Last checked at 29 Mar 2018 13:32
29 March 2018
Persimmon Plc (the "Company")
Director/PDMR Shareholding-
2017 Bonus Share Scheme Awards
The Company made 2017 Bonus Share Scheme awards to the Executive Directors under the Company's Bonus Share Scheme for the year ended 31 December 2017 on 29 March 2018. The awards are for the deferred element of annual bonus and half will vest on the announcement of the Company's 2018 results and half on the announcement of the Company's 2019 results.
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, gives further details of the bonus share awards.
As previously announced, given the continued very strong performance and financial position of the Group, having completed its annual review of the availability of surplus capital, the Board concluded to increase the Capital Return Plan to shareholders. An interim dividend of 125p per share has been paid to shareholders today as an additional return of surplus capital. A final dividend of 110p per share will be paid to shareholders on 2 July 2018, subject to approval by shareholders at our AGM on 25 April 2018.
The total value of the Capital Return Plan was increased to £13.00 per share to 2021, more than double the £6.20 per share original commitment made by the Board in 2012.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Jeff Fairburn | |||
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
| Nil cost share awards made under the Persimmon Plc Bonus Share Scheme which will vest half on the announcement of the Company's 2018 results and half on the announcement of the Company's 2019 results. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
| Nil | 23,840 | |||
d)
| Aggregated information | ||||
- Aggregated volume | N/a single transaction | ||||
- Price | N/a single transaction | ||||
e)
| Date of the transaction
| 29/03/2018 | |||
f)
| Place of the transaction
| Outside of a main market | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Dave Jenkinson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Group Managing 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
| Nil cost share awards made under the Persimmon Plc Bonus Share Scheme which will vest half on the announcement of the Company's 2018 results and half on the announcement of the Company's 2019 results. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
| Nil | 8,666
| |||
d)
| Aggregated information | ||||
- Aggregated volume | N/a single transaction | ||||
- Price | N/a single transaction | ||||
e)
| Date of the transaction
| 29/03/2018 | |||
f)
| Place of the transaction
| Outside of a 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
| Nil cost share awards made under the Persimmon Plc Bonus Share Scheme which will vest half on the announcement of the Company's 2018 results and half on the announcement of the Company's 2019 results. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
| Nil | 8,611
| |||
d)
| Aggregated information | ||||
- Aggregated volume | N/a single transaction | ||||
- Price | N/a single transaction | ||||
e)
| Date of the transaction
| 29/03/2018 | |||
f)
| Place of the transaction
| Outside of a main market | |||
Tracy Davison
Company Secretary