Director/PDMR Shareholding

Grainger PLC

12 December 2023

 

GRAINGER PLC

("GRAINGER" OR THE "COMPANY")

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

GRANT OF OPTIONS UNDER THE GRAINGER PLC DEFERRED BONUS SHARE PLAN

The Company announces that it has made the following grants of nil cost share options ("Options") over ordinary shares of 5p each in the capital of the Company ("Shares") pursuant to the Deferred Bonus Share Plan ("DBSP") on 11 December 2023. The Options have been granted in respect of the compulsory deferral of 25% of the 2023 annual bonus into Shares for a period of 3 years.

Grant of Options

On 11 December 2023, Grainger granted Options over a total of 154,566 Shares to its Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company (as specified in the table below).

Name of Director/ PDMR	Position	No. of shares under Option
Helen Gordon	Chief Executive Officer (Director)	70,844
Rob Hudson	Chief Financial Officer (Director)	48,257
Michael Keaveney	Director of Land and Development (PDMR)	17,969
Eliza Pattinson	Director of Operations and Asset Management (PDMR)	17,496

Vesting of the Options is not subject to any performance conditions and, subject to continued employment with Grainger, the Options will normally become exercisable after the three-year vesting period.

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

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Helen Gordon
2	Reason for the notification
a)	Position/status	Chief Executive Officer / Director
b)	Initial notification /Amendment	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 £0.05 each
b)	Identification code	ISIN: GB00B04V1276
c)	Nature of the transaction	Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus Share Plan
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £nil	1.  70,844
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	11 December 2023
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rob Hudson
2	Reason for the notification
a)	Position/status	Chief Financial Officer / Director
b)	Initial notification /Amendment	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 £0.05 each
b)	Identification code	ISIN: GB00B04V1276
c)	Nature of the transaction	Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus Share Plan
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £nil	1.  48,257
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	11 December 2023
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Keaveney
2	Reason for the notification
a)	Position/status	Director of Land and Development / PDMR
b)	Initial notification /Amendment	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 £0.05 each
b)	Identification code	ISIN: GB00B04V1276
c)	Nature of the transaction	Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus Share Plan
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £nil	1. 17,969
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	11 December 2023
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Eliza Pattinson
2	Reason for the notification
a)	Position/status	Director of Operations and Asset Management / PDMR
b)	Initial notification /Amendment	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 £0.05 each
b)	Identification code	ISIN: GB00B04V1276
c)	Nature of the transaction	Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus Share Plan
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  £nil	1. 17,496
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	11 December 2023
g)	Place of the transaction	Outside a trading venue

 

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