Director/PDMR Shareholding

RNS Number : 2235C

Galliford Try PLC

27 September 2018

 

Galliford Try plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation.

Galliford Try plc (the "Company") notifies that the following conditional awards, previously granted under the Galliford Try plc 2006 Long Term Incentive Plan, over ordinary shares of 50 pence in the Company were released on 27 September 2018 to the persons discharging managerial responsibilities ("PDMR") detailed below:

PDMR	No. of ordinary shares under the award	Date of grant of the award
P Truscott	10,739	21 October 2015
G Prothero	8,786	25 September 2015
K Corbett	5,284	25 September 2015
A Hammond	5,857	25 September 2015
B Hocking	6,638	25 September 2015
T Nicholson	5,857	25 September 2015
S Teagle	5,564	25 September 2015

On 27 September 2018, the following PDMRs' ordinary shares were sold at £10.46 per share to meet tax withholding liabilities associated with the vesting of the aforementioned awards:

PDMR	No. of  ordinary shares sold
P Truscott	5,048
G Prothero	4,130
K Corbett	2,484
A Hammond	2,753
B Hocking	3,120
T Nicholson	2,753
S Teagle	2,616

Details of the full notifications received by the Company are set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Truscott
2	Reason for Notification
a)	Position/status	Chief Executive / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 10,739
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Graham Prothero
2	Reason for Notification
a)	Position/status	Finance Director / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 8,786
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Corbett
2	Reason for Notification
a)	Position/status	General Counsel and Company Secretary / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,284
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Hammond
2	Reason for Notification
a)	Position/status	Linden Homes Divisional Chairman, West / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,857
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bill Hocking
2	Reason for Notification
a)	Position/status	Chief Executive, Construction & Investments / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 6,638
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom Nicholson
2	Reason for Notification
a)	Position/status	Linden Homes Divisional Chairman, East / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,857
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Teagle
2	Reason for Notification
a)	Position/status	Chief Executive, Partnerships and Regeneration / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 5,564
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Truscott
2	Reason for Notification
a)	Position/status	Chief Executive / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 5,048
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Graham Prothero
2	Reason for Notification
a)	Position/status	Finance Director / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 4,130
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Corbett
2	Reason for Notification
a)	Position/status	General Counsel and Company Secretary / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 2,484
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Hammond
2	Reason for Notification
a)	Position/status	Linden Homes Divisional Chairman, West / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 2,753
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bill Hocking
2	Reason for Notification
a)	Position/status	Chief Executive, Construction & Investments / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 3,120
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom Nicholson
2	Reason for Notification
a)	Position/status	Linden Homes Divisional Chairman, East / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 2,753
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Teagle
2	Reason for Notification
a)	Position/status	Chief Executive, Partnerships and Regeneration / PDMR
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galliford Try plc
b)	LEI	213800OOHUV3HHP46A02
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 50 pence each in Galliford Try plc GB00B3Y2J508
b)	Nature of the transaction	Shares sold to meet the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £10.46 2,616
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	27 September 2018
f)	Place of the transaction	London Stock Exchange (XLON)

For further enquiries:

Galliford Try plc	Kevin Corbett, Company Secretary	01895 855001
	Clara Melia, Investor Relations	07748 171 236
Tulchan Communications	James Macey White	0207 353 4200
	Martin Pengelley
	Matt Low

Notes to Editors

Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250.  Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners.  Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2018, the Group generated revenue of £2.9 billion.

 

END

 

 

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