Director/PDMR Shareholding

RNS Number : 4670I

Taylor Wimpey PLC

25 March 2015

 



TAYLOR WIMPEY PLC - DIRECTORS' SHARE DEALINGS

Taylor Wimpey plc (the Company) announces that following the expiry of the three year qualifying period applicable to the 2012 deferral of the 2011 cash bonus award, including DRIP dividend shares added during the three year qualifying period, pursuant to the rules of the Taylor Wimpey Executive Incentive Plan "EIS", the shares have been released as nil cost options and 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
		EIS		EIS				EIS
Number of share options exercised		387,541		157,784				179,930
Shares sold to meet tax and NI liability, and dealing costs		(182,602)		(74,345)				(84,780)
Other shares sold		N/A		N/A				(47,575)
Total shares acquired and retained by Director		204,939		83,439				47,575

The above transactions were carried out in London at an average price of 159.19 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	3,124,555	643%	3,329,494	685%
Ryan Mangold	806,792	361%	890,231	398%
James Jordan	1,511,995	670%	1,559,570	692%

*based on the price of 159.19 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

25 March 2015  

 

END

 

 

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