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Pin to quick picksTaylor Wimpey Regulatory News (TW.)

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Director/PDMR Shareholding

30 Mar 2016 10:58

RNS Number : 5419T
Taylor Wimpey PLC
30 March 2016
 

TAYLOR WIMPEY PLC - DIRECTORS' SHARE DEALINGS

 

Taylor Wimpey plc (the Company) announces that following the expiry of the three year qualifying period applicable to the 2013 deferral of the 2012 cash bonus award, including DRIP dividend shares added during the three year qualifying period, pursuant to the rules of the Taylor Wimpey Executive Incentive Plan ("EIS"), the shares have been released as nil cost options and the Directors of the Company named below have carried out the following transactions in accordance with applicable Company shareholding guidelines:

 

 

 

Ryan Mangold

James Jordan

 

EIS

EIS

 

 

Number of share options exercised

 

 

 

116,078

 

125,051

Shares sold to meet tax and NI liability, and dealing costs

 

(54,694)

(59,062)

Other shares sold

 

Nil

(52,733)

Total shares acquired and retained by Director

61,384

13,256

 

The above transactions were carried out in London on 29 March 2016 at an average price of 189.80 pence per share.

 

As a result of the transactions the shareholdings of the Directors in the shares of the Company have increased as follows:

 

 

 

Holding prior to above dealings

% of shareholding to salary prior to above dealings

Holding after above dealings

% of shareholding to salary*

Ryan Mangold

 

892,399

423%

953,783

453%

James Jordan

 

1,561,354

802%

1,574,610

809%

*based on the price of 189.80 pence at which the above transactions were carried out, and excluding deferred shares currently held on trust under the EIS.

 

James J Jordan

 

Group Legal Director and Company Secretary

30 March 2016

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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