TIDMPSN

RNS Number : 7748R

Persimmon PLC

04 March 2019

4 March 2019

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 1 March 2019, Dave Jenkinson, Group Chief Executive, and Mike Killoran, Group Finance Director, exercised awards under the Company's 2012 Long Term Incentive Plan ("2012 LTIP") and the Company's Bonus Share Scheme.

2012 LTIP

Dave Jenkinson and Mike Killoran received 384,677 and 537,801 shares respectively, both net of their respective income tax and national insurance liabilities. Neither Dave Jenkinson nor Mike Killoran sold any of the shares acquired on 1 March 2019 under the 2012 LTIP.

Under the rules of the 2012 LTIP Dave Jenkinson is required to hold 50% of the shares received for at least twelve months. Consequently, Dave Jenkinson will hold a minimum of 192,338 of these shares until at least 29 February 2020.

As previously announced, Mike Killoran has agreed to extend until 6 July 2021 the holding period applying to 50% of any shares under any second vest other than shares sold to cover tax liabilities. Consequently, Mike Killoran will hold a minimum of 268,900 of these shares until at least 6 July 2021.

Bonus Share Scheme

Dave Jenkinson and Mike Killoran exercised options over shares awarded to them under the Company's Bonus Share Scheme for bonus earned for the 2016 and 2017 financial years. Also on 1 March 2019, Dave Jenkinson and Mike Killoran sold ordinary shares in the Company to settle tax liabilities arising on the exercise of these Bonus Share Scheme options.

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                            Dave Jenkinson 
       ------------------------------  ----------------------------------------------------- 
 2      Reason for the notification 
       ------------------------------------------------------------------------------------- 
 a)     Position/status                 Group Chief Executive 
       ------------------------------  ----------------------------------------------------- 
 b)     Initial notification            Initial notification 
         /Amendment 
       ------------------------------  ----------------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------- 
 a)     Name                            Persimmon Plc 
       ------------------------------  ----------------------------------------------------- 
 b)     LEI                             213800XI72Y57UWN6F31 
       ------------------------------  ----------------------------------------------------- 
 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 transactions 
         have been conducted 
       ------------------------------------------------------------------------------------- 
        Transaction 1 
 a)     Description of the              Ordinary shares of 10p each 
         financial instrument, 
         type of instrument 
 
        Identification code             GB0006825383 
 
 b)     Nature of the transaction       Acquisition of shares pursuant to 
                                         the exercise of an option under the 
                                         Persimmon Plc 2012 Long Term Incentive 
                                         Plan 
       ------------------------------  ----------------------------------------------------- 
 c)     Price(s) and volume(s) 
                                            -------------------  ------------------ 
                                             Price(s)             Volume(s) 
                                            -------------------  ------------------ 
                                    Nil                           725,807 
                                   -------------------           ------------------ 
 
 d)     Aggregated information 
 
        - Aggregated volume             N/A Single transaction 
 
        - Price                         N/A 
 
 e)     Date of the transaction         01/03/2019 
       ------------------------------  ----------------------------------------------------- 
 f)     Place of the transaction        Outside of a main market 
       ------------------------------  ----------------------------------------------------- 
 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 transactions 
        have been conducted 
      ---------------------------------------------------------------------------------------- 
       Transaction 2 
      -----------------------  --------------------------------------------------------------- 
 a)     Description of the                   Ordinary shares of 10p each 
         financial instrument, 
         type of instrument 
 
