Travis Perkins PLC — Remuneration Information 2019

Mar 13, 2019

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Travis Perkins (TPK)

Travis Perkins: Director/PDMR Shareholding

13-March-2019 / 16:31 GMT/BST

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

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The Company announces that, on 12 March 2019, 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 Travis Perkins Plc 2017 Deferred Share Bonus Plan in respect of the annual deferred bonus for the 2018 Financial Year to PDMRs as set out below. The number of shares subject to the options awarded has been calculated using a share price of £10.80 (the average market price over the dealing days falling within the last 30 days of the Company's 2018 financial year).

Name	Status	Number of Options
John Carter	Director	20,128
Alan Williams	Director	12,152
Frank Elkins	PDMR	17,799
Carol Kavanagh	PDMR	6,930
Martin Meech	PDMR	7,377
Andrew Harrison	PDMR	18,410
Patrick Knight	PDMR	5,529
Robin Miller	PDMR	1,158

The options over these shares will normally be exercisable from 12 March 2022. If the options vest they are exercisable until the tenth anniversary of grant. 

In the event that dividends are paid in the period between grant and vesting, the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

In addition, the Company confirms that on 12 March 2019, 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 Travis Perkins Plc 2017 Performance Share Plan ("PSP") to PDMRs as set out below.  The number of shares subject to the options awarded has been calculated using a share price of £14.19 (the average market price over the 5 dealing days prior to the award).

Name	Status	Number of Options
Alan Williams	Director	53,911 *
Frank Elkins	PDMR	36,645
Carol Kavanagh	PDMR	28,380
Martin Meech	PDMR	30,211
Patrick Knight	PDMR	30,190
Robin Miller	PDMR	18,976

* This award is subject to an additional two year holding period following vesting.

The options over these shares will normally be exercisable from 12 March 2022, subject to the satisfaction of performance conditions. If the options vest they are exercisable until the tenth anniversary of grant.

In the event that dividends are paid in the period between grant and vesting, the number of shares awarded will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

Also, on the 12 March 2019, the following awards were made under the HMRC tax-advantaged CSOP element of the PSP with an exercise price of £14.19 (the average market value over the 5 dealing days prior to the award).  These awards are subject to the same performance conditions as the PSP award.  The options over these shares will normally be exercisable from 12 March 2022, subject to the satisfaction of performance conditions. If the options vest they are exercisable until the tenth anniversary of grant

Name	Status	Number of Options
Frank Elkins	PDMR	2,114
Carol Kavanagh	PDMR	1,486
Martin Meech	PDMR	1,857
Patrick Knight	PDMR	2,114

The Notification of Dealing Form for each PDMR can be found below.  This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.

For further information please contact:

Helen O'Keefe

Deputy Company Secretary

+44 (0)1604 685910

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	1. John Carter 2. Alan Williams 3. Frank Elkins 4. Carol Kavanagh 5. Martin Meech 6. Andrew Harrison 7. Patrick Knight 8. Robin Miller
2	Reason for the notification
a)	Position/Status	1. Chief Executive Officer 2. Chief Financial Officer 3. Chief Operating Officer - Trade Merchant Businesses 4. Group Human Resources Director 5. Group Property Director 6. Chief Executive Officer - Plumbing & Heating Division 7. Chief Information Officer 8. Company Secretary and General Counsel
b)	Initial notification/Amendment	Initial Notification in each case
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 10 pence each ISIN: GB0007739609
b)	Nature of the transaction			In each case, options over ordinary shares of 10 pence each granted under the Company's Deferred Share Bonus Plan at an option price of £10.80.
c)	Price(s) and volume (s)
Price(s)		Volume(s)
Option price: £ 10.80		1. 20,128 2. 12,152 3. 17,799 4.   6,930 5.   7,377 6. 18,410 7.   5.529 8.   1,158
d)	Aggregated information -Aggregated volume -Price
Aggregate Price	Aggregate Volume		Aggregate Total
n/a	n/a		n/a
e)	Date of the transaction			12 March 2019
f)	Place of the transaction			n/a

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	1. Alan Williams 2. Frank Elkins 3. Carol Kavanagh 4. Martin Meech 5. Patrick Knight 6. Robin Miller
2	Reason for the notification
a)	Position/Status	1. Chief Financial Officer 2. Chief Operating Officer - Trade Merchant Businesses 3. Group Human Resources Director 4. Group Property Director 5. Chief Information Officer 6. Company Secretary and General Counsel
b)	Initial notification/Amendment	Initial Notification in each case
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 10 pence each ISIN: GB0007739609
b)	Nature of the transaction			In each case, options over ordinary shares of 10 pence each granted under the Company's Performance Share Plan at an option price of £14.19
c)	Price(s) and volume (s)
Price(s)		Volume(s)
Option price: £ 14.19		1. 53,911 2. 38,759 3. 29,866 4. 32,068 5. 32,304 6. 18,976
d)	Aggregated information -Aggregated volume -Price
Aggregate Price	Aggregate Volume		Aggregate Total
n/a	n/a		n/a
e)	Date of the transaction			12 March 2019
f)	Place of the transaction			n/a

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ISIN:	GB0007739609
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.:	7807
EQS News ID:	787287

End of Announcement	EQS News Service

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