We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 |
TIDMGRI
RNS Number : 4241I
Grainger PLC
11 December 2020
Grainger plc
("Grainger" or the "Company")
GRAINGER PLC 2017 LONG TERM INCENTIVE PLAN AND GRANT OF OPTIONS TO DIRECTORS
The Company announces that it has made the following grants of nil cost share options ("Options") over ordinary shares of 5p each in the capital of the Company ("Shares") pursuant to the 2017 Long Term Incentive Plan ("LTIP") on 10 December 2020 (under the LTIP rules as amended and approved by the shareholders at the Company's AGM on 5 February 2020).
Grant of Options
On 10 December 2020, Grainger granted Options over a total of 525,062 Shares to its Executive Directors and Persons Discharging Managerial Responsibilities ("PDMRs") of the Company (as specified in the table below).
Director/ PDMR Position No. of shares under Option Helen Gordon Chief Executive Officer 350,496 ------------------------- --------------------------- Andrew Saunderson Director of Investments 87,283 ------------------------- --------------------------- Director of Land and Michael Keaveney Development 87,283 ------------------------- ---------------------------
The Options will generally vest and become exercisable three years from the date of grant, subject to continued employment. Vesting of the Options is subject to certain performance conditions, namely the Total Property Return ("TPR") performance, relative Total Shareholder Return ("TSR") and Secured PRS Investment. Half of the Shares under an Option are subject to TSR performance conditions, a quarter of the Shares under an Option are subject to TPR performance conditions and a quarter of the Shares under an Option are subject to the Secured PRS Investment performance conditions.
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 responsibilities 1 / person closely associated a) Names Helen Gordon 2 Reason for the notification a) Position/status Chief Executive Officer, 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 Ordinary Shares of 5p each in Grainger plc of the financial instrument, type of instrument b) Identification GB00B04V1276 code c) Nature of the Grant of nil cost Options over Ordinary Shares pursuant transaction to the Grainger plc 2017 Long Term Incentive Plan which shall ordinarily vest and become exercisable from the third anniversary of the grant date subject to continued service and to the extent to which the performance conditions set for the Option are satisfied d) Price and volumes Price - Nil Volume: 350,496 Ordinary Shares d) Aggregated information N/A - Aggregated volume - Price e) Date of the 10 December 2020 transaction f) Place of the Outside a trading venue transaction Details of the person discharging managerial responsibilities 1 / 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 Ordinary Shares of 5p each in Grainger plc of the financial instrument, type of instrument b) Identification GB00B04V1276 code c) Nature of Grant of nil cost Options over Ordinary Shares the transaction pursuant to the Grainger plc 2017 Long Term Incentive Plan which shall ordinarily vest and become exercisable from the third anniversary of the grant date subject to continued service and to the extent to which the performance conditions set for the Option are satisfied d) Price and Price - Nil volumes Volumes: 87,283 Ordinary Shares d) Aggregated information N/A - Aggregated volume - Price e) Date of the 10 December 2020 transaction f) Place of the Outside a trading venue transaction Details of the person discharging managerial responsibilities 1 / 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 Ordinary Shares of 5p each in Grainger plc of the financial instrument, type of instrument b) Identification GB00B04V1276 code c) Nature of Grant of nil cost Options over Ordinary Shares the transaction pursuant to the Grainger plc 2017 Long Term Incentive Plan which shall ordinarily vest and become exercisable from the third anniversary of the grant date subject to continued service and to the extent to which the performance conditions set for the Option are satisfied d) Price and Price - Nil volumes Volumes: 87,283 Ordinary Shares d) Aggregated information N/A - Aggregated volume - Price e) Date of the 10 December 2020 transaction f) Place of the Outside a trading venue 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 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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHGPGCPPUPUGWG
(END) Dow Jones Newswires
December 11, 2020 08:26 ET (13:26 GMT)
1 Year Grainger Chart |
1 Month Grainger Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions