Director/PDMR Shareholding

RNS Number : 2844R

Grainger PLC

20 September 2017

 

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

The Company announces that following the maturity of the Company's 2012 5 year Save As You Earn Share Scheme award, Nick Jopling, who is a director and person discharging managerial responsibilities, has exercised his options over 21,770 shares at a price of £0.689 per share ("Shares"). The Shares are allotted by Capita, the Company's registrars in accordance with the scheme rules.

As a result of the above transaction, the interests of Nick Jopling, and their connected persons in the Company's ordinary share capital (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trust) are as follows:

Director/PDMR	Number of shares acquired	Total holdings following notification
Nick Jopling	21,770	831,525

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Nick Jopling
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Grainger plc
b)	LEI		2138007CEIRKZMNI2979
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument		Ordinary Shares of 5p each in Grainger plc
b)	Identification code		GB00B04V1276
c)	Nature of the transaction		Exercise of share options under the Grainger  2012 Save as You Earn Share Scheme
d)	Price and volumes		Price : £0.689 Volumes: 21,770 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price		N/A
e)	Date of the transaction		20 September 2017
f)	Place of the transaction		Outside a trading venue

Name of authorised official of issuer responsible for making notification.

Adam McGhin

Group General Counsel and Company Secretary

 

END

 

 

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