TIDMPSN

RNS Number : 6951J

Persimmon PLC

03 April 2018

3 April 2018

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 29 March 2018, Dave Jenkinson, Group Managing Director exercised an award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP"). Dave Jenkinson received 255,437 shares, net of the option exercise price and net of his income tax and National Insurance liability.

Also on 29 March 2018 Dave Jenkinson sold 127,722 shares, he is required to hold the remaining 127,715 shares under the rules of the 2012 LTIP for at least twelve months. Following these transactions Dave Jenkinson's total interests in the Company has increased to 173,453 shares.

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:

 
 1      Details of the person discharging managerial 
         responsibilities / person closely associated 
-----  --------------------------------------------------------------------------- 
 a)     Name                        Dave Jenkinson 
-----  --------------------------  ----------------------------------------------- 
 2      Reason for the notification 
-----  --------------------------------------------------------------------------- 
 a)     Position/status             Group Managing Director 
-----  --------------------------  ----------------------------------------------- 
 b)     Initial notification        Initial notification 
         /Amendment 
-----  --------------------------  ----------------------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  --------------------------------------------------------------------------- 
 a)     Name                        Persimmon Plc 
-----  --------------------------  ----------------------------------------------- 
 b)     LEI                         213800XI72Y57UWN6F31 
-----  --------------------------  ----------------------------------------------- 
 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 
-----  --------------------------------------------------------------------------- 
        Transaction 1 
----- 
 a)     Description of              Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification              GB0006825383 
         code 
 
 b)     Nature of the               Acquisition of shares pursuant 
         transaction                 to the exercise of an option 
                                     under the Persimmon Plc 2012 
                                     Long Term Incentive Plan 
-----  --------------------------  ----------------------------------------------- 
 c)     Price(s) and 
         volume(s) 
-----                               -------------  ------------------------------- 
                                     Price(s)       Volume(s) 
----                                -------------  ------------------------------- 
                                Nil                 481,957 
                               -------------       ------------------------------- 
 
 d)     Aggregated information      N/a single transaction 
----- 
 
        - Aggregated 
         volume 
 
        - Price 
 
 e)     Date of the transaction     29/03/2018 
-----  --------------------------  ----------------------------------------------- 
 f)     Place of the                Outside of a main market 
         transaction 
-----  --------------------------  ----------------------------------------------- 
 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 
----  ------------------------------------------------------------------------------ 
       Transaction 
       2 
----  --------------------------  -------------------------------------------------- 
 a)     Description of               Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
----- 
 
        Identification               GB0006825383 
         code 
 
 b)     Nature of the                Transfer of shares to the 
         transaction                  Company's employee benefit 
                                      trust acquired pursuant 
                                      to the exercise of an option 
                                      under the 2012 LTIP in satisfaction 
                                      of the tax liability arising 
                                      on the exercise. 
-----  ---------------------------  ---------------------------------------------- 
 c)     Price(s) and 
         volume(s) 
-----                                ------------  ------------------------------- 
                                      Price(s)      Volume(s) 
----                                 ------------  ------------------------------- 
                                 GBP25.30                      226,520 
                                -----------------  ------------------------------- 
 
 d)     Aggregated information       N/A Single transaction 
----- 
 
        - Aggregated 
         volume 
 
        - Price 
 
 e)     Date of the transaction      29/03/2018 
-----  ---------------------------  ---------------------------------------------- 
 f)     Place of the                 Outside of a main market 
         transaction 
-----  ---------------------------  ---------------------------------------------- 
        Transaction 3 
-----  ---------------------------  ---------------------------------------------- 
 a)     Description of               Ordinary shares of 10p each 
         the financial 
         instrument, type 
         of instrument 
-----  ---------------------------  ---------------------------------------------- 
 
        Identification               GB0006825383 
         code 
       ---------------------------  ---------------------------------------------- 
 
 b)     Nature of the                Sale of shares following 
         transaction                  the exercise of an option 
                                      under the 2012 LTIP 
-----  ---------------------------  ---------------------------------------------- 
 c)     Price(s) and 
         volume(s) 
-----                                ------------  ------------------------------- 
                                      Price(s)      Volume(s) 
----                                 ------------  ------------------------------- 
                                 GBP25.3403              127,722 
                                -----------------  ------------------------------- 
 
 d)     Aggregated information       N/A Single transaction 
----- 
 
   - Aggregated 
    volume 
 
   - Price 
 
 e)     Date of the transaction      29/03/2018 
-----  ---------------------------  ---------------------------------------------- 
 f)     Place of the                 London Stock Exchange (XLON); 
         transaction                  Main Market 
-----  ---------------------------  ---------------------------------------------- 
 
 

Tracy Davison

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEASLDEAPPEFF

(END) Dow Jones Newswires

April 03, 2018 11:30 ET (15:30 GMT)

Persimmon (LSE:PSN)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Persimmon Charts.
Persimmon (LSE:PSN)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Persimmon Charts.