REG - Grainger PLC - Director/PDMR Shareholding
12/12/2023 13:00
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RNS Number : 5208W Grainger PLC 12 December 2023
GRAINGER PLC
("GRAINGER" OR THE "COMPANY")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
GRANT OF OPTIONS UNDER THE GRAINGER PLC DEFERRED BONUS SHARE PLAN
The Company announces that it has made the following grants of nil cost share
options ("Options") over ordinary shares of 5p each in the capital of the
Company ("Shares") pursuant to the Deferred Bonus Share Plan ("DBSP") on 11
December 2023. The Options have been granted in respect of the compulsory
deferral of 25% of the 2023 annual bonus into Shares for a period of 3 years.
Grant of Options
On 11 December 2023, Grainger granted Options over a total of 154,566 Shares
to its Executive Directors and Persons Discharging Managerial Responsibilities
("PDMRs") of the Company (as specified in the table below).
Name of Director/ PDMR Position No. of shares under Option
Helen Gordon Chief Executive Officer (Director) 70,844
Rob Hudson Chief Financial Officer (Director) 48,257
Michael Keaveney Director of Land and Development (PDMR) 17,969
Eliza Pattinson Director of Operations and Asset Management (PDMR) 17,496
Vesting of the Options is not subject to any performance conditions and,
subject to continued employment with Grainger, the Options will normally
become exercisable after the three-year vesting period.
The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Helen Gordon
2 Reason for the notification
a) Position/status Chief Executive Officer / Director
b) Initial notification /Amendment 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 £0.05 each
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus
Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. £nil 1. 70,844
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Rob Hudson
2 Reason for the notification
a) Position/status Chief Financial Officer / Director
b) Initial notification /Amendment 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 £0.05 each
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus
Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. £nil 1. 48,257
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Michael Keaveney
2 Reason for the notification
a) Position/status Director of Land and Development / PDMR
b) Initial notification /Amendment 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 £0.05 each
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus
Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. £nil 1. 17,969
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Eliza Pattinson
2 Reason for the notification
a) Position/status Director of Operations and Asset Management / PDMR
b) Initial notification /Amendment 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 £0.05 each
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred Bonus
Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. £nil 1. 17,496
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
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