17 Oct 2023 11:45
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN ORDINARY SHARES OF 10p EACH IN THE COMPANY (“Shares”)
On October 12, 2023 the Company granted the following awards to Executive Directors and/or PDMRs under the following plans:
Ferguson Group Long Term Incentive Plan 2019 (“LTIP”)
Awards were made to two Executive Directors as set out in the table below:
Executive Director | Conditional share awards |
K Murphy | 37,596 |
W Brundage | 18,835 |
Ferguson Group Performance Ordinary Share Plan 2019 (“POSP”) and Ferguson Group Ordinary Share Plan 2019 (“OSP”)
Awards were made to eight PDMRs as set out in the table below under the POSP and OSP:
PDMR | POSP Conditional share awards | OSP Conditional share awards |
I Graham | 9,569 | 2,050 |
M Jacobs | 6,156 | 1,319 |
S Long | 9,551 | 2,046 |
V Morrissey | 5,940 | 1,272 |
J Paisley | 9,931 | 2,128 |
J Schlicher | 8,758 | 1,876 |
W Thees | 9,794 | 2,098 |
J Williams | 8,316 | 1,782 |
The awards were granted as conditional share awards. No consideration is payable at allocation or on vesting.
The LTIP and POSP awards will only vest upon, normally, continued employment and the achievement of certain corporate performance conditions measured over a three year period. Details of the performance conditions attached to the awards will be disclosed at the appropriate time in the relevant public disclosures required to be made by the Company. Subject to, normally, continued employment and the meeting of the performance conditions, the LTIP and POSP conditional awards will vest on October 12, 2026.
The OSP awards have no performance conditions and will normally vest, only subject to continued employment with the Company, on October 12, 2026.
The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), provide further detail.
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Kevin Murphy |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Long Term Incentive Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 37,596
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | William Brundage |
2 | Reason for the notification | |
a) | Position/status | Chief Financial Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Long Term Incentive Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 18,835
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Ian Graham |
2 | Reason for the notification | |
a) | Position/status | Chief Legal Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 9,569
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Ian Graham |
2 | Reason for the notification | |
a) | Position/status | Chief Legal Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 2,050
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Michael Jacobs |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 6,156
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Michael Jacobs |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 1,319
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Samantha Long |
2 | Reason for the notification | |
a) | Position/status | Chief Human Resources Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 9,551
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Samantha Long |
2 | Reason for the notification | |
a) | Position/status | Chief Human Resources Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 2,046
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Victoria Morrissey |
2 | Reason for the notification | |
a) | Position/status | Chief Marketing Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 5,940
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Victoria Morrissey |
2 | Reason for the notification | |
a) | Position/status | Chief Marketing Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 1,272
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | James Paisley |
2 | Reason for the notification | |
a) | Position/status | Chief Digital and Information Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 9,931
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | James Paisley |
2 | Reason for the notification | |
a) | Position/status | Chief Digital and Information Officer |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 2,128
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jake Schlicher |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 8,758
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jake Schlicher |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 1,876
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | William Thees |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 9,794
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | William Thees |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 2,098
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | John Williams |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Performance Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 8,316
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | John Williams |
2 | Reason for the notification | |
a) | Position/status | Senior Vice President |
b) | Initial/Amendment notification | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Ferguson plc |
b) | LEI | 213800DU1LGY3R2S2X42 |
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
Identification code | Ordinary Shares of 10p each
ISIN: JE00BJVNSS43 |
b) | Nature of the transaction | The grant of conditional shares under the Ferguson Group Ordinary Share Plan 2019 |
c) | Price(s) and volume(s) |
Price(s) Volume(s) $0.00 1,782
USD – US Dollars |
d) | Aggregated information
Aggregated volume
Price |
Not applicable
$0.00 |
e) | Date of the transaction | 2023-10-12; UTC time |
f) | Place of the transaction | Outside a Trading Venue |
Enquiries:
Kate McCormick, Company Secretary Tel: +44 (0) 118 927 3827
October 17, 2023
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Ferguson (FERG)