Director/PDMR Shareholding

RNS Number : 6285U

Howden Joinery Group PLC

02 August 2022

 

HOWDEN JOINERY GROUP PLC

(the "Company")

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

The Company announces that the Performance Share Plan award granted to certain Persons Discharging Managerial Responsibilities ("PDMR") under the Company's Long-Term Incentive Plan ("LTIP") on 29 July 2019 (the "Award") has vested.

The Award was granted subject to the achievement of certain performance targets based on the Company's growth in pre-exceptional profit before tax over the three-year period ending 25 December 2021.

The following transactions took place in relation to the Award, which was granted over ordinary 10 pence shares of the Company ("Shares") to the PDMRs listed below:

Name of PDMR	Number of Shares which vested under the Award	Number of Shares which were sold*	Shares retained
Mark Slater	83,565	40,402	43,163
George Julian Lee	17,636	8,527	9,109
Richard Sutcliffe	8,818	4,264	4,554

*Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 667.636p.

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

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Slater
2	Reason for the notification
a)	Position/status	PDMR
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 ordinary shares under a conditional share award. Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2022-07-29 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 83,565 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 83,565 n/a Nature of transaction Sale of ordinary shares. Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2022-07-29 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 6.67636 40,402 GBP 269,738.30 Aggregated information Price Aggregated Volume Total GBP 6.67636 40,402 GBP 269,738.30

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	George Julian Lee
2	Reason for the notification
a)	Position/status	PDMR
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 ordinary shares under a conditional share award. Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2022-07-29 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 17,636 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 17,636 n/a Nature of transaction Sale of ordinary shares. Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2022-07-29 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 6.67636 8,527 GBP 56,929.32 Aggregated information Price Aggregated Volume Total GBP 6.67636 8,527 GBP 56,929.32

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Sutcliffe
2	Reason for the notification
a)	Position/status	PDMR
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 ordinary shares under a conditional share award. Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2022-07-29 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 8,818 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 8,818 n/a Nature of transaction Sale of ordinary shares. Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2022-07-29 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 6.67636 4,264 GBP 28,468.00 Aggregated information Price Aggregated Volume Total GBP 6.67636 4,264 GBP 28,468.00

Enquiries

Forbes McNaughton, Company Secretary:  020 7535 1110

 

END

 

 

DSHFLFLITSIFIIF