Director/PDMR Shareholding

RNS Number : 6511R
Howden Joinery Group PLC
01 March 2019
 

1 March 2019

 

HOWDEN JOINERY GROUP PLC

(the "Company")

 

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

The Company announces that the following transactions took place today in relation to awards granted over ordinary 10 pence shares of the Company ("Shares") to Andrew Livingston, the Chief Executive Officer and a Person Discharging Managerial Responsibilities ("PDMR"), under the Company's Recruitment Plan:

 

Vesting of Shares granted under the Company's Recruitment Plan

 

Number of Shares which vested

Number of Shares which were sold*

Total Shares released to PDMR following sale

Total Shares subject to additional 2 year holding period

21,692

10,216

11,476

0

47,705

22,467

0

25,238

 

* Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 486.2p.

 

Mr Livingston's total shareholding in the Company following the transactions above is 106,358 Shares (c.0.02% of the issued share capital, exclusive of treasury shares).

 

The Notification of Dealing Form for the transactions above 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

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

Vesting of share awards made 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

2019-03-01

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

69,397

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

69,397

n/a


Nature of transaction

Sale of ordinary shares to cover taxation and administrative costs arising from the vesting of share awards

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2019-03-01

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 4.862

32,683

GBP 158,904.75

Aggregated information

Price

Aggregated Volume

Total

GBP 4.862

32,683

GBP 158,904.75

 

 

Enquiries

Forbes McNaughton, Company Secretary:                           020 7535 1137

 


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END
 
 
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