Grainger PLC

Director's Dealing • Jan 16, 2025

National Storage Mechanism | Additional information

RNS Number : 6593T

Grainger PLC

16 January 2025

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Grainger announces that pursuant to the Company's Deferred Bonus Share Plan ("DBSP") Helen Gordon (Group CEO) and Eliza Patterson (PDMR) have completed the following exercise of awards and sale of the resulting ordinary shares of 5 pence each in the Company ("Shares").

The sale of Shares took place between 10th and 15th January 2025 at an average price of £2.153.

	Award	Number of vested Shares subject to exercised award (including dividend equivalent Shares)	Number of Shares sold	Number of Shares retained
Helen Gordon	2019 DBSP	17,340	8,179	9,142
2020 DBSP	46,100	21,813	24,306
2021 DBSP	40,920	19,345	21,575
Eliza Pattinson	2021 DBSP	5,255	5,255	-
2021 LTIP	11,603	11,603	-

The sale of Shares by Helen and Eliza included the sale of Shares to fund the income tax and NIC liability arising from the related award exercises.  Following these transactions Helen's total shareholding is 662,433 and this includes (a) Shares held by Link Market Services Trustees and held pursuant to Grainger's Share Incentive Plan (SIP); and (b) Shares held both legally and beneficially by Helen. 

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide 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)

Name 

Helen Gordon

2

Reason for the notification

a)

Position/status

Group 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 

Exercise of 1) 2019 DBSP and 2) 2020 DBSP award and 3) 2021 DBSP

d)

Price and volumes

	Price(s)	Volume(s)
1)	Nil	17,340
2)	Nil	46,100
3)	Nil	40,920

d)

Aggregated information 

- Aggregated volume

- Price

Price	Aggregate Volume
Nil	104,360

e)

Date of the transaction 

Between 10 and 15 January 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated  

a)

Name 

Helen Gordon

2

Reason for the notification

a)

Position/status

Group 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 

Sale of shares resulting from exercise of 2019 DBSP; 2020 DBSP and 2021 DBSP awards to fund payment of income tax and NIC liability arising on exercise.

d)

Price and volumes

Price(s)	Volume(s)
2.155	29,992
2.15	19,345

d)

Aggregated information 

- Aggregated volume

- Price

Price	Aggregate Volume
2.153	49,337

e)

Date of the transaction 

14 and 15 January 2025

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated  

a)

Name 

Eliza Pattinson

2

Reason for the notification

a)

Position/status

Director of Operations and Asset Management

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 

Exercise of 1) 2021DBSP; and 2) 2021 LTIP award

d)

Price and volumes

Price(s)	Volume(s)
Nil	5,255
Nil	11,603

d)

Aggregated information 

- Aggregated volume

- Price

Price	Aggregate Volume
Nil	16,858

e)

Date of the transaction 

Between 10 and 15 January 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated  

a)

Name 

Eliza Pattinson

2

Reason for the notification

a)

Position/status

Director of Operations and Asset Management

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 

Sale of shares resulting from exercise of 2021 DBSP award

d)

Price and volumes

Price(s)	Volume(s)
2.155	5,255
2.15	11,603

d)

Aggregated information 

- Aggregated volume

- Price

Price	Aggregate Volume
2.152	16,858

e)

Date of the transaction 

14 and 15 January 2025

f)

Place of the transaction

London Stock Exchange

Name of authorised official of issuer responsible for making notification:

Sapna B FitzGerald, 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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHGPUWUGUPAGQQ