Director/PDMR Shareholding

RNS Number : 2620R

Persimmon PLC

13 June 2018

 

13 June 2018

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 11 June 2018, Jeff Fairburn, Group Chief Executive, and Mike Killoran, Group Finance Director, exercised awards under the Company's 2012 Long Term Incentive Plan ("2012 LTIP"). 

Jeff Fairburn and Mike Killoran received 510,400 and 714,561 shares respectively, both net of the applicable option exercise price and their respective income tax and National Insurance liabilities.

Neither Jeff Fairburn nor Mike Killoran sold any of the shares received. Under the rules of the 2012 LTIP, both are required to hold 50% of the shares received for at least twelve months.

Additionally, on 11 June 2018 Jeff Fairburn transferred 117,865 shares in the Company to his wife, Jayne Fairburn.

Following these transactions the total interests in the Company of Jeff Fairburn and Mike Killoran (and their Closely Associated Persons) have increased to 710,330 shares and 1,385,248 shares respectively.

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		Jeff Fairburn
2		Reason for the notification
a)		Position/status		Group Chief Executive
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		963,020
d)		Aggregated information		N/a single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction		11/06/2018
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 to the company's employee benefit trust of shares 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)
						£28.60		452,620
d)		Aggregated information			N/A Single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction			11/06/2018
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 3
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 spouse
c)		Price(s) and volume(s)
					Price(s)		Volume(s)
					Nil		117,865
d)		Aggregated information		N/a single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction		11/06/2018
f)		Place of the transaction		Outside of a main market

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name		Mike Killoran
2		Reason for the notification
a)		Position/status		Group Finance 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		1,348,229
d)		Aggregated information		N/a single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction		11/06/2018
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 to the company's employee benefit trust of shares 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)
						£28.60		633,668
d)		Aggregated information			N/A Single transaction
		- Aggregated volume
		- Price
e)		Date of the transaction			11/06/2018
f)		Place of the transaction			Outside of a main market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jayne Fairburn
2	Reason for the notification
a)	Position/status	Closely associated person of Jeff Fairburn, Group Chief Executive
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 from spouse
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	117,865
d)	Aggregated information	N/a single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	11/06/2018
f)	Place of the transaction	Outside of a main market

Tracy Davison

Company Secretary

 

END

 

 

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