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Pin to quick picksHowden Joinery Regulatory News (HWDN)

Share Price Information for Howden Joinery (HWDN)

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Share Price: 872.00
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Change: 13.50 (1.57%)
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Director/PDMR Shareholding

10 Apr 2024 14:30

RNS Number : 0655K
Howden Joinery Group PLC
10 April 2024
 

10 April 2024

HOWDEN JOINERY GROUP PLC

(the "Company")

 

NOTIFICATION OF TRANSACTION IN SHARES BY EXECUTIVE DIRECTORS AND

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

 

Vesting of conditional share awards under the Howdens Long Term Incentive Plan (LTIP)

 

The Company announces that the Performance Share Plan (PSP) awards granted to certain Persons Discharging Managerial Responsibilities ("PDMRs") under the Company's LTIP on 6 April 2021 (the "2021 Award") has vested.

 

The 2021 Award was granted subject to the achievement of certain performance targets based on the Company's growth in pre-exceptional profit before tax and relative total shareholder returns over the three-year period ending 30 December 2023. An additional holding period of two years will apply to shares retained from the 2021 Award.

 

The following transactions took place in relation to the 2021 Award, which was granted over ordinary 10 pence shares of the Company ("Shares") to the PDMRs listed below:

 

Name of Director or PDMR

Number of Shares which vested under the Award

Number of Shares which were sold*

Shares retained

Andrew Livingston

191,843

90,348

101,495

Paul Hayes

125,436

59,074

66,362

Theresa Keating

50,308

23,693

26,615

Julian Lee

52,320

24,640

27,680

Richard Sutcliffe

50,308

23,693

26,615

Andy Witts

58,357

27,483

30,874

 

*Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 868.82p.

Grant of conditional share awards under the LTIP

 

The Company announces that on 8 April 2024 it granted a PSP award over 67,709 Shares to Stuart Livingstone, a PDMR, under the Company's LTIP. The award will vest subject to performance against targets measured over a three-year period. A further two-year holding period will then apply to any shares Mr Livingstone is entitled to acquire on vesting.

 

The Company further announces that on 8 April 2024 it granted conditional share awards over a total of 48,859 Shares to Stuart Livingstone under the Company's LTIP. These awards will vest in two tranches subject to continued employment.

 

 

The Notification of Dealing Forms for the above transactions may be found below. These notifications are provided in accordance with the requirements of the UK Market Abuse Regulation.

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

William Andrew Livingston

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group Plc

b)

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

191,843

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

191,843

n/a

Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 8.6882

90,348

GBP 784,961.49

Aggregated information

Price

Aggregated Volume

Total

GBP 8.6882

90,348

GBP 784,961.49

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Hayes

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group Plc

b)

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

125,436

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

125,436

n/a

Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 8.6882

59,074

GBP 513,246.73

Aggregated information

Price

Aggregated Volume

Total

GBP 8.6882

59,074

GBP 513,246.73

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Theresa Keating

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group Plc

b)

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

50,308

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

50,308

n/a

Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 8.6882

23,693

GBP 205,849.52

Aggregated information

Price

Aggregated Volume

Total

GBP 8.6882

23,693

GBP 205,849.52

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

George Julian Lee

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group Plc

b)

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

52,320

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

52,320

n/a

Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 8.6882

24,640

GBP 214,077.25

Aggregated information

Price

Aggregated Volume

Total

GBP 8.6882

24,640

GBP 214,077.25

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Sutcliffe

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group Plc

b)

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

50,308

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

50,308

n/a

Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 8.6882

23,693

GBP 205,849.52

Aggregated information

Price

Aggregated Volume

Total

GBP 8.6882

23,693

GBP 205,849.52

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Witts

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group Plc

b)

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

58,357

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

58,357

n/a

Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 8.6882

27,483

GBP 238,777.80

Aggregated information

Price

Aggregated Volume

Total

GBP 8.6882

27,483

GBP 238,777.80

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stuart Livingstone

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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

 

Nature of transaction

Grant of conditional share awards under the Howdens Long Term Incentive Plan

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2024-04-08

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

67,709

n/a

GBP nil

48,859

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

116,568

n/a

 

 

Enquiries

Caitlin Slatter, Deputy Company Secretary: 020 7535 1162

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFLFIFSRIILIS
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