Director/PDMR Shareholding

RNS Number : 6896Q

Taylor Wimpey PLC

06 August 2010

 



6 August 2010

Taylor Wimpey PLC (the "Company")

Director and PDMR Shareholdings - 2010 Long Term Incentive Plan Awards 

Further to its announcement on 22 March 2010 the Company now announces the second instalment of conditional awards made under the Taylor Wimpey Performance Share Plan ("TWPSP") granted today to three Executive Directors and one Person Discharging Managerial Responsibility ("PDMR") as set out in the table below:

Name	Director/PDMR	Number of TWPSP Shares Awarded	Resulting number of TWPSP Shares Held
Pete Redfern	Director	2,012,779	5,826,710
Chris Rickard	Director	1,092,651	6,261,995
Sheryl Palmer	Director	580,974	1,592,261
James Jordan	PDMR	700,878	2,028,942

The price used to calculate the above awards was 31.3 pence being the average mid-market close price for Taylor Wimpey plc 1p Ordinary Shares for the three business days prior to the date of these awards on 6 August 2010.

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

James Jordan  

Group Company Secretary & General Counsel  

 

END

 

 

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