Director/PDMR Shareholding

RNS Number : 1689E

Taylor Wimpey PLC

01 April 2011

 



Taylor Wimpey plc: Director and PDMR Shareholdings

Taylor Wimpey Performance Share Plan ("TWPSP") - 2011 Awards

Conditional performance share awards have today been granted to two Executive Directors and one Person Discharging Managerial Responsibility ("PDMR") as set out in the table below.

Name                         Director/ PDMR           TWPSP Shares Awarded 

Pete Redfern               Director                      3,484,701         

Ryan Mangold             Director                      1,418,771          

James Jordan              PDMR                       1,617,897

The price used to calculate the above awards was 41.18 pence being the average mid-market close price for Taylor Wimpey plc 1p Ordinary Shares for the three days prior to the date of these awards on 1 April 2011.

The vesting of awards under the TWPSP will be subject to the achievement of performance criteria based on Total Shareholder Return, Return on Capital Employed and Margin, which will be measured at the end of the applicable three year performance period.

James Jordan

Group Company Secretary and General Counsel

1 April 2011

 

END

 

 

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