RNS Number : 8245Q
Grainger PLC
19 December 2024
 

GRAINGER PLC

("GRAINGER" OR THE "COMPANY")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

GRANT OF OPTIONS UNDER THE GRAINGER PLC DEFERRED BONUS SHARE PLAN

The Company announces that it has made the following grants of nil cost share options ("Options") over ordinary shares of 5p each in the capital of the Company ("Shares") pursuant to the Grainger plc Deferred Bonus Share Plan ("DBSP") on 18 December 2024.

The Options have been granted in respect of the compulsory deferral of 25% of the 2024 annual bonus  of the relevant individual. Options were granted under the DBSP to Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company, as specified in the table below.

Name of Director/ PDMR

Position

No. of shares under Option

Helen Gordon

Chief Executive Officer (Director)

88,673

Rob Hudson 

Chief Financial Officer (Director)

69,336

Michael Keaveney

Director of Land and Development (PDMR)

23,060

Eliza Pattinson

Director of Operations and Asset Management (PDMR)

20,973

 

Vesting of the Options is not subject to any performance conditions and, subject to the participant's continued employment with Grainger, the Options will normally become exercisable after the three-year vesting period.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Helen Gordon

2

Reason for the notification

a)

Position/status

 

Chief Executive Officer / Director  

b)

Initial notification /Amendment

 

Initial notification

3

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

a)

 

Name

 

 Grainger plc

b)

 

LEI

 

 2138007CEIRKZMNI2979

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

 

 Ordinary Shares of £0.05 each

 

b)

 

Identification code

 

 ISIN: GB00B04V1276

c)

 

Nature of the transaction

 

Grant of a nil cost Option over Shares pursuant to the Deferred Bonus Share Plan

d)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.  £nil

 

1.  88,673

 

e)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

 

f)

 

Date of the transaction

 

18 December 2024

g)

 

Place of the transaction

 

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Rob Hudson

2

Reason for the notification

a)

Position/status

 

Chief Financial Officer / Director 

b)

Initial notification /Amendment

 

Initial notification

3

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

a)

 

Name

 

 Grainger plc

b)

 

LEI

 

 2138007CEIRKZMNI2979

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

 

 Ordinary Shares of £0.05 each

 

b)

 

Identification code

 

 ISIN: GB00B04V1276

c)

 

Nature of the transaction

 

Grant of a nil cost Option over Shares pursuant to the Deferred Bonus Share Plan

d)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.  £nil

 

1.  69,336

 

e)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

 

f)

 

Date of the transaction

 

18 December 2024

g)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

Michael Keaveney

2

Reason for the notification

a)

Position/status

 

Director of Land and Development / PDMR

b)

Initial notification /Amendment

 

Initial notification

3

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

a)

 

Name

 

 Grainger plc

b)

 

LEI

 

 2138007CEIRKZMNI2979

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

 

 Ordinary Shares of £0.05 each

 

b)

 

Identification code

 

 ISIN: GB00B04V1276

c)

 

Nature of the transaction

 

Grant of a nil cost Option over Shares pursuant to the Deferred Bonus Share Plan

d)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.  £nil

 

1.  23,060

 

e)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

 

f)

 

Date of the transaction

 

18 December 2024

g)

 

Place of the transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

Eliza Pattinson

2

Reason for the notification

a)

Position/status

 

Director of Operations and Asset Management / PDMR

 

b)

Initial notification /Amendment

 

Initial notification

3

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

a)

 

Name

 

 Grainger plc

b)

 

LEI

 

 2138007CEIRKZMNI2979

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

 

 Ordinary Shares of £0.05 each

 

b)

 

Identification code

 

 ISIN: GB00B04V1276

c)

 

Nature of the transaction

 

Grant of a nil cost Option over Shares pursuant to the Deferred Bonus Share Plan

d)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.  £nil

 

1.  20,973

 

e)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

 

f)

 

Date of the transaction

 

18 December 2024

g)

 

Place of the transaction

 

Outside a trading venue

 

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