Last checked at 7 Aug 2013 16:52
TAYLOR WIMPEY PLC - DIRECTORS' SHARE DEALINGS
Taylor Wimpey plc (the 'Company') announces that following the achievement of performance conditions in respect of nil cost options granted on 6 August 2010 under the Taylor Wimpey Performance Share Plan ('PSP') and the consequent partial vesting of those options, the Directors of the Company named below have today carried out the following transactions.
Pete Redfern | Ryan Mangold | James Jordan | ||||
Number of PSP options exercised | 1,645,647 | 178,963 | 573,038 | |||
Shares sold to meet tax and NI liability, and dealing costs | -775,394 | -84,325 | -270,004 | |||
Other shares sold | -435,126 | Nil | -151,517 | |||
Shares retained by Director | 435,127 | 94,638 | 151,517 | |||
The above transactions were carried out in London on 7th August 2013 at a price per share of 111.92 pence.
As a result of the above transactions the shareholdings of the Directors in the shares of the Company have increased as follows:
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| Holdings prior to above transactions | Holdings after above transactions |
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| Shares % of Salary | % of Salary* | Shares | % of Salary* |
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Pete Redfern
| 2,137,675 | 317% | 2,572,802 | 382% |
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Ryan Mangold
| 452,107 | 146% | 546,745 | 176% |
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James Jordan
| 1,052,134 | 336% | 1,203,651 | 385% |
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*as at today's date, including net amount of deferred shares held on trust under the Taylor Wimpey Executive Incentive Scheme.
James J Jordan
Group Legal Director and Company Secretary
7 August 2013