Director/PDMR Shareholding

RNS Number : 9425G
Taylor Wimpey PLC
09 March 2015
 



Taylor Wimpey plc

 

9 March 2015

 

 

Directors' Shareholdings

Taylor Wimpey Performance Share Plan ("TWPSP") - 2015 Awards

Conditional Performance Share Awards have today been granted to three Executive Directors under the TWPSP as set out below:

 

                                                            TWPSP  shares         TWPSP shares

Name                          Director          awarded today             held in total in

unvested PSP awards

(incl. this new Award)

 

Pete Redfern               Director                 1,035,958                 6,949,935

Ryan Mangold             Director                   476,965                  2,992,461

James Jordan             Director                   480,980                  3,226,754    

 

The price used to calculate the above Awards was 149.17 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 9 March 2015.

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 Company Cash Conversion performance, and will be measured at the end of the applicable three year performance period.

 

James Jordan

Group Legal Director and Company Secretary

9 March 2015

 

 


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