Last checked at 3 Mar 2016 17:12
3 March 2016
Directors' Shareholdings
Persimmon plc (the "Company") was notified on 2 March 2016 that on the same day the Executive Directors detailed below exercised options over shares awarded to them under the Company's Bonus Share Scheme. Also on 2 March 2016 Jeff Fairburn, Mike Killoran and Dave Jenkinson sold Ordinary shares in the Company in order to settle tax liabilities arising on the exercise of their share options. Details are set out below:
Name | Number of Shares Acquired | Exercise Price | Number of Ordinary Shares sold | Average Price |
Jeff Fairburn | 27,039 | Nil | 12,979 | £21.99527 |
Dave Jenkinson | 4,136 | Nil | 1,986 | £21.99527 |
Mike Killoran | 14,164 | Nil | 6,799 | £21.99527 |
Nigel Greenaway | 9,967 | Nil | Nil | N/a |
In addition, the Company was informed on 3 March 2016 that on the same day Mike Killoran transferred 105,000 shares in the Company to his wife Jacqueline Flanigan for nil consideration.
As a result of these transactions, the Executive Directors beneficial holdings (including interests of each Executive Directors' connected persons) in Ordinary shares are as follows:
Name | Beneficial Holding | Percentage of issued share capital
|
Jeff Fairburn | 168,375 | 0.05% |
Dave Jenkinson | 35,181 | 0.01% |
Mike Killoran | 657,649 | 0.21% |
Nigel Greenaway | 76,655 | 0.02% |
Jeff Fairburn and Mike Killoran also each have a non-beneficial interest in 48,360 and 64,022 shares respectively.
Following the Bonus Share Scheme option exercises set out above, Persimmon (Share Scheme Trustees) Limited holds 39,817 shares in the Company representing 0.01% of the issued share capital. These shares are held in an employee benefit trust for the Company's Bonus Share Scheme. Each of the Executive Directors of the Company is a potential participant under the Bonus Share Scheme and is therefore regarded as having a notional interest in these shares.
The issued share capital of the Company on 3 March 2016 was 307,621,205 ordinary shares.
G N Francis
Group Company Secretary