Director/PDMR Shareholding

RNS Number : 2392W
Ferguson PLC
09 December 2019
 

FERGUSON PLC ("Company")

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares")

Ferguson Group Long Term Incentive Plan 2019 ("LTIP")

On 5 December 2019 the Company granted the following awards under the LTIP to two Executive Directors and three other PDMRs as set out in the table below:

PDMR/Executive Director

Conditional share awards or share option awards

K Murphy

43,625

M Powell

26,481

I Graham

1,558

S Long

1,577

M Sajor

1,488

 

The awards were granted as conditional share awards to Mr Murphy, Mr Graham, Ms Long and Mr Sajor and as nil cost options to Mr Powell. No consideration is payable at allocation, on vesting or, for those in the form of nil cost options, on exercise of all or part of the awards.

These awards will only vest upon, normally, continued employment and the achievement of certain corporate performance conditions measured over a three year period. Full details of the relevant performance conditions can be found in the Directors' Remuneration Report of the Company's Annual Report and Accounts 2019. Subject to, normally, continued employment and the meeting of the performance conditions, the conditional awards will vest on 5 December 2022 and the nil cost options will be exercisable between 5 December 2022 and 5 December 2029.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kevin Murphy

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The grant of conditional shares under the Ferguson Group Long Term Incentive Plan 2019

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

43,625

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2019-12-05; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Powell

2

Reason for the notification

a)

Position/status

Group Chief Financial Officer

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The grant of nil cost share options under the Ferguson Group Long Term Incentive Plan 2019

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

26,481

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2019-12-05; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ian Graham

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The grant of conditional shares under the Ferguson Group Long Term Incentive Plan 2019

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

1,558

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2019-12-05; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Samantha Long

2

Reason for the notification

a)

Position/status

Group Chief Human Resources Officer

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The grant of conditional shares under the Ferguson Group Long Term Incentive Plan 2019

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

1,577

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2019-12-05; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Sajor

2

Reason for the notification

a)

Position/status

Group Chief Information Officer 

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The grant of conditional shares under the Ferguson Group Long Term Incentive Plan 2019

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

1,488

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2019-12-05; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

Enquiries:

 

Graham Middlemiss, Group Company Secretary

(0118 927 3800)

 

9 December 2019

 


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