Ferguson plc (“Company”): Director/PDMR Shareholding
December 11 2023 - 6:45AM
Business Wire
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN ORDINARY SHARES OF 10p
EACH IN THE COMPANY (“Shares”)
On December 7, 2023 the Company granted the following awards to
Executive Directors under the Ferguson plc 2023 Omnibus Equity
Incentive Plan.
Awards were made to two Executive Directors as set out in the
table below:
Executive Director
Performance Awards
Restricted Stock Unit
Awards
Kevin Murphy
7,669
9,699
William Brundage
N/A
4,036
No consideration is payable at allocation or on vesting.
Performance Awards
The Performance Awards will only vest upon the achievement of
certain corporate performance conditions measured over a three-year
period, subject to continued employment through such performance
period. Details of the performance conditions attached to the
awards will be disclosed at the appropriate time in the relevant
public disclosures required to be made by the Company. Subject to
the achievement of the foregoing vesting criteria, the Performance
Awards will vest on October 12, 2026.
Restricted Stock Units (“RSU”)
The RSU awards have no performance conditions and will vest,
subject to continued employment with the Company, on October 12,
2026.
The attached notifications, which have been made in accordance
with the requirements of the EU Market Abuse Regulation (as it
forms part of UK law pursuant to the European Union (Withdrawal)
Act 2018), provide further detail.
1
Details of the person discharging
managerial responsibilities / person closely associated
a)
Name
Kevin Murphy
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial/Amendment notification
Initial notification
3
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
a)
Name
Ferguson plc
b)
LEI
213800DU1LGY3R2S2X42
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
a)
Description of the financial instrument,
type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of performance awards under the
Ferguson plc 2023 Omnibus Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00 7,669
USD – US Dollar
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-12-07; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging
managerial responsibilities / person closely associated
a)
Name
Kevin Murphy
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial/Amendment notification
Initial notification
3
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
a)
Name
Ferguson plc
b)
LEI
213800DU1LGY3R2S2X42
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
a)
Description of the financial instrument,
type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under
the Ferguson plc 2023 Omnibus Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00 9,699
USD – US Dollar
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-12-07; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging
managerial responsibilities / person closely associated
a)
Name
William Brundage
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial/Amendment notification
Initial notification
3
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
a)
Name
Ferguson plc
b)
LEI
213800DU1LGY3R2S2X42
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
a)
Description of the financial instrument,
type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under
the Ferguson plc 2023 Omnibus Equity Incentive Plan
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00 4,036
USD – US Dollar
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-12-07; UTC time
f)
Place of the transaction
Outside a Trading Venue
December 11, 2023
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231211951676/en/
Enquiries: Kate McCormick, Company Secretary
Tel: +44 (0) 118 927 3827
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