Director/PDMR Shareholding

RNS Number : 0816H

Taylor Wimpey PLC

10 March 2015

 



TAYLOR WIMPEY PLC - DIRECTORS' SHARE DEALINGS

Taylor Wimpey plc (the Company) announces that following the achievement of performance conditions, and consequent partial vesting, of nil cost options granted on 5 March 2012 under the Taylor Wimpey Performance Share Plan "PSP", the Directors of the Company named below have today carried-out the following transactions in accordance with applicable Company shareholding guidelines:

	Pete Redfern			Ryan Mangold			James Jordan
		PSP		PSP				PSP
Number of share options exercised		2,742,687		1,116,665				1,273,388
Shares sold to meet tax and NI liability, and dealing costs		(1,292,295)		(526,149)				(599,994)
Other shares sold		(1,015,274)		(420,516)				(471,375)
Total shares acquired and retained by Director		435,118		170,000				202,019

The above transactions were carried out in London at an average price of 145.97 pence per share.

As a result of the transactions the shareholdings of the Directors in the shares of the Company have increased as follows:

	Holding   prior to above dealings	% of shareholding to salary prior to above dealings	Holding after above dealings	% of shareholding to salary*
Pete Redfern	2,689,437	508%	3,124,555	590%
Ryan Mangold	636,792	261%	806,792	331%
James Jordan	1,309,976	533%	1,511,995	615%

*based on the price of 145.97 pence at which the above transactions were carried out, and excluding deferred shares held on trust under the EIS.

James J Jordan

Group Legal Director and Company Secretary

10 March 2015  

 

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