Director/PDMR Shareholding

RNS Number : 5058N

Galliford Try PLC

24 September 2019

 

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 restricted ordinary shares of 50 pence in the Company, previously granted under the Galliford Try plc Annual Bonus Plan 2007, were released on 24 September 2019 to the persons discharging managerial responsibilities ("PDMR") detailed below:

PDMR	No. of ordinary shares under the award	Date of grant of the award
Kevin Corbett	3,525	23 September 2016
Bill Hocking	1,201	23 September 2016
Graham Prothero	4,943	23 September 2016

On 24 September 2019, the following PDMRs' ordinary shares were sold at £6.70 per share to meet tax withholding liabilities associated with the vesting of the aforementioned awards:

PDMR	No. of ordinary shares sold
Kevin Corbett	1,275
Bill Hocking	514
Graham Prothero	2,112

The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Corbett
2	Reason for Notification
a)	Position/status	General Counsel & Company Secretary / PDMR
b)	Initial notification/Amendment	Initial notification
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	Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 3,525
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	24 September 2019
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 notification
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	Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 1,201
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	24 September 2019
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	Chief Executive / PDMR
b)	Initial notification/Amendment	Initial notification
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	Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 4,943
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	24 September 2019
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 & Company Secretary / PDMR
b)	Initial notification/Amendment	Initial notification
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 tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007.
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.70 1,275
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	24 September 2019
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 notification
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 tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007.
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.70 514
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	24 September 2019
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	Chief Executive / PDMR
b)	Initial notification/Amendment	Initial notification
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 tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007.
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.70 2,112
d)	Aggregated information -       Aggregated volume -       Price	Not applicable - single transaction
e)	Date of the transaction	24 September 2019
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 2019, the Group generated revenue of £2.8 billion.

 

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