        Identification code                  GB0006825383 
 
 b)     Nature of the transaction            Transfer to the company's employee 
                                              benefit trust of shares acquired 
                                              pursuant to the exercise of options 
                                              under the 2012 LTIP in satisfaction 
                                              of the tax liability arising on the 
                                              exercise. 
       -----------------------------------  ------------------------------------------------ 
 c)     Price(s) and volume(s) 
                                                ----------------  ----------------- 
                                                 Price(s)          Volume(s) 
                                                ----------------  ----------------- 
                                         GBP24.33                  341,130 
                                        ------------------------  ----------------- 
 
 d)     Aggregated information 
 
   - Aggregated volume                  N/A Single transaction 
 
   - Price                              N/A 
 
 e)     Date of the transaction              01/03/2019 
       -----------------------------------  ------------------------------------------------ 
 f)     Place of the transaction             Outside of a main market 
       -----------------------------------  ------------------------------------------------ 
 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                            Mike Killoran 
       ------------------------------  ----------------------------------------------------- 
 2      Reason for the notification 
       ------------------------------------------------------------------------------------- 
 a)     Position/status                 Group Finance Director 
       ------------------------------  ----------------------------------------------------- 
 b)     Initial notification            Initial notification 
         /Amendment 
       ------------------------------  ----------------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------- 
 a)     Name                            Persimmon Plc 
       ------------------------------  ----------------------------------------------------- 
 b)     LEI                             213800XI72Y57UWN6F31 
       ------------------------------  ----------------------------------------------------- 
 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 transactions 
         have been conducted 
       ------------------------------------------------------------------------------------- 
        Transaction 1 
 a)     Description of the              Ordinary shares of 10p each 
         financial instrument, 
         type of instrument 
 
        Identification code             GB0006825383 
 
 b)     Nature of the transaction       Acquisition of shares pursuant to 
                                         the exercise of an option under the 
                                         Persimmon Plc 2012 Long Term Incentive 
                                         Plan 
       ------------------------------  ----------------------------------------------------- 
 c)     Price(s) and volume(s) 
                                            -------------------  ------------------ 
                                             Price(s)             Volume(s) 
                                            -------------------  ------------------ 
                                    Nil                           1,014,720 
                                   -------------------           ------------------ 
 
 d)     Aggregated information 
 
        - Aggregated volume             N/A Single transaction 
 
        - Price                         N/A 
 
 e)     Date of the transaction         01/03/2019 
       ------------------------------  ----------------------------------------------------- 
 f)     Place of the transaction        Outside of a main market 
       ------------------------------  ----------------------------------------------------- 
 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 transactions 
        have been conducted 
      ---------------------------------------------------------------------------------------- 
       Transaction 2 
      -----------------------  --------------------------------------------------------------- 
 a)     Description of the                   Ordinary shares of 10p each 
         financial instrument, 
         type of instrument 
 
        Identification code                  GB0006825383 
 
 b)     Nature of the transaction            Transfer to the company's employee 
                                              benefit trust of shares acquired 
                                              pursuant to the exercise of options 
                                              under the 2012 LTIP in satisfaction 
                                              of the tax liability arising on the 
                                              exercise. 
       -----------------------------------  ------------------------------------------------ 
 c)     Price(s) and volume(s) 
                                                ----------------  ----------------- 
                                                 Price(s)          Volume(s) 
                                                ----------------  ----------------- 
                                         GBP24.33                  476,919 
                                        ------------------------  ----------------- 
 
 d)     Aggregated information 
 
   - Aggregated volume                  N/A Single transaction 
 
   - Price                              N/A 
 
 e)     Date of the transaction              01/03/2019 
       -----------------------------------  ------------------------------------------------ 
 f)     Place of the transaction             Outside of a main market 
       -----------------------------------  ------------------------------------------------ 
 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Dave Jenkinson 
      -------------------------------------  ------------------------------------------------ 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                             Group Chief Executive 
      -------------------------------------  ------------------------------------------------ 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  ------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------- 
 a)    Name                                   Persimmon Plc 
      -------------------------------------  ------------------------------------------------ 
 b)    LEI                                    213800XI72Y57UWN6F31 
      -------------------------------------  ------------------------------------------------ 
 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 transactions 
        have been conducted 
      --------------------------------------------------------------------------------------- 
       Transaction 1 
 a)    Description of the                     Ordinary shares of 10p each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB0006825383 
 
 b)    Nature of the transaction              Acquisition of shares following exercise 
                                               of options under the Persimmon Plc 
                                               Annual Bonus Share Scheme 
      -------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              -------------------------  ------------------ 
                                               Price(s)                   Volume(s) 
                                              -------------------------  ------------------ 
    Nil                                                                   10,240 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
 
       - Aggregated volume                    N/A Single transaction 
 
       - Price                                N/A 
 
 e)    Date of the transaction                01/03/2019 
      -------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction               Outside of a main market 
      -------------------------------------  ------------------------------------------------ 
       Transaction 2 
      -------------------------------------  ------------------------------------------------ 
 a)    Description of the                     Ordinary shares of 10p each 
        financial instrument, 
        type of instrument 
      -------------------------------------  ------------------------------------------------ 
 
       Identification code                    GB0006825383 
      -------------------------------------  ------------------------------------------------ 
 
 b)    Nature of the transaction              Sale of shares to meet tax and commission 
                                               charges (balance shares retained) 
                                               following exercise of Awards under 
                                               the Persimmon Plc Annual Bonus Share 
                                               Scheme 
      -------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              -------------------------  ------------------ 
                                               Price(s)                   Volume(s) 
                                              -------------------------  ------------------ 
    GBP24.4433                                                            5,120 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                    N/A Single transaction 
 
  - Price                                N/A 
 
 e)    Date of the transaction                01/03/2019 
      -------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction               London Stock Exchange (XLON); Main 
                                               Market 
      -------------------------------------  ------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Mike Killoran 
      -------------------------------------  ------------------------------------------------ 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                             Group Finance Director 
      -------------------------------------  ------------------------------------------------ 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  ------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------- 
 a)    Name                                   Persimmon Plc 
      -------------------------------------  ------------------------------------------------ 
 b)    LEI                                    213800XI72Y57UWN6F31 
      -------------------------------------  ------------------------------------------------ 
 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 transactions 
        have been conducted 
      --------------------------------------------------------------------------------------- 
       Transaction 1 
 a)    Description of the                     Ordinary shares of 10p each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB0006825383 
 
 b)    Nature of the transaction              Acquisition of shares following exercise 
                                               of options under the Persimmon Plc 
                                               Annual Bonus Share Scheme 
      -------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              -------------------------  ------------------ 
                                               Price(s)                   Volume(s) 
                                              -------------------------  ------------------ 
    Nil                                                                   10,175 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
 
       - Aggregated volume                    N/A Single transaction 
 
       - Price                                N/A 
 
 e)    Date of the transaction                01/03/2019 
      -------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction               Outside of a main market 
      -------------------------------------  ------------------------------------------------ 
       Transaction 2 
      -------------------------------------  ------------------------------------------------ 
 a)    Description of the                     Ordinary shares of 10p each 
        financial instrument, 
        type of instrument 
      -------------------------------------  ------------------------------------------------ 
 
       Identification code                    GB0006825383 
      -------------------------------------  ------------------------------------------------ 
 
 b)    Nature of the transaction              Sale of shares to meet tax and commission 
                                               charges (balance shares retained) 
                                               following exercise of Awards under 
                                               the Persimmon Plc Annual Bonus Share 
                                               Scheme 
      -------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                              -------------------------  ------------------ 
                                               Price(s)                   Volume(s) 
                                              -------------------------  ------------------ 
    GBP24.4433                                                            5,088 
   --------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
 
  - Aggregated volume                    N/A Single transaction 
 
  - Price                                N/A 
 
 e)    Date of the transaction                01/03/2019 
      -------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction               London Stock Exchange (XLON); Main 
                                               Market 
      -------------------------------------  ------------------------------------------------ 
 

Tracy Davison

Company Secretary

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.

END

DSHEADDLEDANEFF

(END) Dow Jones Newswires

March 04, 2019 08:36 ET (13:36 GMT)

Persimmon (LSE:PSN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Persimmon.
Persimmon (LSE:PSN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Persimmon.