Galliford Try PLC Director/PDMR Shareholding (3071K)

TIDMGFRD

RNS Number : 3071K

Galliford Try PLC

09 April 2018

Galliford Try plc

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them

Galliford Try plc (the "Company") notifies that the following transactions have occurred in connection with new ordinary shares of 50 pence each in the share capital of the Company, provisionally allotted (nil paid) (each a "Nil Paid Right") (ISIN GB00BF1DQ823) as part of its Rights Issue announced on 27 March 2018:

 
 PDMRs           Number of Nil Paid Rights 
                            sold 
------------  ------------------------------ 
               Unrestricted    Annual Bonus 
                   Shares       Plan Shares* 
------------  --------------  -------------- 
 G Prothero          -             1,907 
------------  --------------  -------------- 
 B Hocking           -              243 
------------  --------------  -------------- 
 

*Shares held through the Company's Annual Bonus Plan are beneficially owned by the relevant PDMRs. The shares are subject to sale restrictions, which fall away three years after the relevant award date, and are held through the Company's Employee Share Trust, whose trustee is BWCI Trust Company Limited. Proceeds from the sale of the rights will be used to acquire shares under the Rights Issue.

The Notification of Dealing Forms provided in accordance with the requirements of the Market Abuse Regulation to the Financial Conduct Authority in relation to the transactions listed above are set out below:

 
      1.   Details of the person discharging managerial 
            responsibilities / person closely associated 
--------  ----------------------------------------------------------------- 
      a)   Name                           Graham Prothero 
--------  -----------------------------  ---------------------------------- 
      2.   Reason for the notification 
--------  ----------------------------------------------------------------- 
      a)   Position/status                Finance Director/PDMR 
--------  -----------------------------  ---------------------------------- 
      b)   Initial notification           Initial Announcement 
            /Amendment 
--------  -----------------------------  ---------------------------------- 
      3.   Details of the issuer, emission allowance 
            market participant, auction platform, auctioneer 
            or auction monitor 
--------  ----------------------------------------------------------------- 
      a)   Name                           Galliford Try plc 
--------  -----------------------------  ---------------------------------- 
      b)   LEI                            213800OOHUV3HHP46A02 
--------  -----------------------------  ---------------------------------- 
      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   Nil Paid Rights 
            instrument, type of            ISIN: GB00BF1DQ823 
            instrument 
--------  -----------------------------  ---------------------------------- 
      b)   Nature of the transaction      Sale of Nil Paid Rights 
--------  -----------------------------  ---------------------------------- 
      c)   Price(s) and volume(s)          Price(s)   Volume   Total 
                                           ---------  -------  ------------ 
                                            GBP2.80    1,907    GBP5,339.60 
                                           ---------  -------  ------------ 
--------  -----------------------------  ---------------------------------- 
      d)   Aggregated information         N/A 
--------  -----------------------------  ---------------------------------- 
      e)   Date of the transaction        5 April 2018 
--------  -----------------------------  ---------------------------------- 
      f)   Place of the transaction       London Stock Exchange 
--------  -----------------------------  ---------------------------------- 
 
 
      1.   Details of the person discharging managerial 
            responsibilities / person closely associated 
--------  --------------------------------------------------------------- 
      a)   Name                           Bill Hocking 
--------  -----------------------------  -------------------------------- 
      2.   Reason for the notification 
--------  --------------------------------------------------------------- 
      a)   Position/status                Chief Executive, Construction 
                                           & Investments /PDMR 
--------  -----------------------------  -------------------------------- 
      b)   Initial notification           Initial Announcement 
            /Amendment 
--------  -----------------------------  -------------------------------- 
      3.   Details of the issuer, emission allowance 
            market participant, auction platform, auctioneer 
            or auction monitor 
--------  --------------------------------------------------------------- 
      a)   Name                           Galliford Try plc 
--------  -----------------------------  -------------------------------- 
      b)   LEI                            213800OOHUV3HHP46A02 
--------  -----------------------------  -------------------------------- 
      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   Nil Paid Rights 
            instrument, type of            ISIN: GB00BF1DQ823 
            instrument 
--------  -----------------------------  -------------------------------- 
      b)   Nature of the transaction      Sale of Nil Paid Rights 
--------  -----------------------------  -------------------------------- 
      c)   Price(s) and volume(s)          Price(s)   Volume   Total 
                                           ---------  -------  ---------- 
                                            GBP2.80    243      GBP680.40 
                                           ---------  -------  ---------- 
--------  -----------------------------  -------------------------------- 
      d)   Aggregated information         N/A 
--------  -----------------------------  -------------------------------- 
      e)   Date of the transaction        5 April 2018 
--------  -----------------------------  -------------------------------- 
      f)   Place of the transaction       London Stock Exchange 
--------  -----------------------------  -------------------------------- 
 

For further enquiries:

 
 Galliford Try             Kevin Corbett, Company 
  plc                       Secretary                           01895 855001 
 
  Clara Melia, Investor 
   Relations                                                   07748 171 236 
 
 Tulchan Communications    James Macey White                   0207 353 4200 
  Martin Pengelley 
  Elizabeth Snow 
 
   1.   Notes to Editors 

Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners. Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2017, the Group generated revenue of GBP2.8 billion.

This information is provided by RNS

The company news service from the London Stock Exchange

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April 09, 2018 11:30 ET (15:30 GMT)