Ferguson plc (“Company”): Director/PDMR Shareholding
By:
Ferguson plc via
Business Wire
October 20, 2023 at 06:45 AM EDT
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN ORDINARY SHARES OF 10p EACH IN THE COMPANY (“Shares”) The Ferguson Group Long Term Incentive Plan 2019 (“LTIP”)
Following the vesting on October 16, 2023 of conditional share awards under the LTIP, Mr Murphy, Mr Graham and Ms Long sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise. The price for the sale of the Shares was $164.5383 per Share. The LTIP was subject to a dividend equivalent accrual and as a result of the vesting, Mr Murphy received a dividend equivalent accrual of 3,238 shares. Mr Graham and Ms Long will receive a cash payment of the accrued dividend equivalents relating to the awards. In accordance with the Company’s 2019 Remuneration Policy, Mr Murphy will hold the remaining 22,519 Shares for a period of not less than two years. Ferguson Group Performance Ordinary Share Plan 2019 (“POSP”)
Following the vesting of conditional share awards under the POSP on October 16, 2023, Ms Long sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition, Mr Thees and Mr Williams sold a further number of Shares. Mr Graham, Mr Jacobs and Mr Schlicher elected to sell all Shares. The Shares released were received for nil consideration. The price for the sale of the Shares was $164.5383 per Share. Ferguson Group Ordinary Share Plan 2019 (“OSP”)
Following the vesting of conditional share awards under the OSP on October 16, 2023, Ms Long sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition, Mr Graham, Mr Jacobs, Mr Schlicher, Mr Thees and Mr Williams elected to sell all Shares. The Shares released were received for nil consideration. The price for the sale of the Shares was $164.5383 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231020430040/en/ Contacts
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