Director/PDMR Shareholding

RNS Number : 2291Z
Taylor Wimpey PLC
13 March 2012
 

Taylor Wimpey plc

 

Taylor Wimpey Employee Share Ownership Trusts

 

 

Share Acquisitions

 

Taylor Wimpey plc's Employee Share Ownership Trust 2004 has acquired 10,208,643 1p ordinary shares ("Shares") on the London Stock Exchange.

 

8,000,000 Shares were acquired at an average acquisition cost per share of 48.765p net of expenses.

 

2,208,643 Shares were acquired at an average acquisition cost per share of 49.75p net of expenses.

 

These Shares will be used to meet the valid exercise or vesting of options or awards over Shares granted under the terms of the Company's various share plans.

 

Following this transaction, Taylor Wimpey's Employee Share Ownership Trust 1995 ("ESOT 1") holds 1,986,181 Shares and Taylor Wimpey's Employee Share Ownership Trust 2004 ("ESOT 2") holds 10,331,493 Shares.

 

Each of the executive directors of the Company is a potential beneficiary under both ESOT 1 and ESOT 2 and therefore is regarded as having a notional interest in the current holding of each ESOT.

 

 

 

James Jordan

Group Legal Director and Company Secretary

Taylor Wimpey plc

 

13 March 2012

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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