29 Mar 2018 10:00
29 March 2018
Wm Morrison Supermarkets PLC
(the "Company")
Notification of Dealings in the Company's Shares by Directors
The Company announces the following dealings in the Company's ordinary shares of 10p each ("Shares") undertaken by directors / persons discharging managerial responsibility.
On 27 March 2018, the release from an award granted under the rules of the Wm Morrison Supermarkets Deferred Share Bonus Plan on 27 March 2015 meant that Trevor Strain would receive 146,760 Shares in the Company before the settlement of income tax and employee's national insurance contributions.
In accordance with the discretion provided under the scheme rules, the Remuneration Committee took the decision to fully cash settle this award, resulting in Trevor Strain receiving the award as a cash payment and not Shares in the Company.
The share price on release was 205.45 pence per share.
Trevor Strain's total shareholding following this action remains at 282,732 Shares. Trevor Strain has a further 714,299 Shares in his Deferred Share Bonus Plans, which are not subject to performance.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Enquiries:
Andrew Kasoulis - Investor Relations 07785 343515
Julian Bailey - Media Relations 07969 061092
End