Director/PDMR Shareholding

RNS Number : 1111C

Wolseley PLC

11 April 2013

 





 

Notification of transactions of Directors/Persons Discharging Managerial Responsibilities

Wolseley plc (the "Company") announces the following change in the interests in the ordinary shares of 10 ⁵/₁₁ pence each in the share capital of the Company (the "Shares").

Following receipt by the Company of an application from an employee relating to the exercise of options under the Wolseley Share Option Plan 2003 ("the Plan"), the Company chose to net settle certain of the options by delivering Shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option Shares).

The following Director/Person Discharging Managerial Responsibility exercised options under the Plan on 10 April 2013. The table below shows the number of options exercised, the total Shares received following net settlement and the number of Shares sold to satisfy payment of income tax and dealing fees.

The options vesting under the Plan were exercised at an option price of £12.69.  The price for disposal of Shares was £31.25.

Director/PDMR	No. of options exercised	Total Shares following net settlement	No. of Shares disposed	Total holding of ordinary Shares as at 10 April 2013 following transaction	Shareholding as percentage of the issued ordinary share capital
CHARLES MORRISON (PDMR)	24,268	14,413	6,798	12,137	0.0044%

The transaction took place on 10 April 2013 in the United Kingdom and the Company was informed on that date.

Wolseley plc

Richard Shoylekov

[phone]

 

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