Director/PDMR Shareholding

RNS Number : 6042I

Wolseley PLC

26 March 2015

 



WOLSELEY PLC ("Company")

NOTIFICATION OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") IN ORDINARY SHARES OF 10 ⁵³/₆₆p EACH IN THE COMPANY ("Shares")

Disposal of Shares

On 26 March 2015, the Company was notified that on 26 March 2015, the following Executive Directors undertook the transactions set out below. 

Director	Nature of transaction	Number of Shares	Price per Share	Remaining holding of Shares after transaction*	Vested but unexercised long term incentive awards*
Ian Meakins	Disposal of individually held Shares	50,000	3,992.4501p	134,293	261,012
John Martin	Disposal of individually held Shares	23,977	3,992.4501p	66,044	0
	Disposal of Shares held by Claire Martin (spouse)	2,000	3,992.4501p
Frank Roach	Disposal of Shares held through a nominee	31,400	3,992.4501p	36,122	110,358

^*Details provided for information only.

In addition, the Company was notified that on 26 March 2015, the following PDMRs undertook the transactions set out below.

PDMR	Nature of transaction	Number of Shares	Price per Share
Anthony England	Disposal of individually held Shares	2,768	3,992.4501p
Ole Mikael Jensen	Disposal of individually held Shares	10,198	3,992.4501p

Exercise of Share options and disposal of Shares

Wolseley Group Share Option Plan 2010 ("Plan")

On 26 March 2015, the Company was notified that on 26 March 2015, a PDMR exercised options and disposed of Shares as set out in the table below.

Following receipt by the Company of the application from the PDMR relating to the exercise of options under 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 Shares vesting under the Plan were exercised at an option price of 1,879 pence per Share. The price for the disposal of the Shares set out below was 3,992.4501 pence.

PDMR	No. of options exercised	Total Shares following net settlement	No. of Shares disposed
Richard Shoylekov	22,460	11,889	9,689

Purchase of Shares

On 26 March 2015, the Company was notified that on 26 March 2015 Jacky Simmonds, a Director and PDMR, purchased 2,000 Shares in the Company at a price of 4,007 pence per Share.

These disclosures are made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4 R. The transactions took place in the UK and the Shares are listed on the London Stock Exchange.

Graham Middlemiss, Group Deputy Company Secretary

(0118 929 8700)

Brunswick (Media Enquiries)

Michael Harrison

(020 7404 5959)

26 March 2015

 

END

 

 

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