Director/PDMR Shareholding

RNS Number : 6554O
Wolseley PLC
08 November 2016
 

WOLSELEY PLC ("Company")

 

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10 53/66p EACH IN THE COMPANY ("Shares")

 

 

The Wolseley Group Executive Share Option Plan 2012 ("ESOP"), the Wolseley Group Long Term Incentive Plan 2012 ("LTIP") and the Wolseley Group Ordinary Share Plan 2011 ("OSP") ("the Plans")

Following the vesting on 7 November 2016 of conditional share awards and share options under the Plans which were granted in November 2013, details of the Shares received and/or options exercised and any resulting sale of Shares by the Company's Executive Directors and/or PDMRs are set out in the tables below.

ESOP

Following the vesting and exercise of options, Mr Martin sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise, Mr Roach sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on exercise and a further portion of the resulting Shares and retained the balance of Shares, and Mr England and Mr Shoylekov sold all of their resulting Shares.

The table below shows the number of Shares under options exercised and the number of Shares sold on 7 November 2016. The Shares vesting under the ESOP were exercised at an option price of 3,315 pence per Share. The price for the disposal of the Shares was 4,198.68 pence per Share.

PDMR/Executive Director

No. of Shares under options exercised

Total no. of Shares sold




J Martin

34,913

31,038

F Roach

35,329

34,942

A England

9,168

9,168

R Shoylekov

12,985

12,985

 

 

LTIP

 

Following the vesting of conditional share awards and/or the vesting and exercise of nil-cost options, Mr Martin sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise, Mr Roach sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on vesting and Mr England and Mr Shoylekov sold all of their resulting Shares. The LTIP was also subject to a dividend equivalent accrual. As a result of the vesting of their conditional share awards and/or the vesting and exercise of nil-cost options on 7 November 2016 Mr Martin, Mr Roach, Mr England and Mr Shoylekov will receive cash payments of £27,558.30, £31,073.24, £6,260.74 and £8,868.76 respectively as a result of the accrued dividend equivalents relating to their awards.

The table below shows the number of Shares under options exercised or Shares received on vesting and the number of Shares sold on 7 November 2016. The shares released were received for nil consideration. The price for the sale of the Shares was 4,198.68 pence per Share.

 

 

PDMR/Executive Director

No. of Shares under options exercised/Shares received

Total no. of Shares sold




J Martin

11,000

5,189

F Roach

12,403

5,938

A England

2,499

2,499

R Shoylekov

3,540

3,540

 

 

OSP

 

The following section of this notification sets out information relating to the vesting of conditional share awards and vesting and exercise of options under the OSP granted to senior executives in November 2013 who, since the date of the award, have changed roles and are now PDMRs.

Following the vesting of conditional Share awards and/or the vesting and exercise of options,Mr Headon sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on vesting,  Mr Keltner sold all of his resulting Shares and Mr Oakland sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and a further portion of the resulting Shares and retained the balance of Shares.

The table below shows the number of Shares under options exercised or Shares received on vesting and the number of Shares sold on 7 November 2016.  The options exercised and/or Shares released were received for nil consideration. The price for the sale of the Shares was 4,198.68 pence per Share.

 

PDMR

No. of Shares under options exercised/Shares received

Total no. of Shares sold




P Headon

4,244

1,698

D Keltner

6,539

6,539

S Oakland

9,158

8,190

 

 

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Martin

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£33.15

34,913

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£1,157,365.95

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Martin

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of nil cost share options granted in November 2013 under the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

11,000

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Martin 

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012 and the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

36,227

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£1,521,055.80

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Frank Roach

2

Reason for the notification

a)

Position/status

Chief Executive Officer, USA

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£33.15

35,329

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£1,171,156.35

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Frank Roach

2

Reason for the notification

a)

Position/status

Chief Executive Officer, USA

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The vesting of conditional shares granted in November 2013 under the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

12,403

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Frank Roach 

2

Reason for the notification

a)

Position/status

Chief Executive Officer, USA

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the vesting of conditional shares and the exercise of share options granted in November 2013 under the Wolseley Group Long Term Incentive Plan 2012 and the Wolseley Group Executive Share Option Plan 2012 respectively

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

40,880

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£1,716,420.38

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Anthony England

2

Reason for the notification

a)

Position/status

Chief Information Officer

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£33.15

9,168

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£303,919.20

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Anthony England

2

Reason for the notification

a)

Position/status

Chief Information Officer

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of nil cost share options granted in November 2013 under the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

2,499

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Anthony England 

2

Reason for the notification

a)

Position/status

Chief Information Officer

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012 and the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

11,667

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£489,859.99

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Shoylekov

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£33.15

12,985

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£430,452.75

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Shoylekov

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of nil cost share options granted in November 2013 under the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

3,540

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Shoylekov

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the exercise of share options granted in November 2013 under the Wolseley Group Executive Share Option Plan 2012 and the Wolseley Group Long Term Incentive Plan 2012

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

16,525

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£693,831.87

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Patrick Headon

2

Reason for the notification

a)

Position/status

Managing Director, Wolseley UK

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The vesting of conditional shares granted in November 2013 under the Wolseley Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

4,244

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Patrick Headon

2

Reason for the notification

a)

Position/status

Managing Director, Wolseley UK

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the vesting of conditional shares granted in November 2013 under the Wolseley Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

1,698

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£71,293.59

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Keltner

2

Reason for the notification

a)

Position/status

Interim Group Chief Financial Officer

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The vesting of conditional shares granted in November 2013 under the Wolseley Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

6,539

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Keltner

2

Reason for the notification

a)

Position/status

Interim Group Chief Financial Officer

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the vesting of conditional shares granted in November 2013 under the Wolseley Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

6,539

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£274,551.69

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Oakland

2

Reason for the notification

a)

Position/status

CEO, Canada and Central Europe

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

The exercise of nil cost share options granted in November 2013 under the Wolseley Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

9,158

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Oakland

2

Reason for the notification

a)

Position/status

CEO, Canada and Central Europe

b)

Initial/Amendment notification

Initial notification

3

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

a)

Name

Wolseley plc

b)

LEI

2138005UHP5J9Y2RM657

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 10 53/66p each

 

 

 

ISIN: JE00BFNWV485

b)

Nature of the transaction

A disposal of shares stemming from the exercise of share options granted in November 2013 under the Wolseley Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£41.9868

8,190

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£343,871.89

e)

Date of the transaction

2016-11-07; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

Enquiries:

 

Graham Middlemiss, Group Company Secretary

(00 41 41 723 2230)

 

8 November 2016


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHUGGQAGUPQGCR

Companies

Ferguson (FERG)
UK 100

Latest directors dealings