REG-Travis Perkins Travis Perkins: Director/PDMR Shareholding
05/04/2022 14:30
============
Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
05-Apr-2022 / 14:28 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
The Company announces that, on 1 April 2022, the following awards in
respect of ordinary shares of 11.205105p each in the Company ("Shares")
were made by way of nil cost options under the Travis Perkins Plc 2017
Deferred Share Bonus Plan in respect of the annual deferred bonus for the
2021 Financial Year to PDMRs as set out below. The number of shares
subject to the options awarded has been calculated using a share price of
£15.35 (the average market price over the dealing days falling within the
last 30 days of the Company's 2021 financial year).
Name Status Number of options
Nick Roberts Director & PDMR 36,185
Alan Williams Director & PDMR 29,438
Robin Miller PDMR 4,581
The options over these shares will normally be exercisable from 1 April
2025. If the options vest they are exercisable until the tenth
anniversary of grant.
In the event that dividends are paid in the period between grant and
vesting, the number of shares awarded will be increased to reflect the
dividends that would have accrued had they been reinvested in shares.
In addition, the Company confirms that on 1 April 2022, the following
awards in respect of ordinary shares of 11.205105p each in the Company
("Shares") were made by way of nil cost options under the Travis Perkins
Plc 2021 Restricted Share Plan ("RSP") to PDMRs as set out below. The
number of shares subject to the options awarded has been calculated using
a share price of £12.37 (being the closing price of the Company's Shares
on the dealing day immediately preceding the Grant Date).
Name Status Number of options
Nick Roberts Director & PDMR 64,298
Alan Williams Director & PDMR 52,309
Robin Miller PDMR 23,443
The options awarded to Nick Roberts and Alan Williams shall comprise two
tranches of which 75% percent of the award shall vest on 1 April 2025,
subject to the satisfaction of performance underpins, and will normally be
exercisable from 1 April 2027 after the completion of a two year holding
period following vesting. The remaining 25% of the award shall vest on 1
April 2027, subject to the satisfaction of performance underpins. If the
options vest they will be exercisable until the tenth anniversary of the
Grant Date.
The options awarded to Robin Miller shall vest on 1 April 2025, subject to
the satisfaction of performance underpins. If the options vest they will
be exercisable until the tenth anniversary of the grant date.
In the event that dividends are paid in the period between grant and the
end of the holding period, the number of shares awarded will be increased
to reflect the dividends that would have accrued had they been reinvested
in shares.
The Notification of Dealing Form for each PDMR can be found below. This
announcement is made in accordance with the requirements of the EU Market
Abuse Regulation.
For further information please contact:
Lisa Flury
Assistant Company Secretary
+44 (0) 7500 827 400
Notification of Dealing Form
1 Details of the person discharging managerial responsibilities/ person
closely associated
1. Nick Roberts
2. Alan Williams
a) Name 3. Robin Miller
2 Reason for the notification
1. Chief Executive Officer
2. Chief Financial Officer
a) Position/Status 3. General Counsel and Company Secretary
b) Initial Initial Notification in each case
notification/Amendment
Details of the issuer, emission allowance market participant, auction
3 platform, auctioneer
or auction monitor
a) Name Travis Perkins plc
b) LEI 2138001I27OUBAF22K83
Details of the transaction(s): section to be repeated for (i) each type
of instrument; (ii)
4 each type of transaction; (iii) each date; and; (iv) each place where
transaction have been
conducted
Description of the financial Ordinary Shares of 11.205105 pence each
instrument,
a)
type of instrument
Identification code ISIN: GB00BK9RKT01
In each case, options over ordinary
b) Nature of the transaction shares of 11.205105 pence each granted
under the Company's Deferred Share Bonus
Plan at an option price of £15.35.
Price(s) Volume(s)
Option price: £ 15.35
c) Price(s) and volume (s) 1. 36,185
2. 29,438
3. 4,581
Aggregated information
Aggregate Aggregate Aggregate
d)
-Aggregated volume Price Volume Total
n/a n/a n/a
-Price
e) Date of the transaction 1 April 2022
f) Place of the transaction n/a
Notification of Dealing Form
1 Details of the person discharging managerial responsibilities/ person
closely associated
1. Nick Roberts
2. Alan Williams
a) Name 3. Robin Miller
2 Reason for the notification
1. Chief Executive Officer
2. Chief Financial Officer
a) Position/Status 3. General Counsel and Company Secretary
b) Initial Initial Notification in each case
notification/Amendment
Details of the issuer, emission allowance market participant, auction
3 platform, auctioneer
or auction monitor
a) Name Travis Perkins plc
b) LEI 2138001I27OUBAF22K83
Details of the transaction(s): section to be repeated for (i) each type
of instrument; (ii)
4 each type of transaction; (iii) each date; and; (iv) each place where
transaction have been
conducted
Description of the financial Ordinary Shares of 11.205105 pence each
instrument,
a)
type of instrument
Identification code ISIN: GB00BK9RKT01
In each case, options over ordinary
b) Nature of the transaction shares of 11.205105 pence each granted
under the Company's Restricted Share Plan
at an option price of £12.37
Price(s) Volume(s)
1. 64,298
c) Price(s) and volume (s) Option price: £ 12.37 2. 52,309
3. 23,443
Aggregated information
Aggregate Aggregate Aggregate
d)
-Aggregated volume Price Volume Total
n/a n/a n/a
-Price
e) Date of the transaction 1 April 2022
f) Place of the transaction n/a
══════════════════════════════════════════════════════════════════════════
ISIN: GB00BK9RKT01
Category Code: DSH
TIDM: TPK
LEI Code: 2138001I27OUBAF22K83
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 153814
EQS News ID: 1320909
End of Announcement EQS News Service
══════════════════════════════════════════════════════════════════════════
1 fncls.ssp?fn=show_t_gif&application_id=1320909&application_name=news&site_id=reuters8
References
Visible links
============Recent news on Travis Perkins
See all newsREG-Travis Perkins Travis Perkins plc : Directorate change
AnnouncementREG-Travis Perkins Travis Perkins: Director/PDMR Shareholding
AnnouncementREG-Travis Perkins Travis Perkins plc - first quarter trading update for the three months to 31 March 2024
AnnouncementREG-Travis Perkins Travis Perkins: Results of AGM
AnnouncementREG-Travis Perkins Travis Perkins: Director/PDMR Shareholding
Announcement