Last checked at 20 Sep 2017 10:31
Grainger plc
("Grainger" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
The Company announces that following the maturity of the Company's 2012 5 year Save As You Earn Share Scheme award, Nick Jopling, who is a director and person discharging managerial responsibilities, has exercised his options over 21,770 shares at a price of £0.689 per share ("Shares"). The Shares are allotted by Capita, the Company's registrars in accordance with the scheme rules.
As a result of the above transaction, the interests of Nick Jopling, and their connected persons in the Company's ordinary share capital (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trust) are as follows:
Director/PDMR | Number of shares acquired | Total holdings following notification
| ||
Nick Jopling | 21,770 | 831,525
|
| |
The notifications below, made in accordance with the requirements of the EU 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)
| Names | Nick Jopling
| |
2
| Reason for the notification | ||
a)
| Position/status
| 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 share options under the Grainger 2012 Save as You Earn Share Scheme | |
d)
| Price and volumes | Price : £0.689 Volumes: 21,770 Ordinary Shares
| |
d)
| Aggregated information - Aggregated volume - Price |
N/A
| |
e)
| Date of the transaction | 20 September 2017 | |
f) | Place of the transaction | Outside a trading venue | |
Name of authorised official of issuer responsible for making notification.
Adam McGhin
Group General Counsel and Company Secretary