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Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
26-Sep-2018 / 16:31 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Travis Perkins PLC
(the 'Company')
Notifications of transactions by Persons Discharging Managerial
Responsibilities ('PDMRs')
The Company announces that, on 24 September 2018, an award in respect of
ordinary shares of 10p each in the Company ("Shares") was made to Robin
Miller (PDMR) by way of a nil cost option over 23,719 Shares under the
Travis Perkins Plc 2017 Performance Share Plan ("PSP"). The number of shares
subject to the options awarded has been calculated using a share price of
GBP11.13 (the average market price over the 5 dealing days prior to the
award).
On the same date, Robin Miller was also awarded 2,695 market value options
under the HMRC tax-advantaged CSOP element of the PSP and an exercise price
of GBP11.13 (the average market price over the 5 dealing days prior to the
award).
The options over these awards will normally be exercisable from 24 September
2021, subject to the satisfaction of performance conditions. If the options
vest they are exercisable until the tenth anniversary of grant.
In the event that dividends are paid in the period between grant and
vesting, the number of shares awarded will be increased to reflect the
dividends that would have accrued had they been reinvested in shares.
The Notification of Dealing Form for the PDMR can be found below. This
announcement is made in accordance with the requirements of the EU Market
Abuse Regulation.
For further information please contact:
Helen O'Keefe
Deputy Company Secretary
+44 (0)1604 685910
Notification of Dealing Form
1 Details of the person discharging managerial
responsibilities/ person closely associated
a) Name Robin Miller
2 Reason for the notification
a) Position/Status General Counsel
b) Initial Initial Notification
notification/Am
endment
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer
or auction monitor
a) Name Travis Perkins plc
b) LEI 2138001I27OUBAF22K83
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 transaction have been
conducted
a) Description of the financial Ordinary Shares of 10
pence each
instrument,
type of instrument
Identification code
ISIN: GB0007739609
b) Nature of the transaction An award in respect of
ordinary shares of 10p
each in the Company
("Shares") by way of a
nil cost option over
23,719 Shares under the
Travis Perkins Plc 2017
Performance Share Plan
("PSP"). The number of
shares subject to the
options awarded has been
calculated using a share
price of GBP11.13 (the
average market price over
the 5 dealing days prior
to the award). Also
awarded 2,695 market
value options under the
HMRC tax-advantaged CSOP
element of the PSP at an
exercise price of GBP11.13.
c) Price(s) and volume (s)
Price(s) Volume(s)
1) Option 1) 23,719
price: GBP0.00
2) 2,695
2) Exercise
Price GBP11.13
d) Aggregated information
-Aggregated volume
-Price
Aggregate Aggregate Aggregate
Price Volume Total
n/a n/a n/a
e) Date of the transaction 24 September 2018
f) Place of the transaction n/a
ISIN: GB0007739609
Category Code: DSH
TIDM: TPK
LEI Code: 2138001I27OUBAF22K83
Sequence No.: 6079
EQS News ID: 727645
End of Announcement EQS News Service
(END) Dow Jones Newswires
September 26, 2018 10:37 ET (14:37 GMT)
© 2018 Dow Jones News
