REG - Howden Joinery Grp - Director/PDMR Shareholding <Origin Href="QuoteRef">HWDN.L</Origin>

Howden JoineryAnnouncement

01/03/2018 14:30

RNS Number : 4340G
Howden Joinery Group PLC
01 March 2018
1 March 2018
HOWDEN JOINERY GROUP PLC
(the "Company")
NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
Grants under Howden Joinery Group plc Recruitment Plan
The Company announces that today it granted the following awards over ordinary shares of the Company to Andrew Livingston, the Chief Executive Officer Designate and a Person Discharging Managerial Responsibilities ("PDMR"), under the Company's Recruitment Plan.
Number of ordinary shares granted
Maturity Date
Additional holding period following maturity
24,259
31 March 2018
None
39,666
31 March 2018
2 years
67,714
31 March 2018
2 years
21,692
1 March 2019
None
47,705
1 March 2019
2 years
48,294
1 March 2020
2 years
Mr Livingston joined the Company on 29 January 2018 and forfeited a number of awards from his previous employment upon leaving that role, including performance based awards and awards of restricted shares not subject to performance conditions. As per our approved recruitment policy, these awards have been replaced with awards of restricted shares, with equivalent remaining periods to release of the awards foregone and equivalent expected value.
The Notification of Dealing Form for the above grants may be found below. This notification is provided in accordance with the requirements of the EU Market Abuse Regulation.
NOTIFICATION OF DEALING FORM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Livingston
2
Reason for the notification
a)
Position/status
Chief Executive Officer Designate
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Howden Joinery Group plc
b)
LEI
213800KC1LJOJTY3JP45
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

Nature of transaction
Grant of share awards over ordinary shares under the rules of the Howden Joinery Group plc Recruitment Plan

Description/type of Financial Instrument
Identification code
Date of transaction
Place of transaction
Ordinary shares of 10 pence each
GB0005576813
2018-03-01
Outside a trading venue

Individual transactions
Price(s)
Volume(s)
Total
GBP nil
24,259
n/a
GBP nil
39,666
n/a
GBP nil
67,714
n/a
GBP nil
21,692
n/a
GBP nil
47,705
n/a
GBP nil
48,294
n/a
Aggregated information
Price(s)
Aggregated Volume
Total
GBP nil
249,330
n/a
Enquiries
Forbes McNaughton, Company Secretary: 020 7535 1137

This information is provided by RNS
The company news service from the London Stock Exchange
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