Director's Dealing • Apr 3, 2018
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
RNS Number : 6951J
Persimmon PLC
03 April 2018
3 April 2018
Persimmon Plc (the "Company")
Director/PDMR Shareholding
On 29 March 2018, Dave Jenkinson, Group Managing Director exercised an award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP"). Dave Jenkinson received 255,437 shares, net of the option exercise price and net of his income tax and National Insurance liability.
Also on 29 March 2018 Dave Jenkinson sold 127,722 shares, he is required to hold the remaining 127,715 shares under the rules of the 2012 LTIP for at least twelve months. Following these transactions Dave Jenkinson's total interests in the Company has increased to 173,453 shares.
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| a) | Name | Dave Jenkinson | ||||||||
| 2 | Reason for the notification | |||||||||
| a) | Position/status | Group Managing Director | ||||||||
| b) | Initial notification /Amendment | Initial notification | ||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| a) | Name | Persimmon Plc | ||||||||
| b) | LEI | 213800XI72Y57UWN6F31 | ||||||||
| 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 | |||||||||
| Transaction 1 | ||||||||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 10p each | ||||||||
| Identification code | GB0006825383 | |||||||||
| b) | Nature of the transaction | Acquisition of shares pursuant to the exercise of an option under the Persimmon Plc 2012 Long Term Incentive Plan | ||||||||
| c) | Price(s) and volume(s) | |||||||||
| Price(s) | Volume(s) | |||||||||
| Nil | 481,957 | |||||||||
| d) | Aggregated information | N/a single transaction | ||||||||
| - Aggregated volume | ||||||||||
| - Price | ||||||||||
| e) | Date of the transaction | 29/03/2018 | ||||||||
| f) | Place of the transaction | Outside of a main market | ||||||||
| 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 | |||||||||
| Transaction 2 | ||||||||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 10p each | ||||||||
| Identification code | GB0006825383 | |||||||||
| b) | Nature of the transaction | Transfer of shares to the Company's employee benefit trust acquired pursuant to the exercise of an option under the 2012 LTIP in satisfaction of the tax liability arising on the exercise. | ||||||||
| c) | Price(s) and volume(s) | |||||||||
| Price(s) | Volume(s) | |||||||||
| £25.30 | 226,520 | |||||||||
| d) | Aggregated information | N/A Single transaction | ||||||||
| - Aggregated volume | ||||||||||
| - Price | ||||||||||
| e) | Date of the transaction | 29/03/2018 | ||||||||
| f) | Place of the transaction | Outside of a main market | ||||||||
| Transaction 3 | ||||||||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 10p each | ||||||||
| Identification code | GB0006825383 | |||||||||
| b) | Nature of the transaction | Sale of shares following the exercise of an option under the 2012 LTIP | ||||||||
| c) | Price(s) and volume(s) | |||||||||
| Price(s) | Volume(s) | |||||||||
| £25.3403 | 127,722 | |||||||||
| d) | Aggregated information | N/A Single transaction | ||||||||
| - Aggregated volume | ||||||||||
| - Price | ||||||||||
| e) | Date of the transaction | 29/03/2018 | ||||||||
| f) | Place of the transaction | London Stock Exchange (XLON); Main Market | ||||||||
Tracy Davison
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEASLDEAPPEFF
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.