Director/PDMR Shareholding

RNS Number : 4340G
Howden Joinery Group PLC
01 March 2018
 

1 March 2018

 

HOWDEN JOINERY GROUP PLC

(the "Company")

 

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

Grants under Howden Joinery Group plc Recruitment Plan

 

The Company announces that today it granted the following awards over ordinary shares of the Company to Andrew Livingston, the Chief Executive Officer Designate and a Person Discharging Managerial Responsibilities ("PDMR"), under the Company's Recruitment Plan.

 

Number of ordinary shares granted

Maturity Date

Additional holding period following maturity

24,259

31 March 2018

None

39,666

31 March 2018

2 years

67,714

31 March 2018

2 years

21,692

1 March 2019

None

47,705

1 March 2019

2 years

48,294

1 March 2020

2 years

 

Mr Livingston joined the Company on 29 January 2018 and forfeited a number of awards from his previous employment upon leaving that role, including performance based awards and awards of restricted shares not subject to performance conditions. As per our approved recruitment policy, these awards have been replaced with awards of restricted shares, with equivalent remaining periods to release of the awards foregone and equivalent expected value.

 

The Notification of Dealing Form for the above grants may be found below. This notification is provided in accordance with the requirements of the EU Market Abuse Regulation.

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Livingston

2

Reason for the notification

a)

Position/status

Chief Executive Officer Designate

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction

Grant of share awards over ordinary shares under the rules of the Howden Joinery Group plc Recruitment Plan


Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2018-03-01

Outside a trading venue


Individual transactions

Price(s)

Volume(s)

Total

GBP nil

24,259

n/a

GBP nil

39,666

n/a

GBP nil

67,714

n/a

GBP nil

21,692

n/a

GBP nil

47,705

n/a

GBP nil

48,294

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

249,330

n/a

 

 

Enquiries

Forbes McNaughton, Company Secretary:                            020 7535 1137

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFFSVEILIIT
UK 100

Latest directors dealings