Director/PDMR Shareholding

RNS Number : 0518C

Travis Perkins PLC

11 March 2014

 



Travis Perkins plc

Notification of Director or PDMR share interest

The following amendment has been made to the Notification of Director or PDMR share interest announcement released on 10 March 2014 at 15:45 under RNS No 9441B.

Martin Meech's beneficial interest  should have read 51,494 shares.

All other details remain unchanged.

The full amended text is shown below.

The board of Travis Perkins plc ("the Company") announces that on 7 March 2014, the following awards in respect of ordinary shares of 10p each in the Company ("shares") were made (by way of nil cost option) under the Deferred Share Bonus Plan to the persons named below.

Name	Status	Number of Shares
John Carter	Director	13,553*
Tony Buffin	Director	10,014*
Norman Bell	PDMR	2,403
Carol Kavanagh	PDMR	2,198
Martin Meech	PDMR	2,464
Robin Proctor	PDMR	1,824
Paul Tallentire	PDMR	2,905
Arthur Davidson	PDMR	2,971
Frank Elkins	PDMR	1,976
Ian Preedy	PDMR	1,649

The options over these shares will normally be exercisable from 7 March 2017, subject to continued employment.

*Options over 50% of these shares will normally be exercisable on the 7 March 2016, the remaining options will be exercisable from 7 March 2017, subject to continued employment and satisfaction of forfeiture conditions.

The board of Travis Perkins plc ("the Company") has also been notified today of the exercise and sale  on 7 March 2014 by Martin Meech, PDMR, of 6,605 ordinary shares of 10p each in the Company ("shares"), at a price of 1899.8395p following his exercise of nil cost options under the Deferred Share Bonus Plan and 9,306 shares under the Travis Perkins Performance Share Plan at a price of 1899.8395p.

The purpose of the exercises and sales is for Martin Meech to reinvest the monies into the forthcoming Share Matching Award.

As a result of these exercises and sales, Martin Meech's beneficial interest is  51,494 shares.

In the case of queries, please contact:
Deborah Grimason      Company Secretary                             01604 683040
Stella Girvin                 Deputy Company Secretary                 01604 683015
Anthony Kemp             Assistant Company Secretary             01604 683017

10 March 2014

 

END

 

 

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