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GRI Grainger Plc

266.50
4.50 (1.72%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Grainger Plc LSE:GRI London Ordinary Share GB00B04V1276 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.50 1.72% 266.50 265.50 266.00 267.00 256.00 256.00 469,750 16:35:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 106.1M 25.6M 0.0347 76.66 1.96B

Grainger PLC Director/PDMR Shareholding (1373Z)

12/12/2017 4:28pm

UK Regulatory


Grainger (LSE:GRI)
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From May 2019 to May 2024

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TIDMGRI

RNS Number : 1373Z

Grainger PLC

12 December 2017

Grainger plc

("Grainger" or the "Company")

GRAINGER PLC DEFERRED BONUS SHARE PLAN AND GRANT OF OPTIONS TO DIRECTORS/PDMRs

The Company announces that it has adopted a new Deferred Bonus Share Plan ("DBSP") in accordance with its Remuneration Policy approved by shareholders at the 2017 Annual General Meeting. The DBSP introduces the compulsory deferral of 25% of any bonus payable to participants into shares for a period of three years. Initial grants of nil cost share options ("Options") over ordinary shares of 5p each in the capital of the Company ("Shares") pursuant to the DBSP were made on 11 December 2017.

Grant of Options

On 11 December 2017, Grainger granted Options of a total of 63,751 Shares to its Directors and Persons Discharging Managerial Responsibilities ("PDMRs") for the Company (as specified in the table below).

 
 Director         Position           No. of shares under 
                                      2017 DBSP 
---------------  -----------------  -------------------- 
                  Chief Executive 
 Helen Gordon      Officer           34,051 
---------------  -----------------  -------------------- 
                  Chief Financial 
 Vanessa Simms     Officer           20,974 
---------------  -----------------  -------------------- 
                  Chief Operating 
 John Kenny        Officer           8,726 
---------------  -----------------  -------------------- 
 

Vesting of the Options is not subject to any performance conditions and the only condition is the three-year holding period applied under the rules of the DBSP.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
       Details of the person discharging managerial 
  1     responsibilities / person closely associated 
---  ------------------------------------------------------------------- 
a)     Names                Helen Gordon 
---  --------------------  --------------------------------------------- 
2     Reason for the notification 
---  ------------------------------------------------------------------- 
a)     Position/status      Chief Executive Officer, Director 
---  --------------------  --------------------------------------------- 
b)     Initial              Initial Notification 
        notification 
---  --------------------  --------------------------------------------- 
3       Details of the issuer, emission allowance market 
         participant, auction platform, auctioneer or 
         auction monitor 
---  ------------------------------------------------------------------- 
a)      Name                    Grainger plc 
---  ----------------------  ------------------------------------------- 
b)      LEI                    2138007CEIRKZMNI2979 
---  ----------------------  ------------------------------------------- 
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             Ordinary Shares of 5p each in Grainger 
         of the financial        plc 
         instrument, 
         type of 
         instrument 
---  ----------------------  ------------------------------------------- 
b)      Identification          GB00B04V1276 
         code 
---  ----------------------  ------------------------------------------- 
c)      Nature of               Grant of nil cost Options over Ordinary 
         the transaction         Shares pursuant to the Grainger plc 
                                 Deferred Bonus Share Plan which shall 
                                 ordinarily vest and become exercisable 
                                 from the third anniversary of the grant 
                                 date. 
---  ----------------------  ------------------------------------------- 
d)      Price and               Price - Nil 
         volumes                 Volume: 34,051 Ordinary Shares 
---  ----------------------  ------------------------------------------- 
d)      Aggregated 
         information              N/A 
         - Aggregated 
         volume 
         - Price 
---  ----------------------  ------------------------------------------- 
e)      Date of                11 December 2017 
         the transaction 
---  ----------------------  ------------------------------------------- 
f)      Place of              Outside a trading venue 
         the transaction 
---  ----------------------  ------------------------------------------- 
 
