TIDMPSN

RNS Number : 2620R

Persimmon PLC

13 June 2018

13 June 2018

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 11 June 2018, Jeff Fairburn, Group Chief Executive, and Mike Killoran, Group Finance Director, exercised awards under the Company's 2012 Long Term Incentive Plan ("2012 LTIP").

Jeff Fairburn and Mike Killoran received 510,400 and 714,561 shares respectively, both net of the applicable option exercise price and their respective income tax and National Insurance liabilities.

Neither Jeff Fairburn nor Mike Killoran sold any of the shares received. Under the rules of the 2012 LTIP, both are required to hold 50% of the shares received for at least twelve months.

Additionally, on 11 June 2018 Jeff Fairburn transferred 117,865 shares in the Company to his wife, Jayne Fairburn.

Following these transactions the total interests in the Company of Jeff Fairburn and Mike Killoran (and their Closely Associated Persons) have increased to 710,330 shares and 1,385,248 shares respectively.

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                             Jeff Fairburn 
-----  -------------------------------  --------------------------------------------- 
 2      Reason for the notification 
-----  ------------------------------------------------------------------------------ 
 a)     Position/status                  Group Chief Executive 
-----  -------------------------------  --------------------------------------------- 
 b)     Initial notification             Initial notification 
         /Amendment 
-----  -------------------------------  --------------------------------------------- 
 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                   Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification                   GB0006825383 
         code 
 
 b)     Nature of the                    Acquisition of shares pursuant 
         transaction                      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               963,020 
                                    -----------       ------------------------------- 
 
 d)     Aggregated information           N/a single transaction 
----- 
 
        - Aggregated 
         volume 
 
        - Price 
 
 e)     Date of the transaction          11/06/2018 
-----  -------------------------------  --------------------------------------------- 
 f)     Place of the                     Outside of a main market 
         transaction 
-----  -------------------------------  --------------------------------------------- 
 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                    Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification                    GB0006825383 
         code 
 
 b)     Nature of the                     Transfer to the company's 
         transaction                       employee benefit trust of 
                                           shares 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) 
----                                      ----------  ------------------------------- 
                                      GBP28.60         452,620 
                                     ---------------  ------------------------------- 
 
 d)     Aggregated information            N/A Single transaction 
----- 
 
        - Aggregated 
         volume 
 
        - Price 
 
 e)     Date of the transaction           11/06/2018 
-----  --------------------------------  -------------------------------------------- 
 f)     Place of the                      Outside of a main market 
         transaction 
-----  --------------------------------  -------------------------------------------- 
 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 3 
----- 
 a)     Description of                   Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification                   GB0006825383 
         code 
 
 b)     Nature of the                    Transfer of shares to spouse 
         transaction 
-----  -------------------------------  --------------------------------------------- 
 c)     Price(s) and 
         volume(s) 
-----                                    -----------  ------------------------------- 
                                          Price(s)     Volume(s) 
----                                     -----------  ------------------------------- 
                                     Nil               117,865 
                                    -----------       ------------------------------- 
 
 d)     Aggregated information           N/a single transaction 
----- 
 
   - Aggregated 
    volume 
 
   - Price 
 
 e)     Date of the transaction          11/06/2018 
-----  -------------------------------  --------------------------------------------- 
 f)     Place of the                     Outside of a main market 
         transaction 
-----  -------------------------------  --------------------------------------------- 
 
 
 
 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             Initial notification 
         /Amendment 
-----  -------------------------------  --------------------------------------------- 
 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                   Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification                   GB0006825383 
         code 
 
 b)     Nature of the                    Acquisition of shares pursuant 
         transaction                      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               1,348,229 
                                    -----------       ------------------------------- 
 
 d)     Aggregated information           N/a single transaction 
----- 
 
        - Aggregated 
         volume 
 
        - Price 
 
 e)     Date of the transaction          11/06/2018 
-----  -------------------------------  --------------------------------------------- 
 f)     Place of the                     Outside of a main market 
         transaction 
-----  -------------------------------  --------------------------------------------- 
 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                    Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification                    GB0006825383 
         code 
 
 b)     Nature of the                     Transfer to the company's 
         transaction                       employee benefit trust of 
                                           shares 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) 
----                                      ----------  ------------------------------- 
                                      GBP28.60         633,668 
                                     ---------------  ------------------------------- 
 
 d)     Aggregated information            N/A Single transaction 
----- 
 
   - Aggregated 
    volume 
 
   - Price 
 
 e)     Date of the transaction           11/06/2018 
-----  --------------------------------  -------------------------------------------- 
 f)     Place of the                      Outside of a main market 
         transaction 
-----  --------------------------------  -------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  -------------------------------------------------------------------- 
 a)    Name                           Jayne Fairburn 
----  -----------------------------  ------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/status                Closely associated person 
                                       of Jeff Fairburn, Group Chief 
                                       Executive 
----  -----------------------------  ------------------------------------- 
 b)    Initial notification           Initial notification 
        /Amendment 
----  -----------------------------  ------------------------------------- 
 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                 Ordinary shares of 10p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                 GB0006825383 
        code 
 
 b)    Nature of the                  Acquisition of shares from 
        transaction                    spouse 
----  -----------------------------  ------------------------------------- 
 c)    Price(s) and 
        volume(s) 
----                                  -----------------  --------------- 
                                       Price(s)           Volume(s) 
----                                  -----------------  --------------- 
    Nil                                                   117,865 
   ----------------------------------------------------  --------------- 
 
 d)    Aggregated information         N/a single transaction 
---- 
 
  - Aggregated 
   volume 
 
  - Price 
 
 e)    Date of the transaction        11/06/2018 
----  -----------------------------  ------------------------------------- 
 f)    Place of the                   Outside of a main market 
        transaction 
----  -----------------------------  ------------------------------------- 
 

Tracy Davison

Company Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHEANKDFFFPEEF

(END) Dow Jones Newswires

June 13, 2018 05:14 ET (09:14 GMT)

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