Last checked at 29 Feb 2024 16:15
29 February 2024
Taylor Wimpey plc
Director/PDMR Dealing
The Directors named below have acquired a further interest in the Ordinary Shares of 1 pence each in Taylor Wimpey plc (the 'Company') as a result of exercising their 2021 Taylor Wimpey Performance Share Plan Award and selling sufficient shares to meet tax and commission charges. The balance of shares will be retained by each Director for two years in the Company's Employee Benefit Trust in accordance with the Company's holding requirements.
In accordance with the requirements of Article 19 of the UK Market Abuse Regulation, detailed information is set out below.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name |
Jennie Daly
| ||||
2 | Reason for the notification | |||||
a) | Position/status | 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 | Taylor Wimpey plc | ||||
b) | LEI | 21380089BTRXTD8S3R66 | ||||
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
Identification code
| Ordinary shares of 1 pence each
GB0008782301
| ||||
b)
| Nature of the transaction
| Acquisition of shares following exercise of Awards under the Taylor Wimpey Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A | ||||
e)
| Date of the transaction | 28 February 2024 | ||||
f)
| Place of the transaction | Private transaction | ||||
|
Transaction 2 | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 1 pence each
GB0008782301
| ||||
b)
| Nature of the transaction
| Sale of shares to meet tax and commission charges (balance shares retained in the Employee Benefit Trust) following exercise of Awards under the Taylor Wimpey Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
104,503
1.3389 | ||||
e)
| Date of the transaction
| 28 February 2024 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name |
Chris Carney
| ||||
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 | Taylor Wimpey plc | ||||
b) | LEI | 21380089BTRXTD8S3R66 | ||||
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
Identification code
| Ordinary shares of 1 pence each
GB0008782301
| ||||
b)
| Nature of the transaction
| Acquisition of shares following exercise of Awards under the Taylor Wimpey Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A | ||||
e)
| Date of the transaction | 28 February 2024 | ||||
f)
| Place of the transaction | Private transaction | ||||
|
Transaction 2 | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 1 pence each
GB0008782301
| ||||
b)
| Nature of the transaction
| Sale of shares to meet tax and commission charges (balance shares retained in the Employee Benefit Trust) following exercise of Awards under the Taylor Wimpey Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
114,431
1.3389 | ||||
e)
| Date of the transaction
| 28 February 2024 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
-Ends-
For further information please contact:
Taylor Wimpey plc
Mike Lonnon, Deputy Secretary Tel: +44 (0) 1494 885614