REG - Grainger PLC - Director/PDMR Shareholding

GraingerAnnouncement

23/12/2024 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241223:nRSW1587Ra&default-theme=true

RNS Number : 1587R  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 one-off recruitment awards, Rob Hudson, Chief Financial Officer,
has completed the following exercise of awards and sale of the resulting
ordinary shares of 5 pence each in the Company ("Shares"). Following these
transactions, Rob transferred 52,649 Shares to his civil partner Robert
Driscoll, a person closely associated ("PCA") with him.

Following these transactions Rob's total shareholding is 171,773.  Rob's
total shareholding includes (a) Shares held by Link Market Services Trustees
and held pursuant to Grainger's Share Incentive Plan (SIP); and (b) Shares
held by his PCA.

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 £2.205.

 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)
 2019 Recruitment Award  98,902                                                                  47,494                                                                    51,408
 2021 DBSP               2,389                                                                   1,148                                                                     1,241

 

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                            Rob 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                                       Exercise of 1) 2019 Recruitment Award and 2) 2021 DBSP award

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

                                                                    1)  Nil       98,902
                                                                      2)  Nil       2,389
 d)   Aggregated information

Price  Aggregate Volume
      - Aggregated volume                                             Nil    101,291

      - 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    101,291

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                            Rob Hudson

 2    Reason for the notification

 a)   Position/status                 PDMR: 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                                       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)

                                                                    2.205     48,642

 d)   Aggregated information

Price  Aggregate Volume
      - Aggregated volume                                             2.205  48,642

      - 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
 2.205  48,642

e)

 

Date of the transaction

 19 December 2024

f)

Place of the transaction

 London Stock Exchange

 

  1   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                            PDMR - Rob Hudson

                                      PCA - Robert Driscoll
 2    Reason for the notification

 a)   Position/status                 PDMR - Chief Financial Officer/Director

                                      PCA - Person closely associated with 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                                             Transfer of 52,649 Ordinary Shares of £0.05 each to Robert Driscoll, PCA of

                                                                     Rob Hudson

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

                                                                          Nil       52,649

 d)   Aggregated information

Price  Aggregate Volume
      - Aggregated volume                                                   Nil    52,649

      - 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    52,649

e)

 

Date of the transaction

19 December 2024

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPPGBCPUPCGPW