Director/PDMR Shareholding

RNS Number : 0687M

Grainger PLC

15 January 2016

 

15 January 2016

Grainger plc

Director/PDMR Shareholdings

Grainger plc ("The Company") announces, pursuant to the Grainger 2007 Long Term Incentive Plan ("LTIP") and following an assessment of the performance conditions by its Remuneration Committee that 98% of the share awards, conditionally granted on 10 December 2012, vested on 11 January 2016.

Executive Director/PDMR	Shares Vesting
Nick Jopling	363,224
Laure Duhot	162,332

Arrangements are in hand to transfer the shares that are vesting from the Grainger plc Employee Benefits Trust ("EBT") to the Executive Director/PDMR.

The Company further announces the following sales of ordinary shares by the above Directors of the Company on 13 January 2016 at a price of 233.11p

Executive Director/PDMR	Shares Sold
Nick Jopling	170,715
Laure Duhot	76,298

The total shareholdings of the above Director/PDMR after these transactions are:-

Executive Director	Holding prior to notification	Holding following notification	Percentage holding following notification
Nick Jopling	599,401	791,910	0.19%
Laure Duhot	8,513	94,551	0.02%

For and on behalf of

Grainger plc

M P Windle

Deputy Company Secretary

 

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