REG - Howden Joinery Grp - Director/PDMR Shareholding

Howden JoineryAnnouncement

05/05/2022 17:00

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RNS Number : 5159K  Howden Joinery Group PLC  05 May 2022

 

HOWDEN JOINERY GROUP PLC

(the "Company")

 

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES

 

 

The Company announces that the Performance Share Plan ("PSP") award granted to
certain Persons Discharging Managerial Responsibilities ("PDMR") under the
Company's Long-Term Incentive Plan ("LTIP") on 2 May 2019 (the "Award") has
vested.

 

The Award was granted subject to the achievement of certain performance
targets based on the Company's growth in pre-exceptional profit before tax
over the three-year period ending 25 December 2021. An additional holding
period of two years will apply to shares vesting under the Award.

 

The following transactions took place in relation to the Award, which was
granted over ordinary 10 pence shares of the Company ("Shares") to the PDMRs
listed below:

 

 Name of Director or PDMR  Number of Shares which vested under the Award  Number of Shares which were sold*  Number of Shares subject to additional two-year Holding Period
 Andrew Livingston         246,766                                        119,304                            127,462
 Theresa Keating           68,643                                         33,187                             35,456
 Andrew Witts              83,505                                         40,373                             43,132

 

* Shares were sold to cover taxation and administrative costs arising on the
vesting of the Award at a price of 713.3p.

 

The Notification of Dealing Forms for the above transactions may be found
below. These notifications are provided in accordance with the requirements of
the UK Market Abuse Regulation.

 NOTIFICATION OF DEALING FORM
 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                                 William 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 ordinary shares under a conditional share award.
     Description/type of Financial Instrument  Identification code   Date of transaction                                             Place of transaction
     Ordinary shares of 10 pence each          GB0005576813          2022-05-02                                                      Outside a trading venue
     Individual transactions                   Price(s)              Volume(s)                                                       Total
                          GBP nil               246,766                                                         n/a
     Aggregated information                    Price(s)              Aggregated Volume                                               Total
                          GBP nil                                           246,766                             n/a

     Nature of transaction                     Sale of ordinary shares.
     Description/type of Financial Instrument  Identification code   Date of transaction                                             Place of transaction
     Ordinary shares of 10 pence each          GB0005576813          2022-05-04                                                      London Stock Exchange (XLON)
     Individual transactions                   Price(s)              Volume(s)                                                       Total
                          GBP 7.133317          119,304                                                         GBP 851,033.25
     Aggregated information                    Price                 Aggregated Volume                                               Total
                          GBP 7.133317          119,304                                                         GBP 851,033.25

 

 

 

 NOTIFICATION OF DEALING FORM
 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                                                  Theresa Keating
 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
     Nature of transaction                     Vesting of ordinary shares under a conditional share award.
     Description/type of Financial Instrument  Identification code   Date of transaction                                              Place of transaction
     Ordinary shares of 10 pence each          GB0005576813          2022-05-02                                                       Outside a trading venue
     Individual transactions                   Price(s)              Volume(s)                                                        Total
                          GBP nil               68,643                                                           n/a
     Aggregated information                    Price(s)              Aggregated Volume                                                Total
                          GBP nil                                            68,643                              n/a

     Nature of transaction                     Sale of ordinary shares.
     Description/type of Financial Instrument  Identification code   Date of transaction                                              Place of transaction
     Ordinary shares of 10 pence each          GB0005576813          2022-05-04                                                       London Stock Exchange (XLON)
     Individual transactions                   Price(s)              Volume(s)                                                        Total
                          GBP 7.133317          33,187                                                           GBP 236,733.39
     Aggregated information                    Price                 Aggregated Volume                                                Total
                          GBP 7.133317          33,187                                                           GBP 236,733.39

 

 

 

 NOTIFICATION OF DEALING FORM
 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Andrew Witts
 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
     Nature of transaction                     Vesting of ordinary shares under a conditional share award.
     Description/type of Financial Instrument  Identification code   Date of transaction   Place of transaction
     Ordinary shares of 10 pence each          GB0005576813          2022-05-02            Outside a trading venue
     Individual transactions                   Price(s)              Volume(s)             Total
                          GBP nil               83,505                n/a
     Aggregated information                    Price(s)              Aggregated Volume     Total
                          GBP nil               83,505                n/a

     Nature of transaction                     Sale of ordinary shares.
     Description/type of Financial Instrument  Identification code   Date of transaction   Place of transaction
     Ordinary shares of 10 pence each          GB0005576813          2022-05-04            London Stock Exchange (XLON)
     Individual transactions                   Price(s)              Volume(s)             Total
                          GBP 7.133317          40,373                GBP 287,993.41
     Aggregated information                    Price                 Aggregated Volume     Total
                          GBP 7.133317          40,373                GBP 287,993.41

 

Enquiries

Forbes McNaughton, Company
Secretary:                              020 7535
1137

 

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