REG - Galliford Try PLC - Director/PDMR Shareholding

Galliford Try HoldingsAnnouncement

27/09/2018 16:00

RNS Number : 2235C
Galliford Try PLC
27 September 2018
 


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 conditional awards, previously granted under the Galliford Try plc 2006 Long Term Incentive Plan, over ordinary shares of 50 pence in the Company were released on 27 September 2018 to the persons discharging managerial responsibilities ("PDMR") detailed below:



PDMR


No. of ordinary shares under the award


Date of grant of the award




P Truscott


10,739


21 October 2015




G Prothero


8,786


25 September 2015




K Corbett


5,284


25 September 2015




A Hammond


5,857


25 September 2015




B Hocking


6,638


25 September 2015




T Nicholson


5,857


25 September 2015




S Teagle


5,564


25 September 2015



On 27 September 2018, the following PDMRs' ordinary shares were sold at £10.46 per share to meet tax withholding liabilities associated with the vesting of the aforementioned awards:



PDMR


No. of  ordinary shares sold




P Truscott


5,048




G Prothero


4,130




K Corbett


2,484




A Hammond


2,753




B Hocking


3,120




T Nicholson


2,753




S Teagle


2,616



Details of the full notifications received by the Company are set out below.



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Peter Truscott




2


Reason for Notification




a)


Position/status


Chief Executive / PDMR   




b)


Initial notification/Amendment


Initial Announcement




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


Vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


10,739








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




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


Finance Director / PDMR




b)


Initial notification/Amendment


Initial Announcement




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


Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


8,786








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




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 and Company Secretary / PDMR




b)


Initial notification/Amendment


Initial Announcement




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


Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


5,284








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


Outside a trading venue




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Andrew Hammond




2


Reason for Notification




a)


Position/status


Linden Homes Divisional Chairman, West / PDMR




b)


Initial notification/Amendment


Initial Announcement




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


Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


5,857








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




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 Announcement




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


Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


6,638








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


Outside a trading venue



 
 
 
 
 
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Tom Nicholson




2


Reason for Notification




a)


Position/status


Linden Homes Divisional Chairman, East / PDMR




b)


Initial notification/Amendment


Initial Announcement




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


Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


5,857








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


Outside a trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Stephen Teagle




2


Reason for Notification




a)


Position/status


Chief Executive, Partnerships and Regeneration / PDMR




b)


Initial notification/Amendment


Initial Announcement




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


Vesting awards granted under the Galliford Try plc 2006 Long Term Incentive Plan in accordance with the Plan rules.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


5,564








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


Outside a trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Peter Truscott




2


Reason for Notification




a)


Position/status


Chief Executive / PDMR   




b)


Initial notification/Amendment


Initial Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


5,048








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




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


Finance Director / PDMR




b)


Initial notification/Amendment


Initial Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


4,130








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


London Stock Exchange (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Kevin Corbett




2


Reason for Notification




a)


Position/status


General Counsel and Company Secretary / PDMR




b)


Initial notification/Amendment


Initial Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


2,484








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


London Stock Exchange (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Andrew Hammond




2


Reason for Notification




a)


Position/status


Linden Homes Divisional Chairman, West / PDMR




b)


Initial notification/Amendment


Initial Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


2,753








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




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 Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


3,120








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


London Stock Exchange (XLON)



 
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Tom Nicholson




2


Reason for Notification




a)


Position/status


Linden Homes Divisional Chairman, East / PDMR




b)


Initial notification/Amendment


Initial Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


2,753








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




f)


Place of the transaction


London Stock Exchange (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Stephen Teagle




2


Reason for Notification




a)


Position/status


Chief Executive, Partnerships and Regeneration / PDMR




b)


Initial notification/Amendment


Initial Announcement




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 the tax withholding liabilities arising from the vesting of awards granted under the Galliford Try plc 2006 Long Term Incentive Plan.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£10.46


2,616








d)


Aggregated information
-       Aggregated volume
-       Price


Not applicable - single transaction




e)


Date of the transaction


27 September 2018




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 2018, the Group generated revenue of £2.9 billion.
 




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END
 
 
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