Director/PDMR Shareholding

RNS Number : 5259S

Ferguson PLC

06 November 2019

 

Ferguson plc ("Company")

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

Vesting of Executive Share Plan awards

The Ferguson Group Long Term Incentive Plan 2015 ("LTIP")

PDMR/Executive Director	No. of Shares under options exercised	Total no. of Shares sold
J Martin	56,268	26,478
S Oakland	2,354	N/A*

* Mr Oakland's award was cash settled as noted below.

Following the vesting on 1 November 2019 of share options under the LTIP which were granted in November 2016, Mr Martin sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise. The Shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share.

As a consequence of Canadian securities laws, Mr Oakland received a cash settlement equal to the final value of the vested Shares subject to the deduction of the tax/social security liabilities that arose on vesting by way of satisfaction of his award. The price used to calculate the cash settlement received by Mr Oakland was 6,568 pence per Share.

The LTIP was subject to a dividend equivalent accrual and as a result of the vesting, Mr Martin and Mr Oakland will receive a cash payment of the accrued dividend equivalents relating to the awards.

In accordance with the Company's Shareholding Guidelines, Mr Martin will hold the remaining 29,790 Shares until he ceases to be an employee of the Ferguson Group.

Performance Based Buy Out Award ("PBBO")

PDMR/Executive Director	No. of Shares received	Total no. of Shares sold
M Powell	18,029	8,484

Following the vesting on 1 November 2019 of a conditional share award under the PBBO which was granted in June 2017, Mr Powell sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise and retained the balance of Shares which were subsequently transferred to his spouse.

The shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share. The remaining shares were transferred for nil consideration.

Ferguson Group Ordinary Share Plan 2011 ("OSP")

PDMR/Executive Director	No. of Shares received	Total no. of Shares sold
M Brooks	3,184	1,442
A Hutcherson	2,742	2,366
K Murphy	5,574	2,523

This section of the notification sets out information relating to the vesting of conditional share awards under the OSP granted to senior executives in November 2016 who, since the date of the award, have changed roles and are now PDMRs/Executive Directors.

Following the vesting of conditional Share awards, Mr Brooks, Mr Hutcherson and Mr Murphy all sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition Mr Hutcherson sold a further number of Shares.

The Shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share.

Ferguson Group Performance Ordinary Share Plan 2016 ("POSP")

PDMR/Executive Director	No. of Shares received	Total no. of Shares sold
M Brooks	7,356	7,356
A Hutcherson	6,334	4,334
K Murphy	12,876	5,828

This section of the notification sets out information relating to the vesting of conditional share awards under the POSP granted to senior executives in November 2016 who, since the date of the award, have changed roles and are now PDMRs/Executive Directors.

Following the vesting of conditional Share awards, Mr Brooks sold all Shares, Mr Hutcherson and Mr Murphy both sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition Mr Hutcherson sold a further number of Shares.

The Shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share.

Ferguson Group Revised Ordinary Share Plan 2016 ("ROSP")

PDMR/Executive Director	No. of Shares received	Total no. of Shares sold
S Oakland	19,710	N/A*

* Mr Oakland's award was cash settled as noted above.

As a consequence of Canadian securities laws, Mr Oakland received a cash settlement equal to the final value of the vested Shares subject to the deduction of the tax/social security liabilities that arose on vesting by way of satisfaction of his award. The price used to calculate the cash settlement received by Mr Oakland was 6,568 pence per Share.

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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The exercise of nil cost share options granted in November 2016 under the Ferguson Group Long Term Incentive Plan 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 56,268 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the exercise of nil cost share options granted in November 2016 under the Ferguson Group Long Term Incentive Plan 2015
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 26,478 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £1,743,096.31
e)	Date of the transaction	2019-11-05; 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	Kevin Murphy
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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in November 2016 under the Ferguson Group Ordinary Share Plan 2011
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 5,574 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Kevin Murphy
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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in November 2016 under the Ferguson Group Ordinary Share Plan 2011
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 2,523 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £166,093.81
e)	Date of the transaction	2019-11-05; 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	Kevin Murphy
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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 12,876 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Kevin Murphy
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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 5,828 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £383,668.15
e)	Date of the transaction	2019-11-05; 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	Michael Powell
2	Reason for the notification
a)	Position/status	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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in June 2017 under the Performance Based Buy Out Award
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 18,029 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Michael Powell
2	Reason for the notification
a)	Position/status	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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in June 2017 under the Performance Based Buy Out Award
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 8,484 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £558,517.60
e)	Date of the transaction	2019-11-05; 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	Michael Powell
2	Reason for the notification
a)	Position/status	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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The transfer of shares to spouse for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 9,545 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-05; 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	Kate Powell
2	Reason for the notification
a)	Position/status	This notification concerns a person closely associated with a person discharging managerial responsibilities. The relevant person discharging managerial responsibilities being Michael Powell, 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The receipt of shares from spouse for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 9,545 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-05; 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	Michael Brooks
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in November 2016 under the Ferguson Group Ordinary Share Plan 2011
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 3,184 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Michael Brooks
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in November 2016 under the Ferguson Group Ordinary Share Plan 2011
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 1,442 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £94,929.56
e)	Date of the transaction	2019-11-05; 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	Michael Brooks
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 7,356 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Michael Brooks
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 7,356 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £484,259.25
e)	Date of the transaction	2019-11-05; 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	Alex Hutcherson
2	Reason for the notification
a)	Position/status	Chief Operating 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in November 2016 under the Ferguson Group Ordinary Share Plan 2011
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 2,742 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Alex Hutcherson
2	Reason for the notification
a)	Position/status	Chief Operating 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in November 2016 under the Ferguson Group Ordinary Share Plan 2011
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 2,366 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £155,758.21
e)	Date of the transaction	2019-11-05; 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	Alex Hutcherson
2	Reason for the notification
a)	Position/status	Chief Operating 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The vesting of conditional shares granted in November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 6,334 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £0.00
e)	Date of the transaction	2019-11-01; 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	Alex Hutcherson
2	Reason for the notification
a)	Position/status	Chief Operating 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	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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 10p each ISIN: JE00BJVNSS43
b)	Nature of the transaction	The disposal of shares stemming from the vesting of conditional shares granted in November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.831872 4,334 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £285,315.33
e)	Date of the transaction	2019-11-05; 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 and Head of Corporate Development
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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	A financial instrument linked to a Ferguson Ordinary Share ISIN: JE00BJVNSS43
b)	Nature of the transaction	The receipt of a cash settlement by way of satisfaction of an award granted in November 2016 under the Ferguson Group Long Term Incentive Plan 2015 equal to the final value of the vested Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.68 2,354 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £154,610.72
e)	Date of the transaction	2019-11-01; UTC time
f)	Place of the transaction	Outside a trading venue

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 and Head of Corporate Development
b)	Initial/Amendment notification	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ferguson plc
b)	LEI	213800DU1LGY3R2S2X42
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	A financial instrument linked to a Ferguson Ordinary Share ISIN: JE00BJVNSS43
b)	Nature of the transaction	The receipt of a cash settlement by way of satisfaction of an award granted in November 2016 under the Ferguson Group Revised Ordinary Share Plan 2016 equal to the final value of the vested Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £65.68 19,710 GBP - British Pound
d)	Aggregated information -      Aggregated volume -      Price	Not applicable £1,294,552.80
e)	Date of the transaction	2019-11-01; UTC time
f)	Place of the transaction	Outside a trading venue

Enquiries:

Graham Middlemiss, Group Company Secretary

(0118 927 3800)

6 November 2019

 

END

 

 

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