REG - Grainger PLC - Director/PDMR Shareholding

GraingerAnnouncement

23/12/2024 13:00

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RNS Number : 1584R  Grainger PLC  23 December 2024

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

Grainger announces that pursuant to the Company's Deferred Bonus Share Plan
("DBSP") and Long Terms Incentive Plan ("LTIP"), Michael Keaveny, Director of
Land & Development and PDMR, has completed the following exercise of
awards and sale of the resulting ordinary shares of 5 pence each in the
Company ("Shares").

In order to fund the income tax and NIC liability arising from the award
exercises, sale of Shares (as set out below) took place on 19 December 2024 at
an average price of £2.21.

 Award      Number of vested Shares subject to exercised award (including dividend  Number of Shares sold to cover tax and NIC liability arising on exercise  Number of Shares retained
            equivalent Shares)
 2020 LTIP  29,433                                                                  14,197                                                                    15,236

 2021 LTIP  38,860                                                                  18,744                                                                    20,116

 2021 DBSP  12,264                                                                  5,916                                                                     6,348

 

The notifications below, made in accordance with the requirements 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)   Name                            Michael Keaveney

 2    Reason for the notification

 a)   Position/status                 Director of Land & 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                                       Exercise of 1) 2019 LTIP Award; and 2) 2021 LTIP Award; and 3) 2021 DBSP award

 d)   Price and volumes                                               Price(s)  Volume(s)

                                                                    1)  Nil       29,433
                                                                      2)  Nil       38,860
                                                                      3)  Nil       12,264
 d)   Aggregated information

Price  Aggregate Volume
      - Aggregated volume                                             Nil    80,557

      - Price
 e)   Date of the transaction                                         19 December 2024

 f)   Place of the transaction                                         Outside a trading venue

d)

 

Aggregated information

- Aggregated volume

- Price

 

 Price  Aggregate Volume
 Nil    80,557

e)

 

Date of the transaction

19 December 2024

f)

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 & 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                                       Sale of shares resulting from exercise of 2019 Recruitment Award and 2021 DBSP

                                                               award to fund payment of income tax and NIC liability arising on exercise.

 d)   Price and volumes                                               Price(s)  Volume(s)

                                                                    2.21      38,857

 d)   Aggregated information

Price  Aggregate Volume
      - Aggregated volume                                             2.21   38,857

      - Price
 e)   Date of the transaction                                         19 December 2024

 f)   Place of the transaction                                         London Stock Exchange

d)

 

Aggregated information

- Aggregated volume

- Price

 

 Price  Aggregate Volume
 2.21   38,857

e)

 

Date of the transaction

19 December 2024

f)

Place of the transaction

 London Stock Exchange

 

Name of authorised official of issuer responsible for making notification:

Sapna B FitzGerald, Group General Counsel and Company Secretary

 

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