BELLWAY p.l.c.
(‘the Company’)
NOTIFICATION OF
TRANSACTIONS OF
PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES
12 NOVEMBER 2019
The Company was informed today that under the terms of the
Bellway p.l.c. Employee Share Trust (1992) (an arrangement to
reward directors and employees) 4,602 ordinary 12.5p shares
(including dividend equivalent shares which have accrued between
grant and vesting) were issued on 11
November 2019 to Jason
Honeyman for nil consideration under the Bellway p.l.c.
(2013) Performance Share Plan.
Mr Honeyman immediately thereafter sold 2,168 Bellway p.l.c.
12.5p ordinary shares at a price of £31.57 per share to cover
income tax and NI liabilities and dealing costs, and transferred
the balance of 2,434 shares to Mrs Joanne
Honeyman.
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the EU Market
Abuse Regulations.
BELLWAY p.l.c.
NOTIFICATION OF
TRANSACTIONS OF
PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES
| 1 |
Details
of the person discharging managerial responsibilities/person
closely associated |
| a) |
Name |
1 Jason
Honeyman
2 Joanne
Honeyman |
| 2 |
Reason
for the notification |
| a) |
Position/status |
1 Director
(PDMR)
2 PCA of
PDMR |
| b) |
Initial
notification/Amendment |
Initial notification |
| 3 |
Details
of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor |
| a) |
Name |
Bellway p.l.c. |
| b) |
LEI |
213800CY4L3HST4FGZ98 |
| 4 |
Details
of the transaction(s): section to date; to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each and
(iv) each place where transactions have been conducted |
| a) |
Description of the
financial instrument, type of instrument
Identification code |
12.5p ordinary shares
GB0000904986 |
| b) |
Nature of
the transaction
|
1a Exercise of award
granted in November 2016 under the Company’s Performance Share Plan
and associated dividend accrual shares.
1b Sale of shares to
cover income tax and NI liability due on the exercise of this
award.
1c+2 Transfer of shares to Joanne Honeyman
(PCA). |
| c) |
Price(s)
and volume(s) |
Price(s)
Volume(s)
1a
Nil
4,602
1b
£31.57
2,168
1c+2
Nil
2,434 |
| d) |
Aggregated
information
Aggregated volume
Price |
N/A
N/A |
| e) |
Date of the
transaction |
11 November 2019 |
| f) |
Place of the
transaction |
London Stock Exchange (XLON) |
Name of contact and telephone number
for queries:
Simon Scougall
Group General Counsel & Company Secretary
Bellway p.l.c.
Tel: 0191 217 0717