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Howden Joinery Grp - Director/PDMR Shareholding

RNS Number : 2029I
Howden Joinery Group PLC
31 March 2020
 

 

HOWDEN JOINERY GROUP PLC

(the "Company")

 

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

 

The Company announces that the Performance Share Plan ("PSP") award granted to certain Persons Discharging Managerial Responsibilities ("PDMR") under the Company's Long-Term Incentive Plan ("LTIP") on 27 March 2017 (the "Award") vested on 27 March 2020.

 

The Award was granted subject to the achievement of certain performance targets based on the Company's growth in pre-exceptional profit before tax over the three-year period ending 28 December 2019. An additional holding period of two years will apply to shares vesting under the Award.

 

The following transactions took place in relation to the Award, which was granted over ordinary 10 pence shares of the Company ("Shares") to the PDMRs listed below:

 

Name of Director or PDMR

Number of Shares which vested under the Award

Number of Shares which were sold*

Number of Shares subject to additional two-year Holding Period

Mark Robson

34,938

16,454

18,484

Theresa Keating

11,696

5,509

6,187

Andrew Witts

14,759

6,951

7,808

Robert Fenwick

14,759

6,951

7,808

Clive Cockburn

11,139

5,247

5,892

 

* Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 502.702p.

 

The Notification of Dealing Forms for the above transactions may be found below. These notifications are provided in accordance with the requirements of the EU Market Abuse Regulation. 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Robson

2

Reason for the notification

a)

Position/status

Deputy Chief Executive and Chief Financial Officer

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

34,938

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

                             34,938

n/a


Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 5.027018

16,454

GBP 82,714.55

Aggregated information

Price

Aggregated Volume

Total

GBP 5.027018

16,454

GBP 82,714.55

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Theresa Keating

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

11,696

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

                             11,696

n/a


Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 5.027018

5,509

GBP 27,693.84

Aggregated information

Price

Aggregated Volume

Total

GBP 5.027018

5,509

GBP 27,693.84

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Witts

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

14,759

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

14,759

n/a


Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 5.027018

6,951

GBP 34,942.80

Aggregated information

Price

Aggregated Volume

Total

GBP 5.027018

6,951

GBP 34,942.80

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Fenwick

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

14,759

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

14,759

n/a


Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 5.027018

6,951

GBP 34,942.80

Aggregated information

Price

Aggregated Volume

Total

GBP 5.027018

6,951

GBP 34,942.80

 

 

NOTIFICATION OF DEALING FORM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Clive Cockburn

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Howden Joinery Group plc

b)

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction

Vesting of ordinary shares under a conditional share award.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

Outside a trading venue

Individual transactions

Price(s)

Volume(s)

Total

GBP nil

11,139

n/a

Aggregated information

Price(s)

Aggregated Volume

Total

GBP nil

11,139

n/a


Nature of transaction

Sale of ordinary shares.

Description/type of Financial Instrument

Identification code

Date of transaction

Place of transaction

Ordinary shares of 10 pence each

GB0005576813

2020-03-27

London Stock Exchange (XLON)

Individual transactions

Price(s)

Volume(s)

Total

GBP 5.027018

5,247

GBP 26,376.76

Aggregated information

Price

Aggregated Volume

Total

GBP 5.027018

5,247

GBP 26,376.76

 

 

Enquiries

Forbes McNaughton, Company Secretary:                              020 7535 1137

 


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