Travis Perkins (TPK)
Travis Perkins plc (the "Company") announces that on 14 June 2021 (the "Grant Date") the following awards in respect of ordinary shares of 11.205105p each in the Company ("Shares") were made by way of conditional awards under the Travis Perkins Restricted Share Plan to the persons named below. The number of shares subject to the options awarded has been calculated using a share price of £16.2550 (being the closing price of the Company's Shares on the dealing day immediately preceding the Grant Date).
The options awarded to Nick Roberts and Alan Williams shall comprise two tranches of which 75% percent of the award shall vest on 1 March 2024, subject to the satisfaction of performance underpins, and will normally be exercisable from 1 March 2026 after the completion of a two year holding period following vesting. The remaining 25% of the award shall vest on 1 March 2026, subject to the satisfaction of performance underpins. If the options vest they will be exercisable until the tenth anniversary of the Grant Date.
The options awarded to Robin Miller shall vest on 1 March 2024, subject to the satisfaction of performance underpins. If the options vest they will be exercisable until the tenth anniversary of the grant date.
In the event that dividends are paid in the period between grant and the end of the holding period, the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.
The Notification of Dealing Form for these transactions can be found below. This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.
For further information please contact:
Lindi Pratt Assistant Company Secretary T: +44 (0)7471140065 E: lindi.pratt@travisperkins.co.uk
Notification of Dealing Form
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ISIN: | GB00BK9RKT01 |
Category Code: | DSH |
TIDM: | TPK |
LEI Code: | 2138001I27OUBAF22K83 |
OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
Sequence No.: | 111467 |
EQS News ID: | 1208300 |
End of Announcement | EQS News Service |
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