Director/PDMR Shareholding

RNS Number : 5159K

Howden Joinery Group PLC

05 May 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 ("PSP") award granted to certain Persons Discharging Managerial Responsibilities ("PDMR") under the Company's Long-Term Incentive Plan ("LTIP") on 2 May 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. An additional holding period of two years will apply to shares vesting under the Award.

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 Director or PDMR	Number of Shares which vested under the Award	Number of Shares which were sold*	Number of Shares subject to additional two-year Holding Period
Andrew Livingston	246,766	119,304	127,462
Theresa Keating	68,643	33,187	35,456
Andrew Witts	83,505	40,373	43,132

* Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 713.3p.

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	William Andrew Livingston
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 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 2022-05-02 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 246,766 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil   246,766 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 2022-05-04 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 7.133317 119,304 GBP 851,033.25 Aggregated information Price Aggregated Volume Total GBP 7.133317 119,304 GBP 851,033.25

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
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 2022-05-02 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 68,643 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil   68,643 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 2022-05-04 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 7.133317 33,187 GBP 236,733.39 Aggregated information Price Aggregated Volume Total GBP 7.133317 33,187 GBP 236,733.39

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
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 2022-05-02 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 83,505 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 83,505 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 2022-05-04 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 7.133317 40,373 GBP 287,993.41 Aggregated information Price Aggregated Volume Total GBP 7.133317 40,373 GBP 287,993.41

Enquiries

Forbes McNaughton, Company Secretary:  020 7535 1137

 

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