RNS Number : 6951J
Persimmon PLC
03 April 2018
 

3 April 2018

Persimmon Plc (the "Company")

 

Director/PDMR Shareholding

 

 

On 29 March 2018, Dave Jenkinson, Group Managing Director exercised an award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP").  Dave Jenkinson received 255,437 shares, net of the option exercise price and net of his income tax and National Insurance liability. 

Also on 29 March 2018 Dave Jenkinson sold 127,722 shares, he is required to hold the remaining 127,715 shares under the rules of the 2012 LTIP for at least twelve months.  Following these transactions Dave Jenkinson's total interests in the Company has increased to 173,453 shares.

 

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

 

Name

Dave Jenkinson

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

Group Managing Director

 

b)

 

Initial notification /Amendment

 

Initial notification

 

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

Name

 

Persimmon Plc

 

b)

 

LEI

 

213800XI72Y57UWN6F31

 

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

 

 


Transaction 1


 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

 



 

Identification code

GB0006825383

 



 

b)

 

Nature of the transaction

 

 

Acquisition of shares pursuant to the exercise of an option under the Persimmon Plc 2012 Long Term Incentive Plan

 

c)

 

Price(s) and volume(s)





 



Price(s)

Volume(s)


 



Nil

481,957


 






 

d)

 

Aggregated information

N/a single transaction

 



 

- Aggregated volume


 



 

- Price


 



 

e)

 

Date of the transaction

 

29/03/2018

 

f)

 

Place of the transaction

 

Outside of a main market

 

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

 


Transaction 2


a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

 

 



 

Identification code

GB0006825383

 



 

b)

 

Nature of the transaction

 

 

Transfer of shares to the Company's employee benefit trust acquired pursuant to the exercise of an option under the 2012 LTIP in satisfaction of the tax liability arising on the exercise.

 

c)

 

Price(s) and volume(s)





 



Price(s)

Volume(s)


 



£25.30

226,520


 






 

d)

 

Aggregated information

N/A Single transaction

 



 

- Aggregated volume


 



 

- Price


 



 

e)

 

Date of the transaction

 

29/03/2018

 

f)

 

Place of the transaction

 

Outside of a main market

 


Transaction 3


 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of 10p each

 



 

Identification code

GB0006825383

 



 

b)

 

Nature of the transaction

 

 

Sale of shares following the exercise of an option under the 2012 LTIP

 

c)

 

Price(s) and volume(s)





 



Price(s)

Volume(s)


 



£25.3403

127,722

 


 






 

d)

 

Aggregated information

N/A Single transaction

 



 

- Aggregated volume


 



 

- Price


 



 

e)

 

Date of the transaction

 

29/03/2018

 

f)

Place of the transaction

 

London Stock Exchange (XLON); Main Market

 

 

 

Tracy Davison

Company Secretary


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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