 
 
     Details of the person discharging managerial 
  1   responsibilities / person closely associated 
---  --------------------------------------------------------------- 
a)      Names               Vanessa Simms 
---  -------------------  ------------------------------------------ 
2       Reason for the notification 
---  --------------------------------------------------------------- 
a)      Position/status     Chief Financial Officer, Director 
---  -------------------  ------------------------------------------ 
b)      Initial             Initial Notification 
         notification 
---  -------------------  ------------------------------------------ 
3      Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
---  --------------------------------------------------------------- 
a)      Name                Grainger plc 
---  -------------------  ------------------------------------------ 
b)      LEI                  2138007CEIRKZMNI2979 
---  -------------------  ------------------------------------------ 
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         Ordinary Shares of 5p each in Grainger 
         of the              plc 
         financial 
         instrument, 
         type of 
         instrument 
---  -------------------  ------------------------------------------ 
b)      Identification      GB00B04V1276 
         code 
---  -------------------  ------------------------------------------ 
c)      Nature              Grant of nil cost Options over Ordinary 
         of the              Shares pursuant to the Grainger plc 
         transaction         Deferred Bonus Share Plan which shall 
                             ordinarily vest and become exercisable 
                             from the third anniversary of the grant 
                             date. 
---  -------------------  ------------------------------------------ 
d)      Price and           Price - Nil 
         volumes             Volumes: 20,974 Ordinary Shares 
---  -------------------  ------------------------------------------ 
d)      Aggregated 
         information          N/A 
         - Aggregated 
         volume 
         - Price 
---  -------------------  ------------------------------------------ 
e)      Date of              11 December 2017 
         the transaction 
---  -------------------  ------------------------------------------ 
f)      Place of            Outside a trading venue 
         the transaction 
---  -------------------  ------------------------------------------ 
 
 
        Details of the person discharging managerial 
  1      responsibilities / person closely associated 
---  --------------------------------------------------------------- 
a)      Names               John Kenny 
---  --------------------  ----------------------------------------- 
2       Reason for the notification 
---  --------------------------------------------------------------- 
a)      Position/status     Chief Operating Officer, PDMR 
---  --------------------  ----------------------------------------- 
b)      Initial             Initial Notification 
         notification 
---  --------------------  ----------------------------------------- 
3     Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  --------------------------------------------------------------- 
a)      Name                Grainger plc 
---  --------------------  ----------------------------------------- 
b)      LEI                  2138007CEIRKZMNI2979 
---  --------------------  ----------------------------------------- 
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         Ordinary Shares of 5p each in Grainger 
         of the financial    plc 
         instrument, 
         type of 
         instrument 
---  --------------------  ----------------------------------------- 
b)      Identification      GB00B04V1276 
         code 
---  --------------------  ----------------------------------------- 
c)      Nature of           Grant of nil cost Options over Ordinary 
         the transaction     Shares pursuant to the Grainger plc 
                             Deferred Bonus Share Plan which shall 
                             ordinarily vest and become exercisable 
                             from the third anniversary of the grant 
                             date. 
---  --------------------  ----------------------------------------- 
d)      Price and           Price - Nil 
         volumes             Volumes: 8,726 Ordinary Shares 
---  --------------------  ----------------------------------------- 
d)      Aggregated 
         information          N/A 
         - Aggregated 
         volume 
         - Price 
---  --------------------  ----------------------------------------- 
e)      Date of             11 December 2017 
         the transaction 
---  --------------------  ----------------------------------------- 
f)      Place of            Outside a trading venue 
         the transaction 
---  --------------------  ----------------------------------------- 
 

Name of authorised official of issuer responsible for making notification.

Adam McGhin

Group General Counsel and Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHGGGCPPUPMGQP

(END) Dow Jones Newswires

December 12, 2017 11:28 ET (16:28 GMT)

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