Last checked at 24 Sep 2019 15:00
Galliford Try plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation.
Galliford Try plc (the "Company") notifies that the following restricted ordinary shares of 50 pence in the Company, previously granted under the Galliford Try plc Annual Bonus Plan 2007, were released on 24 September 2019 to the persons discharging managerial responsibilities ("PDMR") detailed below:
PDMR | No. of ordinary shares under the award | Date of grant of the award |
Kevin Corbett | 3,525 | 23 September 2016 |
Bill Hocking | 1,201 | 23 September 2016 |
Graham Prothero | 4,943 | 23 September 2016 |
On 24 September 2019, the following PDMRs' ordinary shares were sold at £6.70 per share to meet tax withholding liabilities associated with the vesting of the aforementioned awards:
PDMR | No. of ordinary shares sold |
Kevin Corbett | 1,275 |
Bill Hocking | 514 |
Graham Prothero | 2,112 |
The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Kevin Corbett | ||||
2 | Reason for Notification | |||||
a) | Position/status | General Counsel & Company Secretary / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Galliford Try plc | ||||
b) | LEI | 213800OOHUV3HHP46A02 | ||||
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 50 pence each in Galliford Try plc GB00B3Y2J508 | ||||
b) | Nature of the transaction | Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 24 September 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Bill Hocking | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive, Construction & Investments / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Galliford Try plc | ||||
b) | LEI | 213800OOHUV3HHP46A02 | ||||
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 50 pence each in Galliford Try plc GB00B3Y2J508 | ||||
b) | Nature of the transaction | Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 24 September 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Graham Prothero | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Galliford Try plc | ||||
b) | LEI | 213800OOHUV3HHP46A02 | ||||
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 50 pence each in Galliford Try plc GB00B3Y2J508 | ||||
b) | Nature of the transaction | Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 24 September 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Kevin Corbett | ||||
2 | Reason for Notification | |||||
a) | Position/status | General Counsel & Company Secretary / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Galliford Try plc | ||||
b) | LEI | 213800OOHUV3HHP46A02 | ||||
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 50 pence each in Galliford Try plc GB00B3Y2J508 | ||||
b) | Nature of the transaction | Shares sold to meet tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 24 September 2019 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Bill Hocking | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive, Construction & Investments / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Galliford Try plc | ||||
b) | LEI | 213800OOHUV3HHP46A02 | ||||
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 50 pence each in Galliford Try plc GB00B3Y2J508 | ||||
b) | Nature of the transaction | Shares sold to meet tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 24 September 2019 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Graham Prothero | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Galliford Try plc | ||||
b) | LEI | 213800OOHUV3HHP46A02 | ||||
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 50 pence each in Galliford Try plc GB00B3Y2J508 | ||||
b) | Nature of the transaction | Shares sold to meet tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 24 September 2019 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
For further enquiries:
Galliford Try plc | Kevin Corbett, Company Secretary | 01895 855001 |
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| Clara Melia, Investor Relations | 07748 171 236 |
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Tulchan Communications | James Macey White | 0207 353 4200 |
| Martin Pengelley |
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| Matt Low |
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Notes to Editors
Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners. Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2019, the Group generated revenue of £2.8 billion.