Director/PDMR Shareholding

RNS Number : 3584N

Wolseley PLC

28 January 2016

 

WOLSELEY PLC

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

The Wolseley Group Long Term Incentive Plan 2012 ("Plan")

On 27 January 2016, the Executive Director named below exercised a nil cost option award under the Plan.  This was in relation to an award granted under the Plan in January 2013.

The table below shows the number of options exercised on 27 January 2016.  The table also shows the number of Shares sold on that date to cover tax and social security withholding liabilities only.  The price for the Shares sold was 3,399 pence per Share.

Director	No. of options exercised	Total no. of Shares sold
John Martin	17,125	8,078

As part of his transaction, Mr Martin transferred the remaining 9,047 Shares into his spouse's name for nil consideration.

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

Date of notification: 28 January 2016

Enquiries:

Graham Middlemiss, Group Company Secretary

(00 41 41 723 2230)

 

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