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Taylor Wimpey PLC Director's Dealing 2015

Mar 10, 2015

5247_dirs_2015-03-10_253ca82e-a1a9-4074-94e9-d07fac49e119.html

Director's Dealing

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RNS Number : 0816H

Taylor Wimpey PLC

10 March 2015

TAYLOR WIMPEY PLC - DIRECTORS' SHARE DEALINGS

Taylor Wimpey plc (the Company) announces that following the achievement of performance conditions, and consequent partial vesting, of nil cost options granted on 5 March 2012 under the Taylor Wimpey Performance Share Plan "PSP", the Directors of the Company named below have today carried-out the following transactions in accordance with applicable Company shareholding guidelines:

Pete Redfern Ryan Mangold James Jordan
PSP PSP PSP
Number of share options exercised 2,742,687 1,116,665 1,273,388
Shares sold to meet tax and NI liability, and dealing costs (1,292,295) (526,149) (599,994)
Other shares sold (1,015,274) (420,516) (471,375)
Total shares acquired and retained by Director 435,118 170,000 202,019

The above transactions were carried out in London at an average price of 145.97 pence per share.

As a result of the transactions the shareholdings of the Directors in the shares of the Company have increased as follows:

Holding   prior to above dealings % of shareholding to salary prior to above dealings Holding after above dealings % of shareholding to salary*
Pete Redfern 2,689,437 508% 3,124,555 590%
Ryan Mangold 636,792 261% 806,792 331%
James Jordan 1,309,976 533% 1,511,995 615%

*based on the price of 145.97 pence at which the above transactions were carried out, and excluding deferred shares held on trust under the EIS.

James J Jordan

Group Legal Director and Company Secretary

10 March 2015  

This information is provided by RNS

The company news service from the London Stock Exchange

END

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