Director's Dealing • Jul 3, 2019
Director's Dealing
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RNS Number : 4081E
Grainger PLC
03 July 2019
Grainger plc
("Grainger" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
The Company was notified on 3 July 2019, that the following transactions have taken place in relation to the Grainger Share Incentive Plan ("SIP") on 1 July 2019. The SIP is an all-employee plan approved by HM Revenue and Customs, under which employees are able to receive allocations of free 5p ordinary shares in the Company ("Ordinary Shares").
A total of 78,039 Ordinary Shares were purchased at a price of 248.95p per share on 1 July 2019 ("Free Shares"). The Free Shares were allocated to all employees participating in the SIP as Free Shares and registered in the name of Link Asset Services Trustees Ltd.
Helen Gordon, Vanessa Simms, Andrew Saunderson and Michael Keaveney, who are directors and/or persons discharging managerial responsibilities, were also allocated Free Shares as participants in the SIP, for no consideration as detailed below.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides 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 | Helen Gordon | |
| 2 | Reason for the notification | ||
| a) | Position/status | CEO/ 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 | Acquisition of Free Shares under the Grainger plc Share Incentive Plan | |
| d) | Price and volumes | Price: £2.4895 Volumes: 723 Ordinary Shares |
|
| d) | Aggregated information - Aggregated volume - Price |
N/A | |
| e) | Date of the transaction | 1 July 2019 | |
| f) | Place of the transaction | London Stock Exchange | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Names | Vanessa Simms | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| 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 | Acquisition of Free Shares under the Grainger plc Share Incentive Plan | |
| d) | Price and volumes | Price: £2.4895 Volumes: 723 Ordinary Shares |
|
| d) | Aggregated information - Aggregated volume - Price |
N/A | |
| e) | Date of the transaction | 1 July 2019 | |
| f) | Place of the transaction | London Stock Exchange | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Names | Andrew Saunderson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director of Investments/PDMR | |
| 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 | Acquisition of Free Shares under the Grainger plc Share Incentive Plan | |
| d) | Price and volumes | Price: £2.4895 Volumes: 723 Ordinary Shares |
|
| d) | Aggregated information - Aggregated volume - Price |
N/A | |
| e) | Date of the transaction | 1 July 2019 | |
| f) | Place of the transaction | London Stock Exchange | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Names | Michael Keaveney | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director of Land and Development/PDMR | |
| 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 | Acquisition of Free Shares under the Grainger plc Share Incentive Plan | |
| d) | Price and volumes | Price: £2.4895 Volumes: 723 Ordinary Shares |
|
| d) | Aggregated information - Aggregated volume - Price |
N/A | |
| e) | Date of the transaction | 1 July 2019 | |
| f) | Place of the transaction | London Stock Exchange | |
Name of authorised official of issuer responsible for making notification.
Adam McGhin
Group General Counsel and Company Secretary
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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