Bellway PLC Director/PDMR Shareholding
November 10 2017 - 8:00AM
UK Regulatory
TIDMBWY
BELLWAY p.l.c. ('the Company')
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
10 NOVEMBER 2017
The Company was informed today that under the terms of the Bellway p.l.c.
Employee Share Trust (1992) (an arrangement to reward directors and employees)
23,246 ordinary 12.5p shares (including dividend equivalent shares which have
accrued between grant and vesting) were transferred on 10 November 2017 to
Keith Adey for nil consideration under the Bellway p.l.c. (2013) Performance
Share Plan.
Mr Adey immediately thereafter sold 10,948 Bellway p.l.c. 12.5p ordinary shares
at a price of GBP34.2885 per share to cover income tax and NI liabilities and
transferred the balance of 12,298 shares to Mrs Jayne Adey.
The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the EU Market Abuse Regulations.
BELLWAY p.l.c.
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name 1 Keith Adey
2 Jayne Adey
2 Reason for the notification
a) Position/status 1 Director (PDMR)
2 PCA of PDMR
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Bellway p.l.c.
b) LEI 213800CY4L3HST4FGZ98
4 Details of the transaction(s): section to date;t o be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each and (iv) each
place where transactions have been conducted
a) Description of the financial
instrument, type of 12.5p ordinary shares
instrument
GB0000904986
Identification code
b) Nature of the transaction 1a Exercise of award granted in November
2014 under the Company's Performance Share Plan and
associated dividend accrual shares.
1b Sale of shares to cover income tax and NI
liability due on the exercise of this award.
1c+2 Transfer of shares to Jayne Adey (PCA).
c) Price(s) and volume(s) Price(s) Volume
(s)
1a Nil 23,246
1b GBP34.2885 10,948
1c+2 Nil 12,298
d) Aggregated information
Aggregated volume N/A
Price N/A
e) Date of the transaction 10 November 2017
f) Place of the transaction London Stock Exchange (XLON)
Name of contact and telephone number for queries:
Simon Scougall
Group General Counsel & Company Secretary
Bellway p.l.c.
Tel: 0191 217 0717
END
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