REG - Howden Joinery Grp - Director/PDMR Shareholding

Howden JoineryAnnouncement

01/03/2019 15:40

RNS Number : 6511R
Howden Joinery Group PLC
01 March 2019
 


1 March 2019
 
HOWDEN JOINERY GROUP PLC
(the "Company")
 
NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
 
The Company announces that the following transactions took place today in relation to awards granted over ordinary 10 pence shares of the Company ("Shares") to Andrew Livingston, the Chief Executive Officer and a Person Discharging Managerial Responsibilities ("PDMR"), under the Company's Recruitment Plan:
 
Vesting of Shares granted under the Company's Recruitment Plan
 



Number of Shares which vested


Number of Shares which were sold*


Total Shares released to PDMR following sale


Total Shares subject to additional 2 year holding period




21,692


10,216


11,476


0




47,705


22,467


0


25,238



 
* Shares were sold to cover taxation and administrative costs arising on the vesting of the Award at a price of 486.2p.
 
Mr Livingston's total shareholding in the Company following the transactions above is 106,358 Shares (c.0.02% of the issued share capital, exclusive of treasury shares).
 
The Notification of Dealing Form for the transactions above 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




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


Vesting of share awards made 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


2019-03-01


Outside a trading venue




Individual transactions


Price(s)


Volume(s)


Total




GBP nil


69,397


n/a




Aggregated information


Price(s)


Aggregated Volume


Total




GBP nil


69,397


n/a










Nature of transaction


Sale of ordinary shares to cover taxation and administrative costs arising from the vesting of share awards




Description/type of Financial Instrument


Identification code


Date of transaction


Place of transaction




Ordinary shares of 10 pence each


GB0005576813


2019-03-01


London Stock Exchange (XLON)




Individual transactions


Price(s)


Volume(s)


Total




GBP 4.862


32,683


GBP 158,904.75




Aggregated information


Price


Aggregated Volume


Total




GBP 4.862


32,683


GBP 158,904.75







 
 
Enquiries
Forbes McNaughton, Company Secretary:                           020 7535 1137
 




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