Director/PDMR Shareholding

RNS Number : 6986Y
Taylor Wimpey PLC
05 March 2012
 



 

Taylor Wimpey PLC

 

05 March 2012

 



 

Directors' Shareholdings

 

Taylor Wimpey Performance Share Plan ("TWPSP") - 2012 Awards

 

Conditional performance share awards have today been granted to three Executive Directors as set out in the table below.

 

Name                         Director         TWPSP Shares Awarded 

 

Pete Redfern             Director                    2,906,623         

 

Ryan Mangold           Director                    1,183,410          

 

James Jordan            Director                    1,349,503

 

The price used to calculate the above awards was 49.37 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 5 March 2012.

 

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 Legal Director and Company Secretary

5 March 2012

 


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