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Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
13-March-2019 / 16:31 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Company announces that, on 12 March 2019, the following awards in
respect of ordinary shares of 10p each in the Company ("shares") were made
by way of nil cost option under the Travis Perkins Plc 2017 Deferred Share
Bonus Plan in respect of the annual deferred bonus for the 2018 Financial
Year to PDMRs as set out below. The number of shares subject to the options
awarded has been calculated using a share price of GBP10.80 (the average
market price over the dealing days falling within the last 30 days of the
Company's 2018 financial year).
Name Status Number
of Options
John Carter Director 20,128
Alan Williams Director 12,152
Frank Elkins PDMR 17,799
Carol Kavanagh PDMR 6,930
Martin Meech PDMR 7,377
Andrew Harrison PDMR 18,410
Patrick Knight PDMR 5,529
Robin Miller PDMR 1,158
The options over these shares will normally be exercisable from 12 March
2022. 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.
In addition, the Company confirms that on 12 March 2019, the following
awards in respect of ordinary shares of 10p each in the Company ("shares")
were made by way of nil cost option under the Travis Perkins Plc 2017
Performance Share Plan ("PSP") to PDMRs as set out below. The number of
shares subject to the options awarded has been calculated using a share
price of GBP14.19 (the average market price over the 5 dealing days prior to
the award).
Name Status Number
of Options
Alan Williams Director 53,911 *
Frank Elkins PDMR 36,645
Carol Kavanagh PDMR 28,380
Martin Meech PDMR 30,211
Patrick Knight PDMR 30,190
Robin Miller PDMR 18,976
* This award is subject to an additional two year holding period following
vesting.
The options over these shares will normally be exercisable from 12 March
2022, 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.
Also, on the 12 March 2019, the following awards were made under the HMRC
tax-advantaged CSOP element of the PSP with an exercise price of GBP14.19 (the
average market value over the 5 dealing days prior to the award). These
awards are subject to the same performance conditions as the PSP award. The
options over these shares will normally be exercisable from 12 March 2022,
subject to the satisfaction of performance conditions. If the options vest
they are exercisable until the tenth anniversary of grant
Name Status Number
of Options
Frank Elkins PDMR 2,114
Carol Kavanagh PDMR 1,486
Martin Meech PDMR 1,857
Patrick Knight PDMR 2,114
The Notification of Dealing Form for each 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
1) John Carter
2) Alan Williams
3) Frank Elkins
4) Carol Kavanagh
5) Martin Meech
6) Andrew Harrison
7) Patrick Knight
8) Robin Miller
2 Reason for the notification
a) Position/Status
1) Chief Executive Officer
2) Chief Financial Officer
3) Chief Operating Officer - Trade
Merchant Businesses
4) Group Human Resources Director
5) Group Property Director
6) Chief Executive Officer - Plumbing
& Heating Division
7) Chief Information Officer
8) Company Secretary and General
Counsel
b) Initial Initial Notification in each case
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 In each case, options
over ordinary shares of
10 pence each granted
under the Company's
Deferred Share Bonus Plan
at an option price of
GBP10.80.
c) Price(s) and volume (s)
Price(s) Volume(s)
Option price:
GBP 10.80
1) 20,128
2) 12,152
3) 17,799
4) 6,930
5) 7,377
6) 18,410
7) 5.529
8) 1,158
d) Aggregated information
-Aggregated volume
-Price
Aggregate Aggregate Aggregate
Price Volume Total
n/a n/a n/a
e) Date of the transaction 12 March 2019
f) Place of the transaction n/a
Notification of Dealing Form
1 Details of the person discharging managerial
responsibilities/ person closely associated
a) Name
1) Alan Williams
2) Frank Elkins
3) Carol Kavanagh
4) Martin Meech
5) Patrick Knight
6) Robin Miller
2 Reason for the notification
a) Position/Status
1) Chief Financial Officer
2) Chief Operating Officer - Trade
Merchant Businesses
3) Group Human Resources Director
4) Group Property Director
5) Chief Information Officer
6) Company Secretary and General
Counsel
b) Initial Initial Notification in each case
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 In each case, options
over ordinary shares of
10 pence each granted
under the Company's
Performance Share Plan at
an option price of GBP14.19
c) Price(s) and volume (s)
Price(s) Volume(s)
Option price:
GBP 14.19
1) 53,911
2) 38,759
3) 29,866
4) 32,068
5) 32,304
6) 18,976
d) Aggregated information
-Aggregated volume
-Price
Aggregate Aggregate Aggregate
Price Volume Total
n/a n/a n/a
e) Date of the transaction 12 March 2019
f) Place of the transaction n/a
ISIN: GB0007739609
Category Code: DSH
TIDM: TPK
LEI Code: 2138001I27OUBAF22K83
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 7807
EQS News ID: 787287
End of Announcement EQS News Service
(END) Dow Jones Newswires
March 13, 2019 12:32 ET (16:32 GMT)
