Grainger PLC Director/PDMR Shareholding (1527M)

TIDMGRI

RNS Number : 1527M

Grainger PLC

12 September 2019

Grainger plc

("Grainger" or the "Company")

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

The Company announces that following the maturity of the Company's 2014 5 year Save As You Earn Share Scheme award, Andrew Saunderson, who is a person discharging managerial responsibilities, has exercised his options over 19,178 shares at a price of GBP1.5642 per share ("Shares"). The Shares are allotted by Link, the Company's registrars in accordance with the scheme rules.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide 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                   Andrew Saunderson 
2    Reason for the notification 
a)    Position/status         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                 Exercise of share options under the Grainger 
       transaction                   2014 Save as You Earn Share Scheme 
d)    Price and volumes             Price: GBP1.5642 
                                     Volumes: 19,178 Ordinary Shares 
d)    Aggregated information 
       - Aggregated volume            N/A 
       - Price 
e)    Date of the transaction       11 September 2019 
f)    Place of the transaction      Outside a trading venue 
 
 

Name of authorised official of issuer responsible for making notification.

Adam McGhin

Group General Counsel and Company Secretary

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September 12, 2019 07:21 ET (11:21 GMT)