Director/PDMR Shareholding

RNS Number : 7641A

Howden Joinery Group PLC

28 March 2017

 

28 March 2017

HOWDEN JOINERY GROUP PLC

(the "Company")

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The Company announces that the following transactions by Executive Directors and Persons Discharging Managerial Responsibility (together the "PDMRs") took place on 27 March 2017 in relation to conditional awards over ordinary 10 pence shares in the Company ("Shares"):

Vesting of Shares granted in 2014 under the 2007 Co-Investment Plan

Name of PDMR	No. of Shares which vested	No. of Shares which were sold1	Total Shares released to PDMRs following sale4
Matthew Ingle	453,131	213,3992	239,732
Mark Robson	317,834	149,6822	168,152
Robert Fenwick	125,984	125,9843	0
Theresa Keating	99,339	99,3393	0
Andrew Witts	125,984	125,9843	0

¹ Sales took place through the London Stock Exchange on 27 March 2017 at an average price of 429.94 pence per share.

² Shares were sold to cover taxation and administrative costs arising on the vesting of the awards.

³ This number includes shares sold to cover taxation and administrative costs arising on the vesting of the awards.

⁴ Vested shares that were not sold to cover taxation and administrative costs were released to the PDMRs listed and increased their shareholding in the Company.

PDMRs' shareholding following the above transactions:

Name of PDMR	Total Shares held following this notification1	Total Shares held as a percentage of issued share capital2
Matthew Ingle	3,273,796	0.52%
Mark Robson	1,194,216	0.19%
Robert Fenwick	228,934	0.04%
Theresa Keating	245,547	0.04%
Andrew Witts	1,044,050	0.17%

¹ Including any Shares held by persons closely associated.

² Excluding Shares held in Treasury.

The Notification of Dealing Forms for the above transactions may be found below. These notifications are provided in accordance with the requirements of the EU Market Abuse Regulation.

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matthew Ingle
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Howden Joinery Group plc
b)	LEI	213800KC1LJOJTY3JP45
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
	Nature of transaction Vesting of share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 453,131 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 453,131 n/a Nature of transaction Sale of ordinary shares to cover taxation and administrative costs arising from the vesting of share awards Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 4.2994 213,399 GBP 917,487.66 Aggregated information Price Aggregated Volume Total GBP 4.2994 213,399 GBP 917,487.66

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Robson
2	Reason for the notification
a)	Position/status	Deputy Chief Executive and Chief Financial Officer
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Howden Joinery Group plc
b)	LEI	213800KC1LJOJTY3JP45
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
	Nature of transaction Vesting of share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 317,834 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 317,834 n/a Nature of transaction Sale of ordinary shares to cover taxation and administrative costs arising from the vesting of share awards Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 4.2994 149,682 GBP 643,542.79 Aggregated information Price Aggregated Volume Total GBP 4.2994 149,682 GBP 643,542.79

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Fenwick
2	Reason for the notification
a)	Position/status	PDMR within Howden Joinery Group Plc
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Howden Joinery Group plc
b)	LEI	213800KC1LJOJTY3JP45
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
	Nature of transaction Vesting of share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 125,984 n/a Aggregated information Price Aggregated Volume Total GBP nil 125,984 n/a Nature of transaction Sale of vested share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 4.2994 125,984 GBP 541,655.61 Aggregated information Price Aggregated Volume Total GBP 4.2994 125,984 GBP 541,655.61

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Theresa Keating
2	Reason for the notification
a)	Position/status	PDMR within Howden Joinery Group Plc
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Howden Joinery Group plc
b)	LEI	213800KC1LJOJTY3JP45
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
	Nature of transaction Vesting of share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 99,339 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 99,339 n/a Nature of transaction Sale of vested share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 4.2994 99,339 GBP 427,098.10 Aggregated information Price Aggregated Volume Total GBP 4.2994 99,339 GBP 427,098.10

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Witts
2	Reason for the notification
a)	Position/status	PDMR within Howden Joinery Group Plc
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Howden Joinery Group plc
b)	LEI	213800KC1LJOJTY3JP45
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
	Nature of transaction Vesting of share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 125,984 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 125,984 n/a Nature of transaction Sale of vested share awards made in 2014 over ordinary shares under the rules of the Howden Joinery Group plc 2007 Co-Investment Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2017-03-27 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 4.2994 125,984 GBP 541,655.61 Aggregated information Price Aggregated Volume Total GBP 4.2994 125,984 GBP 541,655.61

Enquiries

Forbes McNaughton, Company Secretary:                              020 7535 1137

 

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