Director/PDMR Shareholding

RNS Number : 0400P

Persimmon PLC

18 October 2012

 

18 October 2012

LTIP AWARDS

Persimmon Plc ("the Company") announces that on 17 October 2012 the following grants of options were made to executive directors under the Persimmon Plc 2012 Long Term Incentive Plan (the "Plan").

Name	Number of ordinary shares	Initial Option Exercise Price
M P Farley	4,832,000	£6.20
M H Killoran	3,382,400	£6.20
J Fairburn	2,416,000	£6.20

These awards are subject to the performance condition set out in the rules of the Plan and may vest up to 40% in 2017 and the remainder in 2021.

As a result of the above, the directors hold options/awards over the following number of ordinary shares granted under the Company's various share schemes:-

Name	Number of shares
M P Farley	5,643,892
M H Killoran	3,767,939
J Fairburn	2,646,590

The issued share capital of the Company on 18 October 2012 is 302,738,957 ordinary shares.

G N Francis

Group Company Secretary

 

END

 

 

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