Last checked at 5 Mar 2020 16:47
5 March 2020
Persimmon Plc (the "Company")
Director/PDMR Shareholding
On 4 March 2020 Dave Jenkinson, Group Chief Executive, and Mike Killoran, Group Finance Director exercised options over shares awarded to them under the Company's Bonus Share Scheme for annual bonus earned for the 2017 financial year. Also on 4 March 2020 in connection with these option exercises, both Executive Directors sold ordinary shares in the Company to settle tax liabilities arising on the exercise of these options.
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, gives further details:
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Dave Jenkinson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Group Chief Executive | |||
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
| Acquisition of shares following exercise of an option under the Persimmon Plc Annual Bonus Share Scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 4,333 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 04/03/2020 | |||
f)
| Place of the transaction
| Outside of a main market | |||
Transaction 2 | |||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
Identification code | GB0006825383 | ||||
b)
| Nature of the transaction
| Sale of shares to meet tax and commission charges (balance shares retained) following exercise of an option under the Persimmon Plc Annual Bonus Share Scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£30.16 | 2,167
| ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 04/03/2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON); Main Market | |||
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
| Acquisition of shares following exercise of an option under the Persimmon Plc Annual Bonus Share Scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 4,306 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 04/03/2020 | |||
f)
| Place of the transaction
| Outside of a main market | |||
Transaction 2 | |||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
Identification code | GB0006825383 | ||||
b)
| Nature of the transaction
| Sale of shares to meet tax and commission charges (balance shares retained) following exercise of an option under the Persimmon Plc Annual Bonus Share Scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£30.16 | 2,153
| ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 04/03/2020 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON); Main Market | |||
Tracy Davison
Company Secretary