30 Sep 2019 11:18
Grainger plc
("Grainger" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
The Company announces that following the maturity of the Company's 2016 3 year Save As You Earn Share Scheme award, Helen Gordon, who is a director, has exercised her options over 11,941 shares at a price of £1.5073 per share ("Shares"). The Shares are allotted by Link, the Company's registrars in accordance with the scheme rules.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
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)
| Names | Helen Gordon | |
2
| Reason for the notification | ||
a)
| Position/status
| Chief Executive Officer/Director | |
b)
| Initial notification
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Grainger plc
| |
b)
| LEI | 2138007CEIRKZMNI2979 | |
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 | ||
a)
| Description of the financial instrument, type of instrument
| Ordinary Shares of 5p each in Grainger plc | |
b) | Identification code
| GB00B04V1276 | |
c)
| Nature of the transaction
| Exercise of share options under the Grainger 2014 Save as You Earn Share Scheme | |
d)
| Price and volumes | Price: £1.5073 Volumes: 11,941 Ordinary Shares
| |
d)
| Aggregated information - Aggregated volume - Price |
N/A
| |
e)
| Date of the transaction | 26 September 2019 | |
f) | Place of the transaction | Outside a trading venue | |
Name of authorised official of issuer responsible for making notification.
Adam McGhin
Group General Counsel and Company Secretary
Grainger plc (GRI)