Travis Perkins: Director/PDMR Shareholding
Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
19-Aug-2022 / 09:04 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Travis Perkins plc (the “Company”) announces that on 18 August 2022 it was notified of the following exercise of nil-cost options and subsequent sale of ordinary shares in the Company of 11.205105p (“Shares”) to meet the income tax and national insurance liabilities arising from the exercise of options by Nick Roberts, Chief Executive Officer and a PDMR.
Name
Status
No. of Options exercised
Exercise & Sale Date
No. of Shares Sold
Price
No. of Shares Retained
Nick Roberts
PDMR
2019 PSP Recruitment Award
41,596
17/08/2022
20,141
£9.1504
21,455
2019 CIP
47,877
23,183
£9.1504
24,694
Following the above-mentioned exercises and sales Nick Roberts holds 81,505 ordinary Shares legally or beneficially. He is entitled to a further 78,456 Shares in the Company pursuant to unexercised options under the 2019 PSP which vested on 14 August 2022 but are subject to a further 2 year post-vesting holding period before being released. Consequently his interest in Shares and vested but unexercised options currently amounts to 159,961, exceeding the Company’s shareholding requirement for Executive Directors*.
*Under the Company’s Directors’ Remuneration Policy vested but unreleased options which are subject to a holding period are to be included when calculating compliance with Executive Directors’ shareholding requirement. Share price used to calculate compliance with the shareholding requirement was £9.20.
This Notification is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation, the Notification of Dealing Forms for the PDMR can be found below.
For further information please contact:
Sophie Leivers
Company Secretarial Assistant
+44 (0)7500 559100
Notification of Dealing Form
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nick Roberts
2
Reason for the notification
a)
Position/Status
Chief Executive Officer / PDMR
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Travis Perkins plc
b)
LEI
2138001I27OUBAF22K83
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 transaction have been conducted
a)
Description of the financial
instrument, type of instrument
Identification code
Ordinary Shares of 11.205105 pence each
ISIN: GB00BK9RKT01
b)
Nature of the transaction
Exercise of nil-cost options over Ordinary Shares granted under the Company's (1) Performance Share Plan and (2) Co-Investment Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
(1) Nil
(2) Nil
(1) 41,596
(2) 47,877
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
Nil
89,473
n/a
e)
Date of the transaction
17 August 2022
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Nick Roberts
2
Reason for the notification
a)
Position/Status
Chief Executive Officer / PDMR
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Travis Perkins plc
b)
LEI
2138001I27OUBAF22K83
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 transaction have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of 11.205105 pence each
ISIN: GB00BK9RKT01
b)
Nature of the transaction
Sale of Ordinary Shares to meet income tax and national insurance liabilities falling due on exercise of options under: (1) the Company's 2019 Performance Share Plan and (2) the Company’s 2019 Co-Investment Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
1. £9.1504
2. £9.1504
1. 20,141
2. 23,183
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
£9.1504
43,324
£396,431.93
e)
Date of the transaction
17 August 2022
f)
Place of the transaction
XLON
ISIN: GB00BK9RKT01 Category Code: DSH TIDM: TPK LEI Code: 2138001I27OUBAF22K83 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 182451 EQS News ID: 1424015
End of Announcement EQS News Service