8 Mar 2017 11:49
8 March 2017
Persimmon Plc
Director/PDMR Shareholding
Persimmon plc (the "Company") announces that on 7 March 2017 the Executive Directors detailed below exercised options over shares awarded to them under the Company's Bonus Share Scheme. Also on 7 March 2017 Jeff Fairburn, Mike Killoran and Dave Jenkinson sold Ordinary shares in the Company in order to settle tax liabilities arising on the exercise of their share options. Following these transactions Jeff Fairburn's, Mike Killoran's and Dave Jenkinson's total interests in the Company and those of their connected persons have increased to 182,615 shares, 663,259 shares and 39,129 shares respectively.
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, gives further details:
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
1. Jeff Fairburn 2. Mike Killoran 3. Dave Jenkinson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| 1. Group Chief Executive 2. Group Finance Director 3. Group Managing Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Persimmon Plc | |||
b)
| LEI
| 213800XI72Y57UWN6F31 | |||
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 | Ordinary shares of 10p each | |||
Identification code | GB0006825383 | ||||
b)
| Nature of the transaction
| Acquisition of shares following exercise of Awards under the Persimmon Plc Annual Bonus Share Scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 1. 31,900 2. 11,220 3. 7,896 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 51,016 | ||||
- Price | Nil | ||||
e)
| Date of the transaction
| 07/03/2017 | |||
f)
| Place of the transaction
| Outside of a main market | |||
Transaction 2 | |||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
Identification code | GB0006825383 | ||||
b)
| Nature of the transaction
| Sale of shares to meet tax and commission charges (balance shares retained) following exercise of Awards under the Persimmon Plc Annual Bonus Share Scheme | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£21.2548 | 1. 15,950 2. 5,610 3. 3,948 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 25,508 | ||||
- Price | £21.2548 | ||||
e)
| Date of the transaction
| 07/03/2017 | |||
f)
| Place of the transaction
| London Stock Exchange (XLON); Main Market | |||
Tracy Davison
Company Secretary
Persimmon (PSN)