Bellway PLC Director/PDMR Shareholding

 
TIDMBWY 
 
BELLWAY p.l.c. ('the Company') 
 
                        NOTIFICATION OF TRANSACTIONS OF 
 
                PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES 
 
                               13 NOVEMBER 2018 
 
The Company was informed today that under the terms of the Bellway p.l.c. 
Employee Share Trust (1992) (an arrangement to reward directors and employees) 
22,051 ordinary 12.5p shares (including dividend equivalent shares which have 
accrued between grant and vesting) were issued on 13 November 2018 to Keith 
Adey for nil consideration under the Bellway p.l.c. (2013) Performance Share 
Plan. 
 
Mr Adey immediately thereafter sold 10,385 Bellway p.l.c. 12.5p ordinary shares 
at a price of GBP29.375 per share to cover income tax and NI liabilities and 
dealing costs and transferred the balance of 11,666 shares to Mrs Jayne Adey. 
 
The relevant notifications set out below are provided in accordance with the 
requirements of Article 19 of the EU Market Abuse Regulations. 
 
                                BELLWAY p.l.c. 
 
                        NOTIFICATION OF TRANSACTIONS OF 
 
                PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES 
 
1   Details of the person discharging managerial responsibilities/person closely 
    associated 
 
a)  Name                         1          Keith Adey 
                                 2          Jayne Adey 
 
2   Reason for the notification 
 
a)  Position/status              1          Director (PDMR) 
                                 2          PCA of PDMR 
 
b)  Initial notification/        Initial notification 
    Amendment 
 
3   Details of the issuer, emission allowance market participant, auction platform, 
    auctioneer or auction monitor 
 
a)  Name                         Bellway p.l.c. 
 
b)  LEI                          213800CY4L3HST4FGZ98 
 
4   Details of the transaction(s): section to date; to be repeated for (i) each 
    type of instrument; (ii) each type of transaction; (iii) each and (iv) each 
    place where transactions have been conducted 
 
a)  Description of the financial 
    instrument, type of          12.5p ordinary shares 
    instrument 
                                 GB0000904986 
    Identification code 
 
b)  Nature of the transaction    1a        Exercise of award granted in November 
                                 2015 under the Company's Performance Share Plan and 
                                 associated dividend accrual shares. 
                                 1b        Sale of shares to cover income tax and NI 
                                 liability due on the exercise of this award. 
                                 1c+2    Transfer of shares to Jayne Adey (PCA). 
 
c)  Price(s) and volume(s)                               Price(s)            Volume 
                                 (s) 
                                 1a                    Nil                    22,051 
                                 1b                    GBP29.375           10,385 
                                 1c+2                Nil                    11,666 
 
d)  Aggregated information 
 
    Aggregated volume            N/A 
    Price                        N/A 
 
e)  Date of the transaction      13 November 2018 
 
f)  Place of the transaction     London Stock Exchange (XLON) 
 
Name of contact and telephone number for queries: 
 
Simon Scougall 
 
Group General Counsel & Company Secretary 
 
Bellway p.l.c. 
 
Tel: [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

November 13, 2018 09:49 ET (14:49 GMT)