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Howden Joinery Grp (HWDN)

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Monday 29 July, 2019

Howden Joinery Grp

Director/PDMR Shareholding

RNS Number : 0732H
Howden Joinery Group PLC
29 July 2019
 

HOWDEN JOINERY GROUP PLC

(the "Company")

 

NOTIFICATION OF TRANSACTION IN SHARES BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

 

 

Grant under the 2019 Howdens Long Term Incentive Plan ("LTIP")

 

The Company announces that today it granted the following Performance Share Plan (PSP) award over ordinary shares of the Company to Mark Slater, a director of Howden Joinery Limited and a Person Discharging Managerial Responsibilities ("PDMR"), under the LTIP:

 

Number of ordinary shares under award

Maturity Date

Additional holding period following maturity

83,565

29 July 2022

2 years

 

The award will vest after a three year period subject to certain performance conditions being met. A further two year holding period will then apply to any shares Mr Slater is entitled to acquire on vesting.

 

The Notification of Dealing Forms for the above grant may be found below. This notification is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Slater

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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 10 pence each

 

Identification code

GB0005576813

b)

Nature of the transaction

Grant of conditional share awards over ordinary shares under the rules of the Howdens Long Term Incentive Plan

c)

Price(s) and volume(s)

Price

Volume

Nil

83,565

d)

Aggregated information
- Aggregated volume
- Price

Price

Aggregated Volume

Nil

83,565

e)

Date of the transaction

2019-07-29

f)

Place of the transaction

Outside a trading venue

 

 

Enquiries

Forbes McNaughton, Company Secretary:                           020 7535 1137

 


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