Director/PDMR Shareholding

RNS Number : 4081E

Grainger PLC

03 July 2019

 

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

The Company was notified on 3 July 2019, that the following transactions have taken place in relation to the Grainger Share Incentive Plan ("SIP") on 1 July 2019.  The SIP is an all-employee plan approved by HM Revenue and Customs, under which employees are able to receive allocations of free 5p ordinary shares in the Company ("Ordinary Shares").

A total of 78,039 Ordinary Shares were purchased at a price of 248.95p per share on 1 July 2019 ("Free Shares"). The Free Shares were allocated to all employees participating in the SIP as Free Shares and registered in the name of Link Asset Services Trustees Ltd.

Helen Gordon, Vanessa Simms, Andrew Saunderson and Michael Keaveney, who are directors and/or persons discharging managerial responsibilities, were also allocated Free Shares as participants in the SIP, for no consideration as detailed below.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Helen Gordon
2	Reason for the notification
a)	Position/status	CEO/ Director
b)	Initial notification	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Grainger plc
b)	LEI		2138007CEIRKZMNI2979
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		Ordinary Shares of 5p each in Grainger plc
b)	Identification code		GB00B04V1276
c)	Nature of the transaction		Acquisition of Free Shares under the Grainger plc Share Incentive Plan
d)	Price and volumes		Price: £2.4895 Volumes: 723 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price		N/A
e)	Date of the transaction		1 July 2019
f)	Place of the transaction		London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Vanessa Simms
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Grainger plc
b)	LEI		2138007CEIRKZMNI2979
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		Ordinary Shares of 5p each in Grainger plc
b)	Identification code		GB00B04V1276
c)	Nature of the transaction		Acquisition of Free Shares under the Grainger plc Share Incentive Plan
d)	Price and volumes		Price: £2.4895 Volumes: 723 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price		N/A
e)	Date of the transaction		1 July 2019
f)	Place of the transaction		London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Andrew Saunderson
2	Reason for the notification
a)	Position/status	Director of Investments/PDMR
b)	Initial notification	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Grainger plc
b)	LEI		2138007CEIRKZMNI2979
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		Ordinary Shares of 5p each in Grainger plc
b)	Identification code		GB00B04V1276
c)	Nature of the transaction		Acquisition of Free Shares under the Grainger plc Share Incentive Plan
d)	Price and volumes		Price: £2.4895 Volumes: 723 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price		N/A
e)	Date of the transaction		1 July 2019
f)	Place of the transaction		London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Michael Keaveney
2	Reason for the notification
a)	Position/status	Director of Land and Development/PDMR
b)	Initial notification	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Grainger plc
b)	LEI		2138007CEIRKZMNI2979
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		Ordinary Shares of 5p each in Grainger plc
b)	Identification code		GB00B04V1276
c)	Nature of the transaction		Acquisition of Free Shares under the Grainger plc Share Incentive Plan
d)	Price and volumes		Price: £2.4895 Volumes: 723 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price		N/A
e)	Date of the transaction		1 July 2019
f)	Place of the transaction		London Stock Exchange

Name of authorised official of issuer responsible for making notification.

Adam McGhin

Group General Counsel and Company Secretary

 

END

 

 

DSHUGUQUMUPBGAW