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Travis Perkins PLC — Director's Dealing 2014
Mar 11, 2014
5270_dirs_2014-03-11_25039146-5932-435f-b3fa-bac8c317556c.html
Director's Dealing
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RNS Number : 0518C
Travis Perkins PLC
11 March 2014
Travis Perkins plc
Notification of Director or PDMR share interest
The following amendment has been made to the Notification of Director or PDMR share interest announcement released on 10 March 2014 at 15:45 under RNS No 9441B.
Martin Meech's beneficial interest should have read 51,494 shares.
All other details remain unchanged.
The full amended text is shown below.
The board of Travis Perkins plc ("the Company") announces that on 7 March 2014, the following awards in respect of ordinary shares of 10p each in the Company ("shares") were made (by way of nil cost option) under the Deferred Share Bonus Plan to the persons named below.
| Name | Status | Number of Shares |
| John Carter | Director | 13,553* |
| Tony Buffin | Director | 10,014* |
| Norman Bell | PDMR | 2,403 |
| Carol Kavanagh | PDMR | 2,198 |
| Martin Meech | PDMR | 2,464 |
| Robin Proctor | PDMR | 1,824 |
| Paul Tallentire | PDMR | 2,905 |
| Arthur Davidson | PDMR | 2,971 |
| Frank Elkins | PDMR | 1,976 |
| Ian Preedy | PDMR | 1,649 |
The options over these shares will normally be exercisable from 7 March 2017, subject to continued employment.
*Options over 50% of these shares will normally be exercisable on the 7 March 2016, the remaining options will be exercisable from 7 March 2017, subject to continued employment and satisfaction of forfeiture conditions.
The board of Travis Perkins plc ("the Company") has also been notified today of the exercise and sale on 7 March 2014 by Martin Meech, PDMR, of 6,605 ordinary shares of 10p each in the Company ("shares"), at a price of 1899.8395p following his exercise of nil cost options under the Deferred Share Bonus Plan and 9,306 shares under the Travis Perkins Performance Share Plan at a price of 1899.8395p.
The purpose of the exercises and sales is for Martin Meech to reinvest the monies into the forthcoming Share Matching Award.
As a result of these exercises and sales, Martin Meech's beneficial interest is 51,494 shares.
In the case of queries, please contact:
Deborah Grimason Company Secretary 01604 683040
Stella Girvin Deputy Company Secretary 01604 683015
Anthony Kemp Assistant Company Secretary 01604 683017
10 March 2014
This information is provided by RNS
The company news service from the London Stock Exchange
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