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Director/PDMR Shareholding

15 Jan 2016 14:31

RNS Number : 0687M
Grainger PLC
15 January 2016
 

15 January 2016

 

 

 

 

 

Grainger plc

Director/PDMR Shareholdings

 

Grainger plc ("The Company") announces, pursuant to the Grainger 2007 Long Term Incentive Plan ("LTIP") and following an assessment of the performance conditions by its Remuneration Committee that 98% of the share awards, conditionally granted on 10 December 2012, vested on 11 January 2016.

 

Executive Director/PDMR

Shares Vesting

 

Nick Jopling

363,224

Laure Duhot

162,332

 

Arrangements are in hand to transfer the shares that are vesting from the Grainger plc Employee Benefits Trust ("EBT") to the Executive Director/PDMR.

 

The Company further announces the following sales of ordinary shares by the above Directors of the Company on 13 January 2016 at a price of 233.11p

 

Executive Director/PDMR

Shares Sold

 

Nick Jopling

170,715

 

Laure Duhot

76,298

 

 

 

The total shareholdings of the above Director/PDMR after these transactions are:-

 

Executive Director

Holding prior to notification

Holding following notification

Percentage holding following notification

 

Nick Jopling

599,401

791,910

0.19%

Laure Duhot

8,513

94,551

0.02%

 

For and on behalf of

Grainger plc

 

 

M P Windle

Deputy Company Secretary

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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