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Travis Perkins PLC
Director's Dealing • Sep 17, 2024
5270_dirs_2024-09-17_3e29cbbc-2ba2-4a09-ab95-65d90a66165f.html
Director's Dealing
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National Storage Mechanism | Additional information
Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
17-Sep-2024 / 16:16 GMT/BST
The Company announces that on 16 September 2024 (“Grant Date”), the following awards in respect of ordinary shares of 11.205105p each in the Company ("Shares") were granted by way of nil cost options under the Travis Perkins Plc Restricted Share Plan ("RSP") to the Company’s Chief Executive Officer, Peter Redfern (“CEO”), as follows:
| Name | Status | Type of RSP Award | Number of options |
| Peter Redfern | PDMR | 2024 RSP Award | 108,373 |
The number of shares subject to the nil-cost options awarded has been calculated using a share price of £8.766 (being the three days average mid-market closing price of the Company's Shares as derived from the London Stock Exchange’s Daily Official List on the three dealing days immediately preceding the Grant Date)
The options will normally vest after a period of three years and will then be exercisable after the completion of a two year holding period following vesting. If the options vest they will be exercisable until the tenth anniversary of the Grant Date (or such shorter period as determined by the Board). The awards are subject to performance underpins.
In the event that dividends are paid in the period between grant and the release date, the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.
The Notification of Dealing Form for the PDMR can be found below. This announcement is made in accordance with the requirements of the UK Market Abuse Regulation.
For further information please contact:
Kanchan Limaye
Company Secretarial Assistant
+44 7570 558431
Notification of Dealing Form
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | ||||||
| a) | Name | Peter Redfern | |||||
| 2 | Reason for the notification | ||||||
| a) | Position/Status | PDMR- Chief Executive Officer | |||||
| b) | Initial notification/Amendment | Initial Notification | |||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||
| a) | Name | Travis Perkins plc | |||||
| b) | LEI | 2138001I27OUBAF22K83 | |||||
| 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 transaction have been conducted |
||||||
| a) | Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 11.205105 pence each ISIN: GB00BK9RKT01 |
|||||
| b) | Nature of the transaction | In each case, options over ordinary shares of 11.205105 pence each granted under the Company's Restricted Share Plan at nil cost. | |||||
| c) | Price(s) and volume (s) | ||||||
| Price(s) | Volume(s) | ||||||
| - | 108,373 | ||||||
| d) | Aggregated information -Aggregated volume -Price |
||||||
| Aggregate Price |
Aggregate Volume |
Aggregate Total |
|||||
| n/a | n/a | n/a | |||||
| e) | Date of the transaction | 16 September 2024 | |||||
| f) | Place of the transaction | Outside a trading venue | |||||
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
| ISIN: | GB00BK9RKT01 |
| Category Code: | DSH |
| TIDM: | TPK |
| LEI Code: | 2138001I27OUBAF22K83 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 347402 |
| EQS News ID: | 1990003 |
| End of Announcement | EQS News Service |