Grainger PLC Director/PDMR Shareholding
December 23 2024 - 7:50AM
RNS Regulatory News
RNS Number : 1587R
Grainger PLC
23 December 2024
Grainger plc
("Grainger" or the "Company")
NOTIFICATION OF
TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
Grainger announces that pursuant to the
Company's Deferred Bonus Share Plan ("DBSP") and one-off recruitment awards,
Rob Hudson, Chief Financial Officer, has completed the following
exercise of awards and sale of the resulting ordinary shares of 5
pence each in the Company ("Shares"). Following these transactions,
Rob transferred 52,649 Shares to his civil partner Robert Driscoll,
a person closely associated ("PCA") with him.
Following these transactions Rob's total
shareholding is 171,773. Rob's total shareholding includes
(a) Shares held by Link Market Services Trustees and held pursuant
to Grainger's Share Incentive Plan (SIP); and (b) Shares held by
his PCA.
In order to fund the income tax and NIC
liability arising from the award exercises, sale of Shares (as set
out below) took place on 19 December 2024 at an average price of
£2.205.
|
Award
|
Number of vested
Shares subject to exercised
award (including dividend equivalent Shares)
|
Number of Shares sold to cover tax and
NIC liability arising on exercise
|
Number of Shares
retained
|
|
2019 Recruitment Award
|
98,902
|
47,494
|
51,408
|
|
2021 DBSP
|
2,389
|
1,148
|
1,241
|
The notifications below, made in accordance with
the requirements of the UK Market Abuse Regulation, provide further
detail.
Notification and public disclosure of
transactions by persons discharging managerial responsibilities and
persons closely associated with them.
|
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
|
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 5p each in Grainger
plc
|
|
b)
|
Identification code
|
GB00B04V1276
|
|
c)
|
Nature of the transaction
|
Exercise of 1) 2019 Recruitment Award and 2)
2021 DBSP award
|
|
d)
|
Price and volumes
|
|
|
Price(s)
|
Volume(s)
|
|
1)
|
Nil
|
98,902
|
|
2)
|
Nil
|
2,389
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
Price
|
Aggregate Volume
|
|
Nil
|
101,291
|
|
|
e)
|
Date of the transaction
|
19 December 2024
|
|
f)
|
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
|
PDMR: Chief Financial
Officer/Director
|
|
b)
|
Initial notification
|
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 5p each in Grainger
plc
|
|
b)
|
Identification code
|
GB00B04V1276
|
|
c)
|
Nature of the transaction
|
Sale of shares resulting from exercise of 2019
Recruitment Award and 2021 DBSP award to fund payment of income tax
and NIC liability arising on exercise.
|
|
d)
|
Price and volumes
|
|
Price(s)
|
Volume(s)
|
|
2.205
|
48,642
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
Price
|
Aggregate Volume
|
|
2.205
|
48,642
|
|
|
e)
|
Date of the transaction
|
19 December 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
|
|
| |
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
|
a)
|
Name
|
PDMR - Rob Hudson
PCA - Robert Driscoll
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR - Chief Financial
Officer/Director
PCA - Person closely associated with Chief
Financial Officer/Director
|
|
b)
|
Initial notification
|
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 5p each in Grainger
plc
|
|
b)
|
Identification code
|
GB00B04V1276
|
|
c)
|
Nature of the transaction
|
Transfer of 52,649 Ordinary Shares of £0.05 each
to Robert Driscoll, PCA of Rob Hudson
|
|
d)
|
Price and volumes
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
52,649
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
|
Price
|
Aggregate Volume
|
|
Nil
|
52,649
|
|
|
e)
|
Date of the transaction
|
19 December 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
|
|
| |
Name of authorised official of issuer
responsible for making notification:
Sapna B FitzGerald, Group General Counsel and
Company Secretary
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