TIDMGRI

RNS Number : 5208W

Grainger PLC

12 December 2023

GRAINGER PLC

("GRAINGER" OR THE "COMPANY")

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

GRANT OF OPTIONS UNDER THE GRAINGER PLC DEFERRED BONUS SHARE PLAN

The Company announces that it has made the following grants of nil cost share options ("Options") over ordinary shares of 5p each in the capital of the Company ("Shares") pursuant to the Deferred Bonus Share Plan ("DBSP") on 11 December 2023. The Options have been granted in respect of the compulsory deferral of 25% of the 2023 annual bonus into Shares for a period of 3 years.

Grant of Options

On 11 December 2023, Grainger granted Options over a total of 154,566 Shares to its Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company (as specified in the table below).

 
 Name of Director/                Position                No. of shares under 
  PDMR                                                           Option 
                           Chief Executive Officer 
 Helen Gordon                     (Director)                    70,844 
                     ----------------------------------  -------------------- 
                           Chief Financial Officer 
 Rob Hudson                       (Director)                    48,257 
                     ----------------------------------  -------------------- 
                      Director of Land and Development 
 Michael Keaveney                   (PDMR)                      17,969 
                     ----------------------------------  -------------------- 
                           Director of Operations 
 Eliza Pattinson         and Asset Management (PDMR)            17,496 
                     ----------------------------------  --------------------

Vesting of the Options is not subject to any performance conditions and, subject to continued employment with Grainger, the Options will normally become exercisable after the three-year vesting period.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 
 1   Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                  Helen Gordon 
 2   Reason for the notification 
a)   Position/status                       Chief Executive Officer / Director 
b)   Initial notification /Amendment       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 the financial           Ordinary Shares of GBP0.05 each 
     instrument, type of instrument 
b)   Identification code                    ISIN: GB00B04V1276 
c)   Nature of the transaction               Grant of nil cost Option over Ordinary Shares pursuant to the Deferred 
                                             Bonus Share Plan 
d)   Price(s) and volume(s)                 Price(s)                                Volume(s) 
  1. GBPnil                                                                       1. 70,844 
e)   Aggregated information 
 
      - Aggregated volume                    N/A 
 
      - Price 
f)   Date of the transaction               11 December 2023 
g)   Place of the transaction              Outside a trading venue 
 
 
 1   Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                  Rob Hudson 
 2   Reason for the notification 
a)   Position/status                       Chief Financial Officer / Director 
b)   Initial notification /Amendment       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 the financial           Ordinary Shares of GBP0.05 each 
     instrument, type of instrument 
b)   Identification code                    ISIN: GB00B04V1276 
c)   Nature of the transaction               Grant of nil cost Option over Ordinary Shares pursuant to the Deferred 
                                             Bonus Share Plan 
d)   Price(s) and volume(s)                 Price(s)                                Volume(s) 
  1. GBPnil                                                                       1. 48,257 
e)   Aggregated information 
 
      - Aggregated volume                    N/A 
 
      - Price 
f)   Date of the transaction               11 December 2023 
g)   Place of the transaction              Outside a trading venue 
 
 
 1   Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                  Michael Keaveney 
 2   Reason for the notification 
a)   Position/status                       Director of Land and Development / PDMR 
b)   Initial notification /Amendment       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 the financial           Ordinary Shares of GBP0.05 each 
     instrument, type of instrument 
b)   Identification code                    ISIN: GB00B04V1276 
c)   Nature of the transaction               Grant of nil cost Option over Ordinary Shares pursuant to the Deferred 
                                             Bonus Share Plan 
d)   Price(s) and volume(s)                 Price(s)                                Volume(s) 
  1. GBPnil                                                                       1. 17,969 
e)   Aggregated information 
 
      - Aggregated volume                    N/A 
 
      - Price 
f)   Date of the transaction               11 December 2023 
g)   Place of the transaction              Outside a trading venue 
 
 
 1   Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                  Eliza Pattinson 
 2   Reason for the notification 
a)   Position/status                       Director of Operations and Asset Management / PDMR 
b)   Initial notification /Amendment       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 the financial           Ordinary Shares of GBP0.05 each 
     instrument, type of instrument 
b)   Identification code                    ISIN: GB00B04V1276 
c)   Nature of the transaction               Grant of nil cost Option over Ordinary Shares pursuant to the Deferred 
                                             Bonus Share Plan 
d)   Price(s) and volume(s)                 Price(s)                                Volume(s) 
  1. GBPnil                                                                       1. 17,496 
e)   Aggregated information 
 
      - Aggregated volume                    N/A 
 
      - Price 
f)   Date of the transaction               11 December 2023 
g)   Place of the transaction              Outside a trading venue

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END

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December 12, 2023 07:46 ET (12:46 GMT)

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