Director/PDMR Shareholding

Howden Joinery Group PLC

10 April 2024

 

10 April 2024

HOWDEN JOINERY GROUP PLC

(the "Company")

NOTIFICATION OF TRANSACTION IN SHARES BY EXECUTIVE DIRECTORS AND

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Vesting of conditional share awards under the Howdens Long Term Incentive Plan (LTIP)

The Company announces that the Performance Share Plan (PSP) awards granted to certain Persons Discharging Managerial Responsibilities ("PDMRs") under the Company's LTIP on 6 April 2021 (the "2021 Award") has vested.

The 2021 Award was granted subject to the achievement of certain performance targets based on the Company's growth in pre-exceptional profit before tax and relative total shareholder returns over the three-year period ending 30 December 2023. An additional holding period of two years will apply to shares retained from the 2021 Award.

The following transactions took place in relation to the 2021 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*	Shares retained
Andrew Livingston	191,843	90,348	101,495
Paul Hayes	125,436	59,074	66,362
Theresa Keating	50,308	23,693	26,615
Julian Lee	52,320	24,640	27,680
Richard Sutcliffe	50,308	23,693	26,615
Andy Witts	58,357	27,483	30,874

*Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 868.82p.

Grant of conditional share awards under the LTIP

The Company announces that on 8 April 2024 it granted a PSP award over 67,709 Shares to Stuart Livingstone, a PDMR, under the Company's LTIP. The award will vest subject to performance against targets measured over a three-year period. A further two-year holding period will then apply to any shares Mr Livingstone is entitled to acquire on vesting.

The Company further announces that on 8 April 2024 it granted conditional share awards over a total of 48,859 Shares to Stuart Livingstone under the Company's LTIP. These awards will vest in two tranches subject to continued employment.

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 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 191,843 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 191,843 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 2024-04-08 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 8.6882 90,348 GBP 784,961.49 Aggregated information Price Aggregated Volume Total GBP 8.6882 90,348 GBP 784,961.49

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Hayes
2	Reason for the notification
a)	Position/status	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 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 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 125,436 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 125,436 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 2024-04-08 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 8.6882 59,074 GBP 513,246.73 Aggregated information Price Aggregated Volume Total GBP 8.6882 59,074 GBP 513,246.73

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 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 50,308 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 50,308 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 2024-04-08 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 8.6882 23,693 GBP 205,849.52 Aggregated information Price Aggregated Volume Total GBP 8.6882 23,693 GBP 205,849.52

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 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 52,320 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 52,320 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 2024-04-08 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 8.6882 24,640 GBP 214,077.25 Aggregated information Price Aggregated Volume Total GBP 8.6882 24,640 GBP 214,077.25

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 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 50,308 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 50,308 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 2024-04-08 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 8.6882 23,693 GBP 205,849.52 Aggregated information Price Aggregated Volume Total GBP 8.6882 23,693 GBP 205,849.52

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 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 58,357 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 58,357 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 2024-04-08 London Stock Exchange (XLON) Individual transactions Price(s) Volume(s) Total GBP 8.6882 27,483 GBP 238,777.80 Aggregated information Price Aggregated Volume Total GBP 8.6882 27,483 GBP 238,777.80

NOTIFICATION OF DEALING FORM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Livingstone
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 Grant of conditional share awards under the Howdens Long Term Incentive Plan Description/type of Financial Instrument Identification code Date of transaction Place of transaction Ordinary shares of 10 pence each GB0005576813 2024-04-08 Outside a trading venue Individual transactions Price(s) Volume(s) Total GBP nil 67,709 n/a GBP nil 48,859 n/a Aggregated information Price(s) Aggregated Volume Total GBP nil 116,568 n/a

Enquiries

Caitlin Slatter, Deputy Company Secretary:                                 020 7535 1162

 

END