Morrison(Wm.)Supermarkets PLC Director/PDMR Shareholding (9571L)

TIDMMRW

RNS Number : 9571L

Morrison(Wm.)Supermarkets PLC

24 April 2018

24 April 2018

Wm Morrison Supermarkets plc

(the "Company")

Notification of Dealings in the Company's shares by Directors

The Company announces the following dealings in the Company's ordinary shares of 10p each ("Shares") undertaken by directors / persons discharging managerial responsibility ("PDMRs").

On 23 April 2018, the release from an award granted under the rules of the Wm Morrison Supermarkets Long Term Incentive Plan ("LTIP") on 23 April 2015 meant that David Potts and Trevor Strain receive 660,120 and 326,176 Shares of 10 pence each in the Company respectively.

These share awards are after settlement of income tax and employee's national insurance contributions.

David Potts' total shareholding following this action is 1,663,001 Shares.

The Remuneration Committee took the decision to fully cash settle the awards made to Trevor Strain, resulting in Trevor Strain receiving this award as a cash payment and not Shares in the Company.

The share price on release was 234.3 pence per Share.

Trevor Strain's total shareholding following this action remains at 282,732 Shares. Trevor Strain has a further 714,299 Shares in his Deferred Share Bonus Plans, which are not subject to performance.

The Notification of Dealing Form can be found below.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Enquiries:

   Andrew Kasoulis - Investor Relations                                    07785 343515 
   Julian Bailey - Media Relations                                              07969 061092 

Notification of dealing form

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                   David Potts 
---  ---------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status        Chief Executive Officer 
---  ---------------------  ------------------------------------------ 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                   Wm Morrison Supermarkets PLC 
---  ---------------------  ------------------------------------------ 
 b)   LEI                    213800IN6LSRGTZSOS29 
---  ---------------------  ------------------------------------------ 
 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 10p Shares 
       of the financial 
       instrument,              ISIN: GB0006043169 
       type of instrument 
       Identification 
       code 
---  -----------------------  ---------------------------------------- 
 b)   Nature of                Release from an award granted 
       the transaction          under the rules of the Wm Morrison 
                                Supermarkets Long Term Incentive 
                                Plan after settlement of income 
                                tax and employee's national 
                                insurance contributions 
---  -----------------------  ---------------------------------------- 
 c)   Price(s) and               Price(s)   Volume(s) 
       volume(s)                 ---------  ---------- 
                                  234.3p     660,120 
                                 ---------  ---------- 
---  -----------------------  ---------------------------------------- 
 d)   Aggregated                 Aggregate   Aggregate   Aggregate 
       information                 Price       Volume      Total 
       - Aggregated              ----------  ----------  ------------- 
       volume                     234.3p      660,120     1,546,661.16 
       - Price                   ----------  ----------  ------------- 
---  -----------------------  ---------------------------------------- 
 e)   Date of the              23 April 2018 
       transaction 
---  -----------------------  ---------------------------------------- 
 f)   Place of the             XLON 
       transaction 
---  -----------------------  ---------------------------------------- 
 
 

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April 24, 2018 09:34 ET (13:34 GMT)