Berkeley Group Holdings (The) PLC PDMR Transactions (4549C)

TIDMBKG

RNS Number : 4549C

Berkeley Group Holdings (The) PLC

19 January 2018

19 January 2018

The Berkeley Group Holdings plc (the "Company")

Transactions of persons discharging managerial responsibilities

Further to the announcement made on 8 December 2017, announcing the appointment of Justin Tibaldi and Paul Vallone to the Board of Berkeley as Executive Directors, the Company confirms that the awards detailed below have today been granted under The Berkeley Group Holdings plc 2011 Long-Term Incentive Plan (the "2011 LTIP"). As announced on 8 December 2017, these awards were approved by the Remuneration Committee following their appointment as Executive Directors of the Company on 8 December 2017.

 
 Name           Number of Shares 
                  under Option 
-------------  ----------------- 
 J Tibaldi          233,000 
-------------  ----------------- 
 P M Vallone        300,000 
-------------  ----------------- 
 

These awards are consistent with the Company's remuneration policy as detailed in the 2017 Directors' Remuneration Report and approved by shareholders in February 2017 and are subject to the same performance conditions as other awards under the 2011 LTIP.

Gemma Parsons

Company Secretary

The Berkeley Group Holdings plc

For further information please contact:

Novella Communications

Tim Robertson

T: 020 3151 7008

The notification 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                            Justin Tibaldi 
---  ------------------------------  -------------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------------------- 
 b)   Position / status               Divisional Executive Director 
---  ------------------------------  -------------------------------- 
 c)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                            The Berkeley Group Holdings 
                                       plc 
---  ------------------------------  -------------------------------- 
 b)   LEI                             2138009OQSSLVVHQAL78 
---  ------------------------------  -------------------------------- 
 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                  Ordinary Shares of 5p each 
       the financial 
       instrument, type                GB00B02L3W35 
       of instrument 
       Identification 
       Code 
---  ------------------------------  -------------------------------- 
 b)   Nature of the                   Grant of an option over 233,000 
       transaction(s)                  ordinary shares under The 
                                       Berkeley Group Holdings plc 
                                       2011 Long Term Incentive Plan. 
---  ------------------------------  -------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                       ----------  ---------- 
                                        Nil         233,000 
                                       ----------  ---------- 
---  ------------------------------  -------------------------------- 
 d)        Aggregated information     n/a single transaction 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  -------------------------------- 
 e)   Date of the transaction         2018-01-19 
---  ------------------------------  -------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
---  ------------------------------  -------------------------------- 
 

The notification 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                            Paul Vallone 
---  ------------------------------  -------------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------------------- 
 b)   Position / status               Divisional Executive Director 
---  ------------------------------  -------------------------------- 
 c)   Initial notification            Initial notification 
       / amendment 
---  ------------------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                            The Berkeley Group Holdings 
                                       plc 
---  ------------------------------  -------------------------------- 
 b)   LEI                             2138009OQSSLVVHQAL78 
---  ------------------------------  -------------------------------- 
 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                  Ordinary Shares of 5p each 
       the financial 
       instrument, type                GB00B02L3W35 
       of instrument 
       Identification 
       Code 
---  ------------------------------  -------------------------------- 
 b)   Nature of the                   Grant of an option over 300,000 
       transaction(s)                  Ordinary Shares under The 
                                       Berkeley Group Holdings plc 
                                       2011 Long Term Incentive Plan. 
---  ------------------------------  -------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                       ----------  ---------- 
                                        Nil         300,000 
                                       ----------  ---------- 
---  ------------------------------  -------------------------------- 
 d)        Aggregated information     n/a single transaction 
             *    Aggregated volume 
 
 
             *    Price 
---  ------------------------------  -------------------------------- 
 e)   Date of the transaction         2018-01-19 
---  ------------------------------  -------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
---  ------------------------------  -------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 19, 2018 13:15 ET (18:15 GMT)