Travis Perkins plc (the “Company”) announces that on 18 August 2022 it was notified of the following exercise of nil-cost options and subsequent sale of ordinary shares in the Company of 11.205105p (“Shares”) to meet the income tax and national insurance liabilities arising from the exercise of options by Nick Roberts, Chief Executive Officer and a PDMR.
|
Name
|
Status
|
No. of Options exercised
|
Exercise & Sale Date
|
No. of Shares Sold
|
Price
|
No. of Shares Retained
|
|
Nick Roberts
|
PDMR
|
2019 PSP Recruitment Award
|
41,596
|
17/08/2022
|
20,141
|
£9.1504
|
21,455
|
|
2019 CIP
|
47,877
|
23,183
|
£9.1504
|
24,694
|
Following the above-mentioned exercises and sales Nick Roberts holds 81,505 ordinary Shares legally or beneficially. He is entitled to a further 78,456 Shares in the Company pursuant to unexercised options under the 2019 PSP which vested on 14 August 2022 but are subject to a further 2 year post-vesting holding period before being released. Consequently his interest in Shares and vested but unexercised options currently amounts to 159,961, exceeding the Company’s shareholding requirement for Executive Directors*.
*Under the Company’s Directors’ Remuneration Policy vested but unreleased options which are subject to a holding period are to be included when calculating compliance with Executive Directors’ shareholding requirement. Share price used to calculate compliance with the shareholding requirement was £9.20.
This Notification is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation, the Notification of Dealing Forms for the PDMR can be found below.
For further information please contact:
Sophie Leivers
Company Secretarial Assistant
+44 (0)7500 559100
Notification of Dealing Form
|
1
|
Details of the person discharging managerial responsibilities/person closely associated
|
|
a)
|
Name
|
Nick Roberts
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
Chief Executive Officer / PDMR
|
|
b)
|
Initial notification/Amendment
|
Initial Notification
|
|
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
instrument, type of instrument
Identification code
|
Ordinary Shares of 11.205105 pence each
ISIN: GB00BK9RKT01
|
|
b)
|
Nature of the transaction
|
Exercise of nil-cost options over Ordinary Shares granted under the Company's (1) Performance Share Plan and (2) Co-Investment Plan.
|
|
c)
|
Price(s) and volume (s)
|
|
|
|
Price(s)
|
Volume(s)
|
|
(1) Nil
(2) Nil
|
(1) 41,596
(2) 47,877
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
|
|
|
|
Aggregate
Price
|
Aggregate
Volume
|
Aggregate
Total
|
|
Nil
|
89,473
|
n/a
|
|
e)
|
Date of the transaction
|
17 August 2022
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
| |
|
|
|
|
|
|
1
|
Details of the person discharging managerial responsibilities/person closely associated
|
|
a)
|
Name
|
Nick Roberts
|
|
2
|
Reason for the notification
|
|
a)
|
Position/Status
|
Chief Executive Officer / PDMR
|
|
b)
|
Initial notification/Amendment
|
Initial Notification
|
|
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 instrument, type of instrument
Identification code
|
Ordinary Shares of 11.205105 pence each
ISIN: GB00BK9RKT01
|
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares to meet income tax and national insurance liabilities falling due on exercise of options under: (1) the Company's 2019 Performance Share Plan and (2) the Company’s 2019 Co-Investment Plan.
|
|
c)
|
Price(s) and volume (s)
|
|
|
|
Price(s)
|
Volume(s)
|
|
1. £9.1504
2. £9.1504
|
1. 20,141
2. 23,183
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
|
|
|
|
Aggregate
Price
|
Aggregate
Volume
|
Aggregate
Total
|
|
£9.1504
|
43,324
|
£396,431.93
|
|
e)
|
Date of the transaction
|
17 August 2022
|
|
f)
|
Place of the transaction
|
XLON
|
