Director/PDMR Shareholding

RNS Number : 1156P

Persimmon PLC

05 June 2020

 

5 June 2020

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 3 June 2020, Dave Jenkinson, Group Chief Executive, exercised his remaining award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP").

Dave Jenkinson received 89,581 shares, net of income tax and national insurance liabilities. Under the rules of the 2012 LTIP Dave Jenkinson is required to hold 50% of the shares received for at least twelve months. Consequently, Dave Jenkinson will hold 44,791 shares until at least 3 June 2021.

In addition, Dave Jenkinson sold 89,581 shares at a price of £24.7688 per share.

Following these transactions, Dave Jenkinson holds 783,290 shares in the Company including 44,791 shares to be held until at least 3 June 2021.

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 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		169,022
d)		Aggregated information
		- Aggregated volume			N/A Single transaction
		- Price			N/A Single transaction
e)		Date of the transaction			03/06/2020
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)
							£24.78		79,441
d)		Aggregated information
		- Aggregated volume				N/A Single transaction
		- Price				N/A Single transaction
e)		Date of the transaction				03/06/2020
f)		Place of the transaction				Outside of 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
c)		Price(s) and volume(s)
							Price(s)		Volume(s)
							£24.7688		89,581
d)		Aggregated information
		- Aggregated volume				N/A Single transaction
		- Price				N/A Single transaction
e)		Date of the transaction				03/06/2020
f)		Place of the transaction				Main Market

Tracy Davison

Company Secretary

 

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