Director/PDMR Shareholding

RNS Number : 3080R

Taylor Wimpey PLC

07 March 2016

 

Taylor Wimpey plc

7 March 2016

Directors' Shareholdings

Taylor Wimpey Performance Share Plan ("TWPSP") - 2016 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                   888,720                  3,147,424

Ryan Mangold             Director                   446,677                  1,486,605

James Jordan             Director                   412,619                  1,461,302    

The price used to calculate the above Awards was 179.10 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 7 March 2016.

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

7 March 2016

 

END

 

 

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