Director/PDMR Shareholding

RNS Number : 6951J

Persimmon PLC

03 April 2018

 

3 April 2018

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 29 March 2018, Dave Jenkinson, Group Managing Director exercised an award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP").  Dave Jenkinson received 255,437 shares, net of the option exercise price and net of his income tax and National Insurance liability. 

Also on 29 March 2018 Dave Jenkinson sold 127,722 shares, he is required to hold the remaining 127,715 shares under the rules of the 2012 LTIP for at least twelve months.  Following these transactions Dave Jenkinson's total interests in the Company has increased to 173,453 shares.

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name		Dave Jenkinson
2		Reason for the notification
a)		Position/status		Group Managing Director
b)		Initial notification /Amendment		Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Persimmon Plc
b)		LEI		213800XI72Y57UWN6F31
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
		Transaction 1
a)		Description of the financial instrument, type of instrument		Ordinary shares of 10p each
		Identification code		GB0006825383
b)		Nature of the transaction		Acquisition of shares pursuant to the exercise of an option under the Persimmon Plc 2012 Long Term Incentive Plan
c)		Price(s) and volume(s)
					Price(s)		Volume(s)
					Nil		481,957
d)		Aggregated information		N/a single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction		29/03/2018
f)		Place of the transaction		Outside of a main market
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
	Transaction 2
a)		Description of the financial instrument, type of instrument			Ordinary shares of 10p each
		Identification code			GB0006825383
b)		Nature of the transaction			Transfer of shares to the Company's employee benefit trust acquired pursuant to the exercise of an option under the 2012 LTIP in satisfaction of the tax liability arising on the exercise.
c)		Price(s) and volume(s)
						Price(s)		Volume(s)
						£25.30		226,520
d)		Aggregated information			N/A Single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction			29/03/2018
f)		Place of the transaction			Outside of a main market
		Transaction 3
a)		Description of the financial instrument, type of instrument			Ordinary shares of 10p each
		Identification code			GB0006825383
b)		Nature of the transaction			Sale of shares following the exercise of an option under the 2012 LTIP
c)		Price(s) and volume(s)
						Price(s)		Volume(s)
						£25.3403		127,722
d)		Aggregated information			N/A Single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction			29/03/2018
f)		Place of the transaction			London Stock Exchange (XLON); Main Market

Tracy Davison

Company Secretary

 

END

 

 

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