REG - Howden Joinery Grp - Director/PDMR Shareholding
RNS Number : 3470WHowden Joinery Group PLC31 July 201831 July 2018
HOWDEN JOINERY GROUP PLC
(the "Company")
NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
Grant under the 2009 Howden Joinery Group plc Long-Term Incentive Plan ("LTIP")
The Company announces that today it granted the following award over ordinary shares of the Company to Andrew Gault, the e-Commerce Director and a Person Discharging Managerial Responsibilities ("PDMR"), under the LTIP.
Number of ordinary shares granted
Maturity Date
Additional holding period following maturity
72,210
31 July 2021
2 years
The award will vest after a three year period subject to certain performance conditions being met. A further two year holding period will then apply to any shares Mr Gault is entitled to acquire on vesting.
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 Gault
2
Reason for the notification
a)
Position/status
e-Commerce Director/PDMR
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 award over ordinary shares under the rules of the Howden Joinery Group plc Long-term Incentive Plan
Description/type of Financial Instrument
Identification code
Date of transaction
Place of transaction
Ordinary shares of 10 pence each
GB0005576813
2018-07-31
Outside a trading venue
Individual transactions
Price(s)
Volume(s)
Total
GBP nil
72,210
n/a
Aggregated information
Price(s)
Aggregated Volume
Total
GBP nil
72,210
n/a
Enquiries
Forbes McNaughton, Company Secretary: 020 7535 1137
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