BELLWAY p.l.c.
(‘the Company’)
NOTIFICATION OF
TRANSACTIONS OF
PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES
26 MARCH 2020
The Company has been today informed that Jason Honeyman, Chief Executive has used 25% of
his 2019 bonus (after income tax and national insurance) to
purchase shares in the Company. The shares are held in the
name of his wife, Joanne
Honeyman. As set out in the 2019 Annual Report and
Accounts, whilst not a requirement of the Remuneration Policy,
Jason had informed the Remuneration Committee that he would invest
25% of his 2019 and 2020 bonuses (after income tax and national
insurance) in Bellway shares which he will keep for a minimum of
three years. This will help to build his shareholding ahead of a
change in the policy that the Committee will consider proposing to
the 2020 AGM.
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 |
Joanne Honeyman as PCA of Jason
Honeyman (PDMR |
| 2 |
Reason
for the notification |
| a) |
Position/status |
PCA of Director (PDMR) |
| b) |
Initial
notification/Amendment |
Initial notification |
| 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; to 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 instrument
Identification code |
12.5p ordinary shares
GB0000904986 |
| b) |
Nature of
the transaction
|
Purchase
of Ordinary shares in the Company |
| c) |
Price(s)
and volume(s) |
Price(s)
Volume(s)
£19.95
2,687 |
| d) |
Aggregated
information
Aggregated volume
Price |
|
| e) |
Date of the
transaction |
26 March 2020 |
| 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