Travis Perkins: Director/PDMR Shareholding
Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
03-Apr-2023 / 15:45 GMT/BST
Travis Perkins plc (the “Company”) announces that on 31 March 2023 it was notified of the exercise and sale of nil-cost options, over the number of ordinary shares of 11.205105p each by the PDMRs listed below. Only sufficient shares required to be sold to meet the income tax and national insurance liabilities arising from the exercises were sold. All remaining shares were retained as detailed in the right hand column of the table immediately below.
Following the exercise Nick Roberts legally or beneficially owns 92,030 shares in the Company and Alan Williams legally or beneficially owns 297,329 shares in the Company. Furthermore, on 17 March 2023 the 2020 tranche of the Company’s Performance Share Plan vested and on 3 April the 2020 tranche of the Company’s Co-Investment Plan vested. Nick Roberts’ and Alan Williams’ options under those plans are subject to a two year post-vesting holding period and accordingly, although vested, the shares pursuant to those options will not be released to them until 17 March 2025 and 3 April 2025. Under those schemes, however, Nick Roberts and Alan Williams are entitled to a further 122,396 and 99,865, respectively, vested but unreleased shares in the Company.
Name
Status
No. of options exercised
Exercise & sale date
No. of shares sold
Price
No. of shares retained
Nick Roberts
PDMR
2020 DSBP
16,986
30/03/2023
8,012
£9.601412
8,974
Name
Status
No. of options exercised
Exercise & sale date
No. of shares sold
Price
No. of shares retained
Alan Williams
PDMR
2020 DSBP
22,918
30/03/2023
10,810
£9.601412
12,108
Name
Status
No. of options exercised
Exercise & sale date
No. of shares sold
Price
No. of shares retained
Robin Miller
PDMR
2020 PSP Unapproved
17,350
30/03/2023
8,183
£9.601412
9,167
2020 DSBP
8,870
4,184
£9.601412
4,686
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 Deferred Share Bonus Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
Nil
16,986
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
Nil
16,986
n/a
e)
Date of the transaction
30 March 2023
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 the Company's 2020 Deferred Share Bonus Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
£9.601412
8,012
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
£9.601412
8,012
£76,926.51
e)
Date of the transaction
30 March 2023
f)
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alan Williams
2
Reason for the notification
a)
Position/Status
Chief Financial 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 Deferred Share Bonus Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
Nil
22,918
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
Nil
22,918
n/a
e)
Date of the transaction
30 March 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alan Williams
2
Reason for the notification
a)
Position/Status
Chief Financial 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 the Company's 2020 Deferred Share Bonus Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
£9.601412
10,810
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
£9.601412
10,810
£103,791.26
e)
Date of the transaction
30 March 2023
f)
Place of the transaction
XLON
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robin Miller
2
Reason for the notification
a)
Position/Status
General Counsel & Company Secretary / 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) Deferred Share Bonus Plan
c)
Price(s) and volume (s)
Price(s)
Volume(s)
(1) Nil
(2) Nil
(1) 17,350
(2) 8,870
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
Nil
26,220
n/a
e)
Date of the transaction
30 March 2023
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robin Miller
2
Reason for the notification
a)
Position/Status
General Counsel & Company Secretary / 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 2020 Performance Share Plan and (2) the Company’s 2020 Deferred Share Bonus Plan
c)
Price(s) and volume (s)
Price(s)
Volume(s)
(1) £9.601412
(2) £9.601412
(1) 8,183
(2) 4,184
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
£9.601412
12,367
£118,740.66
e)
Date of the transaction
30 March 2023
f)
Place of the transaction
XLON
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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.: 234618 EQS News ID: 1600069
End of Announcement EQS News Service