Grainger PLC Director/PDMR Shareholding (4573H)
March 12 2018 - 9:59AM
UK Regulatory
TIDMGRI
RNS Number : 4573H
Grainger PLC
12 March 2018
Grainger plc
("Grainger" or the "Company")
GRAINGER PLC BUY OUT AWARD VESTING
The Company announces that the third and final tranche of the
buyout award granted to Helen Gordon, CEO, on 12 January 2016,
vested on 9 March 2018. Following an assessment of the applicable
performance conditions, 26,524 shares options vested (53% of the
50,045 shares awarded).
Arrangements are in hand to transfer the vested shares from the
Grainger plc Employee Benefits Trust to the Executive Director.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial
1 responsibilities / person closely associated
--- ----------------------------------------------------------------------
a) Names Helen Gordon
--- ---------------------- ----------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------
a) Position/status Chief Executive Officer, Director
--- ---------------------- ----------------------------------------------
b) Initial notification Initial Notification
--- ---------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------
a) Name Grainger plc
--- ---------------------- ----------------------------------------------
b) LEI 2138007CEIRKZMNI2979
--- ---------------------- ----------------------------------------------
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 Ordinary Shares of 5p each in Grainger
of the financial plc
instrument,
type of instrument
--- ---------------------- ----------------------------------------------
b) Identification GB00B04V1276
code
--- ---------------------- ----------------------------------------------
c) Nature of Exercise of buyout award that vested
the transaction on 9 March 2018
--- ---------------------- ----------------------------------------------
d) Price and 1. Exercise
volumes Price - Nil; Volume: 26,524 Ordinary
Shares
--- ---------------------- ----------------------------------------------
d) Aggregated
information Volume: 26,524 Ordinary Shares
- Aggregated
volume Price - Nil
- Price
--- ---------------------- ----------------------------------------------
e) Date of the 9 March 2018
transaction
--- ---------------------- ----------------------------------------------
f) Place of the Outside a Trading Venue
transaction
--- ---------------------- ----------------------------------------------
Name of authorised official of issuer responsible for making
notification.
Adam McGhin
Group General Counsel and Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGGURAWUPRGCP
(END) Dow Jones Newswires
March 12, 2018 10:59 ET (14:59 GMT)
Grainger (LSE:GRI)
Historical Stock Chart
From Apr 2024 to May 2024
Grainger (LSE:GRI)
Historical Stock Chart
From May 2023 to May 2024
