REG - Persimmon Plc - Director/PDMR Shareholding

PersimmonAnnouncement

05/06/2020 10:00

RNS Number : 1156P
  
Persimmon PLC
  
05 June 2020
  
 

5 June 2020
Persimmon Plc (the "Company")
 
Director/PDMR Shareholding
 
 
On 3 June 2020, Dave Jenkinson, Group Chief Executive, exercised his remaining award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP").
Dave Jenkinson received 89,581 shares, net of income tax and national insurance liabilities. Under the rules of the 2012 LTIP Dave Jenkinson is required to hold 50% of the shares received for at least twelve months. Consequently, Dave Jenkinson will hold 44,791 shares until at least 3 June 2021. 
 
In addition, Dave Jenkinson sold 89,581 shares at a price of £24.7688 per share.
 
Following these transactions, Dave Jenkinson holds 783,290 shares in the Company including 44,791 shares to be held until at least 3 June 2021.
 
The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 


 




a) 
 


Name 


Dave Jenkinson


 




2 
 


Reason for the notification 
 


 




a) 
 


Position/status 
 


Group Chief Executive


 




b) 
 


Initial notification /Amendment 
 


Initial notification


 




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 


 




a) 
 


Name 
 


Persimmon Plc


 




b) 
 


LEI 
 


213800XI72Y57UWN6F31


 




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 
 


 








Transaction 1






 




a) 
 


Description of the financial instrument, type of instrument 


Ordinary shares of 10p each


 












 




Identification code 


GB0006825383


 












 




b) 
 


Nature of the transaction 
 
 


Acquisition of shares pursuant to the exercise of an option under the Persimmon Plc 2012 Long Term Incentive Plan 


 




c) 
 


Price(s) and volume(s) 


















 












Price(s)


Volume(s)






 












Nil


169,022






 












 
 










 




d) 
 


Aggregated information 






 












 




- Aggregated volume


N/A Single transaction


 












 




- Price


N/A Single transaction


 












 




e) 
 


Date of the transaction 
 


03/06/2020


 




f) 
 


Place of the transaction 
 


Outside of a main market


 




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 
 








Transaction 2








a) 
 


Description of the financial instrument, type of instrument 


Ordinary shares of 10p each
 


 












 




Identification code 


GB0006825383


 












 




b) 
 


Nature of the transaction 
 
 


Transfer to the Company's Employee Benefit Trust of shares acquired pursuant to the exercise of an option under the 2012 LTIP in satisfaction of the tax liability arising on the exercise


 




c) 
 


Price(s) and volume(s) 


















 












Price(s)


Volume(s)






 












£24.78


79,441






 
























 




d) 
 


Aggregated information 






 












 




- Aggregated volume


N/A Single transaction


 












 




- Price


N/A Single transaction


 












 




e) 
 


Date of the transaction 
 


03/06/2020


 




f) 
 


Place of the transaction 
 


Outside of main market


 




Transaction 3






 




a) 
 


Description of the financial instrument, type of instrument 


Ordinary shares of 10p each
 


 












 




Identification code 


GB0006825383


 












 




b) 
 


Nature of the transaction 
 
 


Sale of shares 


 




c) 
 


Price(s) and volume(s) 


















 












Price(s)


Volume(s)






 












£24.7688


89,581






 
























 




d) 
 


Aggregated information 






 












 




- Aggregated volume


N/A Single transaction


 












 




- Price


N/A Single transaction


 












 




e) 
 


Date of the transaction 
 


03/06/2020


 




f) 
 


Place of the transaction 
 


Main Market


 

















 
 
Tracy Davison
Company Secretary


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHEAPKSESSEEEA