Director/PDMR Shareholding

RNS Number : 4573H

Grainger PLC

12 March 2018

Grainger plc

("Grainger" or the "Company")

GRAINGER PLC BUY OUT AWARD VESTING

The Company announces that the third and final tranche of the buyout award granted to Helen Gordon, CEO, on 12 January 2016, vested on 9 March 2018. Following an assessment of the applicable performance conditions, 26,524 shares options vested (53% of the 50,045 shares awarded).

Arrangements are in hand to transfer the vested shares from the Grainger plc Employee Benefits Trust to the Executive Director.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Helen Gordon
2	Reason for the notification
a)	Position/status	Chief Executive Officer, Director
b)	Initial notification	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Grainger plc
b)	LEI	2138007CEIRKZMNI2979
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	Ordinary Shares of 5p each in Grainger plc
b)	Identification code	GB00B04V1276
c)	Nature of the transaction	Exercise of buyout award that vested on 9 March 2018
d)	Price and volumes	1. Exercise Price - Nil; Volume: 26,524 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	Volume: 26,524 Ordinary Shares Price - Nil
e)	Date of the transaction	9 March 2018
f)	Place of the transaction	Outside a Trading Venue