Last checked at 26 May 2020 14:28
26 May 2020
Persimmon Plc (the "Company")
Director/PDMR Shareholding
Persimmon Plc announces that on 22 May 2020 Mike Killoran, Group Finance Director was granted an award over 49,530 shares under the Persimmon Plc 2017 Performance Share Plan.
The amount of the award is valued at 200% of base salary and the share price used to calculate the award was £21.28 being the official list price on the 21 May 2020. The three year performance period will run from 1 January 2020 to 31 December 2022 and there is a further two year holding period before the shares can be released to the Executive Director.
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Mike Killoran | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Group Finance Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Persimmon Plc | |||
b)
| LEI
| 213800XI72Y57UWN6F31 | |||
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
| ||||
Transaction 1 | |||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
Identification code | GB0006825383 | ||||
b)
| Nature of the transaction
| Grant of award made under the 2017 Performance Share Plan subject to performance criteria | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 49,530 | ||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | N/A Single transaction | ||||
e)
| Date of the transaction
| 22 May 2020 | |||
Tracy Davison
Company Secretary