REG - Galliford Try PLC - Director/PDMR Shareholding

Galliford Try HoldingsAnnouncement

24/09/2019 15:00

RNS Number : 5058N
Galliford Try PLC
24 September 2019
 


Galliford Try plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation.
Galliford Try plc (the "Company") notifies that the following restricted ordinary shares of 50 pence in the Company, previously granted under the Galliford Try plc Annual Bonus Plan 2007, were released on 24 September 2019 to the persons discharging managerial responsibilities ("PDMR") detailed below:




PDMR


No. of ordinary shares under the award


Date of grant of the award




Kevin Corbett


3,525


23 September 2016




Bill Hocking


1,201


23 September 2016




Graham Prothero


4,943


23 September 2016




On 24 September 2019, the following PDMRs' ordinary shares were sold at £6.70 per share to meet tax withholding liabilities associated with the vesting of the aforementioned awards:




PDMR


No. of ordinary shares sold




Kevin Corbett


1,275




Bill Hocking


514




Graham Prothero


2,112




The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Kevin Corbett




2


Reason for Notification




a)


Position/status


General Counsel & Company Secretary / PDMR




b)


Initial notification/Amendment


Initial notification




3


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




a)


Name


Galliford Try plc




b)


LEI


213800OOHUV3HHP46A02




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 50 pence each in Galliford Try plc
GB00B3Y2J508




b)


Nature of the transaction


Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


3,525




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


24 September 2019




f)


Place of the transaction


Outside a trading venue




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Bill Hocking




2


Reason for Notification




a)


Position/status


Chief Executive, Construction & Investments / PDMR




b)


Initial notification/Amendment


Initial notification




3


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




a)


Name


Galliford Try plc




b)


LEI


213800OOHUV3HHP46A02




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 50 pence each in Galliford Try plc
GB00B3Y2J508




b)


Nature of the transaction


Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


1,201




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


24 September 2019




f)


Place of the transaction


Outside a trading venue




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Graham Prothero




2


Reason for Notification




a)


Position/status


Chief Executive / PDMR




b)


Initial notification/Amendment


Initial notification




3


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




a)


Name


Galliford Try plc




b)


LEI


213800OOHUV3HHP46A02




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 50 pence each in Galliford Try plc
GB00B3Y2J508




b)


Nature of the transaction


Release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007 in accordance with the Plan rules.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




Nil


4,943




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


24 September 2019




f)


Place of the transaction


Outside a trading venue




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Kevin Corbett




2


Reason for Notification




a)


Position/status


General Counsel & Company Secretary / PDMR




b)


Initial notification/Amendment


Initial notification




3


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




a)


Name


Galliford Try plc




b)


LEI


213800OOHUV3HHP46A02




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 50 pence each in Galliford Try plc
GB00B3Y2J508




b)


Nature of the transaction


Shares sold to meet tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




£6.70


1,275




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


24 September 2019




f)


Place of the transaction


London Stock Exchange (XLON)




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Bill Hocking




2


Reason for Notification




a)


Position/status


Chief Executive, Construction & Investments / PDMR




b)


Initial notification/Amendment


Initial notification




3


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




a)


Name


Galliford Try plc




b)


LEI


213800OOHUV3HHP46A02




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 50 pence each in Galliford Try plc
GB00B3Y2J508




b)


Nature of the transaction


Shares sold to meet tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




£6.70


514




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


24 September 2019




f)


Place of the transaction


London Stock Exchange (XLON)




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Graham Prothero




2


Reason for Notification




a)


Position/status


Chief Executive / PDMR




b)


Initial notification/Amendment


Initial notification




3


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




a)


Name


Galliford Try plc




b)


LEI


213800OOHUV3HHP46A02




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 50 pence each in Galliford Try plc
GB00B3Y2J508




b)


Nature of the transaction


Shares sold to meet tax withholding liabilities arising from the release of restricted shares granted under the Galliford Try plc Annual Bonus Plan 2007.




c)


Price(s) and volume(s)






Price(s)


Volume(s)




£6.70


2,112




 




d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


24 September 2019




f)


Place of the transaction


London Stock Exchange (XLON)




 
For further enquiries:




Galliford Try plc


Kevin Corbett, Company Secretary


01895 855001




 


 


 




 


Clara Melia, Investor Relations


07748 171 236




 


 


 




Tulchan Communications


James Macey White


0207 353 4200




 


Martin Pengelley


 




 


Matt Low


 




 
Notes to Editors
Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250.  Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners.  Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2019, the Group generated revenue of £2.8 billion.
 
 




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