RNS Number : 4073Q
Grainger PLC
09 July 2025
Grainger plc
("Grainger" or the "Company")
Grant of Options under the Employee Save As You Earn Scheme and PDMR Dealings
Following new invitations to participate in the Company's established SAYE Scheme, which is approved by H.M. Revenue and Customs (the "SAYE Scheme"), the Company provides the following update.
Pursuant to the SAYE Scheme, certain employees have elected to participate, resulting in options over a total of 335,556 ordinary shares of 5 pence each in the Company ("SAYE Options") being granted on 8 July 2025 at a price of 173 pence per share, being calculated in accordance with the rules of the SAYE Scheme.
The following persons discharging management responsibility ("PDMRs") have elected to participate in the SAYE Scheme and their SAYE Options are included in the total figures above.
Name
Position
Number of SAYE Options
Robert Hudson
Chief Financial Officer/Director
10,606
Michael Keaveney
Director of Land and Development / PDMR
10,606
Eliza Pattinson
Director of Operations and Asset Management / PDMR
2,121
Subject to the rules of the SAYE Scheme, the SAYE Options are exercisable between September 2028 and February 2029. The exercise of the SAYE Options is not dependent upon the satisfaction of performance criteria and participants who choose to exercise their entitlements pursuant to the rules of the SAYE Scheme will meet the obligation to pay for the exercise of the SAYE Options out of funds they have paid into the SAYE Scheme prior to such exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.
The notifications below, made in accordance with Article 19 of the UK Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Names
Robert Hudson
2
Reason for the notification
a)
Position/status
Chief Financial Officer/Director
b)
Initial notification
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Grainger plc
b)
LEI
2138007CEIRKZMNI2979
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
Ordinary Shares of 5p each in Grainger plc
b)
Identification code
GB00B04V1276
c)
Nature of the transaction
Grant of options under the Grainger plc Save As You Earn Scheme
d)
Price and volumes
Price(s)
Volume(s)
Nil
10,606
d)
Aggregated information - Aggregated volume - Price
Price
Aggregate Volume
N/A
N/A
e)
Date of the transaction
8 July 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Names
Michael Keaveney
2
Reason for the notification
a)
Position/status
Director of Land and Development /PDMR
b)
Initial notification
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Grainger plc
b)
LEI
2138007CEIRKZMNI2979
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
Ordinary Shares of 5p each in Grainger plc
b)
Identification code
GB00B04V1276
c)
Nature of the transaction
Grant of options under the Grainger plc Save As You Earn Scheme
d)
Price and volumes
Price(s)
Volume(s)
Nil
10,606
d)
Aggregated information - Aggregated volume - Price
Price
Aggregate Volume
N/A
N/A
e)
Date of the transaction
8 July 2025
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Names
Eliza Pattinson
2
Reason for the notification
a)
Position/status
Director of Operations and Asset Management/PDMR
b)
Initial notification
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Grainger plc
b)
LEI
2138007CEIRKZMNI2979
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
Ordinary Shares of 5p each in Grainger plc
b)
Identification code
GB00B04V1276
c)
Nature of the transaction
Grant of options under the Grainger plc Save As You Earn Scheme
d)
Price and volumes
Price(s)
Volume(s)
Nil
2,121
d)
Aggregated information - Aggregated volume - Price
Price
Aggregate Volume
N/A
N/A
e)
Date of the transaction
8 July 2025
f)
Place of the transaction
Outside a trading venue
Name of authorised official of issuer responsible for making notification: Sapna B FitzGerald, Group General Counsel and Company Secretary
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