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Director/PDMR Shareholding

4 Mar 2014 13:15

RNS Number : 4937B
Taylor Wimpey PLC
04 March 2014
 



Taylor Wimpey plc

 

4 March 2014

 

 

Directors' Shareholdings

Taylor Wimpey Performance Share Plan ("TWPSP") - 2014 Awards

 

Conditional performance share awards have today been granted to three Executive Directors under the TWPSP as set out below:

 

Name Director TWPSP Shares Awarded

Pete Redfern Director 1,222,746

Ryan Mangold Director 562,963

James Jordan Director 567,703

 

The price used to calculate the above awards was 123.30 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 4 March 2014.

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 Operating Margin, which will be measured at the end of the applicable three year performance period.

 

James Jordan

Group Legal Director and Company Secretary

4 March 2014

 

 

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