Last checked at 7 Mar 2016 16:18
Taylor Wimpey plc
7 March 2016
Directors' Shareholdings
Taylor Wimpey Performance Share Plan ("TWPSP") - 2016 Awards
Conditional Performance Share Awards have today been granted to three Executive Directors under the TWPSP as set out below:
TWPSP shares TWPSP shares
Name Director awarded today held in total in
unvested PSP awards
(incl. this new Award)
Pete Redfern Director 888,720 3,147,424
Ryan Mangold Director 446,677 1,486,605
James Jordan Director 412,619 1,461,302
The price used to calculate the above Awards was 179.10 pence being the average mid-market close price for Taylor Wimpey plc 1p Ordinary Shares for the three business days prior to the date of these Awards on 7 March 2016.
The vesting of Awards under the TWPSP will be subject to the achievement of performance criteria based on Total Shareholder Return, Return on Capital Employed and Company Cash Conversion performance, and will be measured at the end of the applicable three year performance period.
James Jordan
Group Legal Director and Company Secretary
7 March 2016