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Ferguson PLC - Director/PDMR Shareholding

RNS Number : 1121O
Ferguson PLC
27 May 2020
 

FERGUSON PLC

 

Notification of Transactions by Person Discharging Managerial Responsibilities

 

On 24 May 2020, the share award under the Ferguson Group Ordinary Share Plan 2011 ("OSP award") which was granted to Mike Sajor upon joining Ferguson plc in May 2018 vested in accordance with its expected vesting timeline. The OSP award was granted as a buyout of awards from his previous employer that Mr Sajor forfeited on agreeing to join Ferguson plc and so had no performance conditions.

 

Mr Sajor sold all shares under the OSP award on 26 May 2020, the first business day following vesting.

 

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Sajor

2

Reason for the notification

a)

Position/status

Group Chief Information Officer

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The vesting of conditional shares granted in May 2018 under the Ferguson Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00

6,724

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£0.00

e)

Date of the transaction

2020-05-26; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Sajor

2

Reason for the notification

a)

Position/status

Group Chief Information Officer

b)

Initial/Amendment notification

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ferguson plc

b)

LEI

213800DU1LGY3R2S2X42

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 10p each

 

 

 

ISIN: JE00BJVNSS43

b)

Nature of the transaction

The disposal of shares stemming from the vesting of conditional shares granted in May 2018 under the Ferguson Group Ordinary Share Plan 2011

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£63.9773

6,724

 

GBP - British Pound

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

Not applicable

 

£430,183.37

e)

Date of the transaction

2020-05-26; UTC time

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

Enquiries:

Graham Middlemiss, Group Company Secretary

(0118 927 3800)

27 May 2020 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Ferguson PLC

Price: 8072

Market: LSE
Market Cap: £18.16 billion
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