AI Terminal
Persimmon PLC
Director's Dealing • Mar 25, 2025
4683_dirs_2025-03-25_968125d6-a4dd-42d0-a387-6f2946bd3714.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 1139C
Persimmon PLC
25 March 2025
25 March 2025
Persimmon Plc (the "Company")
Director/PDMR Shareholding
Persimmon Plc announces that on 24 March 2025 an award was granted to each of Dean Finch, Group Chief Executive, and Andrew Duxbury, Chief Financial Officer, over 135,040 and 88,621 shares respectively, under the Persimmon Plc 2017 Performance Share Plan. The three-year performance period will run from 1 January 2025 to 31 December 2027 and there is a further two-year holding period before the shares can be released to the Executive Directors.
Also on 24 March 2025 Dean Finch acquired 16,655 shares in the Company following the vesting of his 2020 Performance Share Plan award and 36,776 shares under the vesting of his 2021 Deferred Bonus Plan award, granted in 2022. He subsequently sold 25,151 of those shares to satisfy the tax liability arising on the exercise of his awards. The number of shares acquired includes shares awarded for dividend equivalents between the date of grant and date of vesting.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Dean Finch | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Group Chief Executive | |||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
| Identification code | GB0006825383 | ||||
| b) | Nature of the transaction | Grant of award made under the 2017 Performance Share Plan subject to performance criteria. |
|||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nil | 135,040 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A Single transaction | ||||
| - Price | N/A Single transaction | ||||
| e) | Date of the transaction | 24 March 2025 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Andrew Duxbury | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial Officer | |||
| 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 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
| Identification code | GB0006825383 | ||||
| b) | Nature of the transaction | Grant of award made under the 2017 Performance Share Plan subject to performance criteria. |
|||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nil | 88,621 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A Single transaction | ||||
| - Price | N/A Single transaction | ||||
| e) | Date of the transaction | 24 March 2025 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Dean Finch | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Group Chief Executive | |||
| 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 following the exercise of an option under the Persimmon Plc 2017 Performance Share Plan granted in 2020. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nil | 16,655 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A Single transaction | ||||
| - Price | N/A Single transaction | ||||
| e) | Date of the transaction | 24 March 2025 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| Transaction 2 | |||||
| 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 following the exercise of an option under the Persimmon 2020 Deferred Bonus Plan granted in 2022. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nil | 36,776 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A Single transaction | ||||
| - Price | N/A Single transaction | ||||
| e) | Date of the transaction | 24 March 2025 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| Transaction 3 | |||||
| a) | Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 10p each GB0006825383 |
|||
| b) | Nature of the transaction | Sale of shares to settle tax liability on exercise of share awards. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £11.755 | 25,151 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A Single transaction | ||||
| - Price | N/A Single transaction | ||||
| e) | Date of the transaction | 24 March 2025 | |||
| f) | Place of the transaction | London Stock Exchange (XLON); Main Market |
Tracy Davison
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.
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
DSHEASDSAFDSEFA