Director/PDMR Shareholding

Grainger PLC

16 January 2025

 

Grainger plc

("Grainger" or the "Company")

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

Grainger announces that pursuant to the Company's Deferred Bonus Share Plan ("DBSP") Helen Gordon (Group CEO) and Eliza Patterson (PDMR) have completed the following exercise of awards and sale of the resulting ordinary shares of 5 pence each in the Company ("Shares").

The sale of Shares took place between 10^th and 15^th January 2025 at an average price of £2.153.

	Award	Number of vested Shares subject to exercised award (including dividend equivalent Shares)	Number of Shares sold	Number of Shares retained
Helen Gordon	2019 DBSP	17,340	8,179	9,142
	2020 DBSP	46,100	21,813	24,306
	2021 DBSP	40,920	19,345	21,575
Eliza Pattinson	2021 DBSP	5,255	5,255	-
	2021 LTIP	11,603	11,603	-

The sale of Shares by Helen and Eliza included the sale of Shares to fund the income tax and NIC liability arising from the related award exercises.  Following these transactions Helen's total shareholding is 662,433 and this includes (a) Shares held by Link Market Services Trustees and held pursuant to Grainger's Share Incentive Plan (SIP); and (b) Shares held both legally and beneficially by Helen. 

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide 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)	Name	Helen Gordon
2	Reason for the notification
a)	Position/status	Group 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		Exercise of 1) 2019 DBSP and 2) 2020 DBSP award and 3) 2021 DBSP
d)	Price and volumes		Price(s) Volume(s) 1) Nil 17,340 2) Nil 46,100 3) Nil 40,920
d)	Aggregated information  - Aggregated volume - Price		Price Aggregate Volume Nil 104,360
e)	Date of the transaction		Between 10 and 15 January 2025
f)	Place of the transaction		Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Helen Gordon
2	Reason for the notification
a)	Position/status	Group 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		Sale of shares resulting from exercise of 2019 DBSP; 2020 DBSP and 2021 DBSP awards to fund payment of income tax and NIC liability arising on exercise.
d)	Price and volumes		Price(s) Volume(s) 2.155 29,992 2.15 19,345
d)	Aggregated information  - Aggregated volume - Price		Price Aggregate Volume 2.153 49,337
e)	Date of the transaction		14 and 15 January 2025
f)	Place of the transaction		London Stock Exchange

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
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		Exercise of 1) 2021DBSP; and 2) 2021 LTIP award
d)	Price and volumes		Price(s) Volume(s) Nil 5,255 Nil 11,603
d)	Aggregated information  - Aggregated volume - Price		Price Aggregate Volume Nil 16,858
e)	Date of the transaction		Between 10 and 15 January 2025
f)	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
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		Sale of shares resulting from exercise of 2021 DBSP award
d)	Price and volumes		Price(s) Volume(s) 2.155 5,255 2.15 11,603
d)	Aggregated information  - Aggregated volume - Price		Price Aggregate Volume 2.152 16,858
e)	Date of the transaction		14 and 15 January 2025
f)	Place of the transaction		London Stock Exchange

Name of authorised official of issuer responsible for making notification:

Sapna B FitzGerald, Group General Counsel and Company Secretary

 

END