REG - Taylor Wimpey PLC - Director/PDMR Shareholding

Taylor WimpeyAnnouncement

10/03/2022 16:00

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RNS Number : 4043E  Taylor Wimpey PLC  10 March 2022

 

 

 

 

 

 

 

10 March 2022

Taylor Wimpey plc

Performance Share Plan Award

 

The Director named below has been granted a conditional nil cost share award
under the Taylor Wimpey Performance Share Plan. In addition to the flexibility
within the shareholder approved Directors' Remuneration Policy to adjust the
formula-driven outturn to improve the link between reward and performance, the
Remuneration Committee (the Committee) will review the number of shares
vesting by reference to the achievement of the performance conditions, in
combination with the share price appreciation over the performance period. If
the Committee concludes that there has been a windfall caused by a short-term
dip in the share price at the time the award was granted, it has discretion to
scale back the number of shares vesting as appropriate.

 

This information set out below is provided in accordance with the requirements
of the EU Market Abuse Regulation.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Chris Carney

 2    Reason for the notification

 a)   Position/status                                              Group Finance Director

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Taylor Wimpey plc

 b)   LEI                                                          21380089BTRXTD8S3R66

 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 1 pence each

      Identification code

                                                                   GB0008782301

 b)   Nature of the transaction                                    Conditional nil cost performance share awards made under the 2017 Taylor

                                                            Wimpey Performance Share Plan

 c)   Price(s) and volume(s)

Price(s)                                                                         Volume(s)

                                                                   130.72 pence.                                                                    749,713

                                                                   The number of Awards were calculated at the above average closing MMQ over the
                                                                   three business days prior to the date of these Awards on 10 March 2022

 

 d)   Aggregated information

      - Aggregated volume                                          749,713

      - Price                                                      Nil

 e)   Date of the transaction                                      10 March 2022

 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

749,713

 

 

Nil

 

e)

 

Date of the transaction

 

 

10 March 2022

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

-Ends-

 

For further information please contact:

 

Taylor Wimpey
plc

Mike Lonnon, Deputy
Secretary
Tel: +44 (0) 1494 885 614

 

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