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Howden Joinery Group PLC — Director's Dealing 2019
Jul 29, 2019
4653_dirs_2019-07-29_2a96a15d-1966-45a7-8009-93f8ffdb6bcd.html
Director's Dealing
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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
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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