REG - Howden Joinery Grp - Director/PDMR Shareholding

Howden JoineryAnnouncement

29/07/2019 13:25

RNS Number : 0732H
Howden Joinery Group PLC
29 July 2019
 


HOWDEN JOINERY GROUP PLC
(the "Company")
 
NOTIFICATION OF TRANSACTION IN SHARES BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
 
 
Grant under the 2019 Howdens Long Term Incentive Plan ("LTIP")
 
The Company announces that today it granted the following Performance Share Plan (PSP) award over ordinary shares of the Company to Mark Slater, a director of Howden Joinery Limited and a Person Discharging Managerial Responsibilities ("PDMR"), under the LTIP:
 



Number of ordinary shares under award


Maturity Date


Additional holding period following maturity




83,565


29 July 2022


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 Slater is entitled to acquire on vesting.
 
The Notification of Dealing Forms for the above grant 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


Mark Slater




2


Reason for the notification




a)


Position/status


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




a)


Description of the financial instrument, type of instrument


 
Ordinary shares of 10 pence each
 




Identification code


GB0005576813




b)


Nature of the transaction


Grant of conditional share awards over ordinary shares under the rules of the Howdens Long Term Incentive Plan




c)


Price(s) and volume(s)


Price


Volume




Nil


83,565




d)


Aggregated information

- Aggregated volume

- Price


Price


Aggregated Volume




Nil


83,565




e)


Date of the transaction


2019-07-29




f)


Place of the transaction


Outside a trading venue



 
 
Enquiries
Forbes McNaughton, Company Secretary:                           020 7535 1137
 




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