TIDMGRI

RNS Number : 0783N

Grainger PLC

27 January 2021

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Grainger plc announces that pursuant to the Enhanced Deferred Bonus Plan ("EDBP"), in respect of the shares that vested on 12 January 2021, Andrew Saunderson exercised his share options on 21 January 2021. In order to fund the resulting tax and national insurance liability arising from the exercise, disposal of ordinary shares (as set out below) took place on 22 January 2021 at a price of GBP2.740. Grainger was notified of the completion of these disposals on 26 January 2021.

 
        PDMR          Award Plan     Original       Number of        Number of     Net vested 
                                       number        ordinary       shares sold      shares 
                                     of options    shares vested      to cover 
                                      awarded                       the tax and 
                                                                      national 
                                                                     insurance 
                                                                     liability 
                                                                    arising from 
                                                                      vesting 
                       Grainger 
 Andrew Saunderson        EDBP        16,112          13,680           6,335         7,345 
                     ------------  ------------  ---------------  --------------  -----------

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
a)    Names                   Andrew Saunderson 
2    Reason for the notification 
a)    Position/status         Director of Investments/PDMR 
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 of                Ordinary Shares of 5p each in Grainger plc 
       the financial 
       instrument, type 
       of instrument 
b)    Identification                GB00B04V1276 
       code 
c)    Nature of the                 Sale of shares vested under the Grainger Enhanced 
       transaction                   Deferred Bonus Plan in order to cover the tax 
                                     liability arising on exercise. 
d)    Price and volumes             Price: GBP2,740 
                                     Volumes: 6,335 Ordinary Shares 
d)    Aggregated information 
       - Aggregated volume            N/A 
       - Price 
e)    Date of the transaction      22 January 2021 
f)    Place of the transaction       London Stock Exchange

Name of authorised official of issuer responsible for making notification.

Adam McGhin

Group General Counsel and Company Secretary

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END

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January 27, 2021 06:22 ET (11:22 GMT)

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