Bellway PLC

Director's Dealing • Nov 10, 2020

National Storage Mechanism | Additional information

BELLWAY PLC - Director/PDMR Shareholding

PR Newswire

London, November 10

BELLWAY p.l.c. (‘the Company’)

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

10 NOVEMBER 2020

The Company was informed today that under the terms of the Bellway p.l.c. Employee Share Trust (1992) (an arrangement to reward directors and employees) 9,066 ordinary 12.5p shares (including dividend equivalent shares which have accrued between grant and vesting) were issued on 10 November 2020 to Keith Adey for nil consideration under the Bellway p.l.c. (2013) Performance Share Plan.

Mr Adey immediately thereafter sold 4,270 Bellway p.l.c. 12.5p ordinary shares at a price of £28.35 per share to cover income tax and NI liabilities and dealing costs and transferred the balance of 4,796 shares to Mrs Jayne Adey. 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulations.

BELLWAY p.l.c.

NOTIFICATION OF TRANSACTIONS OF

PERSONSDISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1          Keith Adey 2          Jayne Adey
2	Reason for the notification
a)	Position/status	1          Director (PDMR) 2          PCA of PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Bellway p.l.c.
b)	LEI	213800CY4L3HST4FGZ98
4	Details of the transaction(s): section to date; to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	12.5p ordinary shares GB0000904986
b)	Nature of the transaction	1a        Exercise of award granted in November 2017 under the Company’s Performance Share Plan and associated dividend accrual shares. 1b        Sale of shares to cover income tax and NI liability due on the exercise of this award. 1c+2    Transfer of shares to Jayne Adey (PCA).
c)	Price(s) and volume(s)	Price(s)            Volume(s) 1a                    Nil                    9,066 1b                    £28.35             4,270 1c+2                Nil                    4,796
d)	Aggregated information Aggregated volume Price	N/A N/A
e)	Date of the transaction	10 November 2020
f)	Place of the transaction	London Stock Exchange (XLON)

Name of contact and telephone number for queries:

Simon Scougall

Group General Counsel & Company Secretary

Bellway p.l.c.

Tel: 0191 217 0717