RNS Number : 0414T
Persimmon PLC
22 March 2021
 

 

22 March 2021

Persimmon Plc (the "Company")

 

Director/PDMR Shareholding

 

 

Persimmon Plc announces that on 19 March 2021 awards were granted to Dean Finch, Group Chief Executive, and Mike Killoran, Group Finance Director, over 49,103 and 36,049 shares respectively, under the Persimmon Plc 2017 Performance Share Plan.

 

The three year performance period will run from 1 January 2021 to 31 December 2023 and there is a further two year holding period before the shares can be released to the Executive Directors.

 

Also on 19 March 2021 Dean Finch was granted an award over 13,694 shares in respect of a deferred bonus award forfeited on leaving his previous employer. The award will vest in 12 months' time and further information in relation to the award will be included in the Company's Directors' Remuneration Report for the year ended 31 December 2020.

 

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

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Dean Finch

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Executive

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

 

 

Grant of award made under the 2017 Performance

Share Plan subject to performance criteria

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

49,103




 

 



d)

 

Aggregated information




- Aggregated volume

N/A Single transaction



- Price

N/A Single transaction



e)

 

Date of the transaction

 

19 March 2021

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Mike Killoran

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Finance 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

 

 

Grant of award made under the 2017 Performance

Share Plan subject to performance criteria

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

36,049




 

 



d)

 

Aggregated information




- Aggregated volume

N/A Single transaction



- Price

N/A Single transaction



e)

 

Date of the transaction

 

19 March 2021

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Dean Finch

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Executive

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

 

 

Grant of award in respect of a deferred bonus award forfeited by Dean Finch on leaving his previous employer.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




Nil

13,694




 

 



d)

 

Aggregated information




- Aggregated volume

N/A Single transaction



- Price

N/A Single transaction



e)

 

Date of the transaction

 

19 March 2021

 

 

Tracy Davison

Company Secretary

 

                                                                       

 

 

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