Grainger PLC Director/PDMR Shareholding (4081E)

TIDMGRI

RNS Number : 4081E

Grainger PLC

03 July 2019

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

The Company was notified on 3 July 2019, that the following transactions have taken place in relation to the Grainger Share Incentive Plan ("SIP") on 1 July 2019. The SIP is an all-employee plan approved by HM Revenue and Customs, under which employees are able to receive allocations of free 5p ordinary shares in the Company ("Ordinary Shares").

A total of 78,039 Ordinary Shares were purchased at a price of 248.95p per share on 1 July 2019 ("Free Shares"). The Free Shares were allocated to all employees participating in the SIP as Free Shares and registered in the name of Link Asset Services Trustees Ltd.

Helen Gordon, Vanessa Simms, Andrew Saunderson and Michael Keaveney, who are directors and/or persons discharging managerial responsibilities, were also allocated Free Shares as participants in the SIP, for no consideration as detailed below.

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.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
a)    Names                   Helen Gordon 
2    Reason for the notification 
a)    Position/status         CEO/ Director 
b)    Initial notification    Initial 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 of                Ordinary Shares of 5p each in Grainger plc 
       the financial 
       instrument, type 
       of instrument 
b)    Identification                GB00B04V1276 
       code 
c)    Nature of the                 Acquisition of Free Shares under the Grainger 
       transaction                   plc Share Incentive Plan 
d)    Price and volumes             Price: GBP2.4895 
                                     Volumes: 723 Ordinary Shares 
d)    Aggregated information 
       - Aggregated volume            N/A 
       - Price 
e)    Date of the transaction      1 July 2019 
f)    Place of the transaction      London Stock Exchange 
 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
a)    Names                   Vanessa Simms 
2    Reason for the notification 
a)    Position/status         Chief Financial Officer 
b)    Initial notification    Initial 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 of                Ordinary Shares of 5p each in Grainger plc 
       the financial 
       instrument, type 
       of instrument 
b)    Identification                GB00B04V1276 
       code 
c)    Nature of the                 Acquisition of Free Shares under the Grainger 
       transaction                   plc Share Incentive Plan 
d)    Price and volumes             Price: GBP2.4895 
                                     Volumes: 723 Ordinary Shares 
d)    Aggregated information 
       - Aggregated volume            N/A 
       - Price 
e)    Date of the transaction      1 July 2019 
f)    Place of the transaction      London Stock Exchange 
 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
a)    Names                   Andrew Saunderson 
2    Reason for the notification 
a)    Position/status         Director of Investments/PDMR 
b)    Initial notification    Initial 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 of                Ordinary Shares of 5p each in Grainger plc 
       the financial 
       instrument, type 
       of instrument 
b)    Identification                GB00B04V1276 
       code 
c)    Nature of the                 Acquisition of Free Shares under the Grainger 
       transaction                   plc Share Incentive Plan 
d)    Price and volumes             Price: GBP2.4895 
                                     Volumes: 723 Ordinary Shares 
d)    Aggregated information 
       - Aggregated volume            N/A 
       - Price 
e)    Date of the transaction      1 July 2019 
f)    Place of the transaction      London Stock Exchange 
 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
a)    Names                   Michael Keaveney 
2    Reason for the notification 
a)    Position/status         Director of Land and Development/PDMR 
b)    Initial notification    Initial 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 of                Ordinary Shares of 5p each in Grainger plc 
       the financial 
       instrument, type 
       of instrument 
b)    Identification                GB00B04V1276 
       code 
c)    Nature of the                 Acquisition of Free Shares under the Grainger 
       transaction                   plc Share Incentive Plan 
d)    Price and volumes             Price: GBP2.4895 
                                     Volumes: 723 Ordinary Shares 
d)    Aggregated information 
       - Aggregated volume            N/A 
       - Price 
e)    Date of the transaction      1 July 2019 
f)    Place of the transaction      London Stock Exchange 
 
 

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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July 03, 2019 11:09 ET (15:09 GMT)