Ferguson PLC Announces Director/PDMR Shareholding
By:
Ferguson PLC via
AccessWire
October 21, 2021 at 02:00 AM EDT
WOKINGHAM, UK / ACCESSWIRE / October 21, 2021 / Ferguson plc ("Company") NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares") Vesting of Executive Share Plan awards The Ferguson Group Long Term Incentive Plan 2015 ("LTIP")
Following the vesting on October 18, 2021 of conditional share awards under the LTIP, Mr Murphy and Ms Long sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise. Mr Sajor elected to sell all. The Shares released were received for nil consideration. The price for the sale of the Shares was 10,540.9675 pence per Share. The LTIP was subject to a dividend equivalent accrual and as a result of the vesting, Mr Murphy, Ms Long and Mr Sajor will receive a cash payment of the accrued dividend equivalents relating to the awards. In accordance with the Company's Shareholding Guidelines, Mr Murphy will hold the remaining 17,877 Shares for a period of not less than two years. Ferguson Group Performance Ordinary Share Plan 2016 and Ferguson Group Performance Ordinary Share Plan 2019 ("POSP")
Following the vesting of conditional share awards, Mr Brundage, Mr Graham and Mr Hutcherson sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition, Mr Devine, Mr Sajor, Mr Schlicher, Mr Thees and Mr Williams sold a further number of Shares. Mr Cross and Ms Long both sold all Shares. The Shares released were received for nil consideration. The price for the sale of the Shares was 10,540.9675 pence per Share. Ferguson Group Ordinary Share Plan 2019 ("OSP")
Following the vesting of conditional share awards, Mr Graham sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting. The Shares released were received for nil consideration. The price for the sale of the Shares was 10,540.9675 pence per Share. The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), provide further detail.
Enquiries: Graham Middlemiss, Group Company Secretary October 21, 2021 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 rns@lseg.com or visit www.rns.com. SOURCE: Ferguson PLC View source version on accesswire.com: https://www.accesswire.com/669043/Ferguson-PLC-Announces-DirectorPDMR-Shareholding More NewsView More
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