November 2023.

Executive Share Option Plan Awards

Awards were made to 8 individuals all of which are Executive Directors and/or PDMRs as set out in the table below under the Wolseley Group Executive Share Option Plan 2012 ("ESOP").

Name	Number of options granted over Shares	Total number of Shares over which options are held under the ESOP and Executive Share Option Plans 2003 and 2010 following this notification
S Ashmore	11,745	64,829
A England	9,168	43,439
O M Jensen	12,393	40,226
J Martin	34,913	171,687
I Meakins	62,633	494,941
C Morrison	11,254	60,817
F Roach	35,329	198,287
R Shoylekov	12,985	70,174

The awards were granted to all participants at an exercise price fixed at the time of grant of 3315 pence per Share. These awards will only vest upon the achievement of EPS performance conditions tested over a three year period. The options will be exercisable between 7 November 2016 and 7 November 2023.

Ordinary Share Plan Awards

Awards were made to 2 PDMRs as set out in the table below under the Wolseley Ordinary Share Plan 2011 ("OSP"). The awards were granted as nil cost options to both participants.

Name	Number of options granted over Shares	Total number of Shares over which options are held under the OSP
S Ashmore	9,143	9,143
C Morrison	8,761	8,761

These awards will vest at the end of the three year period from date of grant. No consideration is payable either at allocation, on vesting or, for those in the form of nil cost options, on exercise of all or part of the awards.

Total Interests in Shares under Wolseley plc Executive Share Plans

The table below sets out the total interests in shares under Wolseley plc Executive Share Plans held by the Executive Directors and PDMRs following this notification.

Name	Total interests in Shares held under the LTIP and Long Term Incentive Scheme 2010, ESOP and Executive Share Options Plans 2003 and 2010 and the OSP
S Ashmore	112,282
A England	69,233
O M Jensen	69,072
J Martin	280,418
I Meakins	713,989
C Morrison	105,626
F Roach	333,221
R Shoylekov	111,768