Persimmon PLC Director/PDMR Shareholding (2798Q)

TIDMPSN

RNS Number : 2798Q

Persimmon PLC

17 October 2019

17 October 2019

Persimmon Plc (the "Company")

Director/PDMR Shareholding

On 15 October 2019, Dave Jenkinson, Group Chief Executive, exercised an award under the Company's 2012 Long Term Incentive Plan ("2012 LTIP").

Dave Jenkinson received 217,874 shares, net of income tax and national insurance liabilities.

Dave Jenkinson has not sold any of the shares received.

Under the rules of the 2012 LTIP Dave Jenkinson is required to hold 50% of the shares received for at least twelve months. Consequently, Dave Jenkinson will hold a minimum of 108,937 of these shares until at least 15 October 2020.

Following this transaction the total interests in the Company of Dave Jenkinson and his Closely Associated Persons have increased to 781,124 shares.

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, give further details:

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                            Dave Jenkinson 
       ------------------------------  ----------------------------------------------------- 
 2      Reason for the notification 
       ------------------------------------------------------------------------------------- 
 a)     Position/status                 Group Chief Executive 
       ------------------------------  ----------------------------------------------------- 
 b)     Initial notification            Initial notification 
         /Amendment 
       ------------------------------  ----------------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------- 
 a)     Name                            Persimmon Plc 
       ------------------------------  ----------------------------------------------------- 
 b)     LEI                             213800XI72Y57UWN6F31 
       ------------------------------  ----------------------------------------------------- 
 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 
       ------------------------------------------------------------------------------------- 
        Transaction 1 
 a)     Description of the              Ordinary shares of 10p each 
         financial instrument, 
         type of instrument 
 
        Identification code             GB0006825383 
 
 b)     Nature of the transaction       Acquisition of shares pursuant to 
                                         the exercise of an option under the 
                                         Persimmon Plc 2012 Long Term Incentive 
                                         Plan 
       ------------------------------  ----------------------------------------------------- 
 c)     Price(s) and volume(s) 
                                            -------------------  ------------------ 
                                             Price(s)             Volume(s) 
                                            -------------------  ------------------ 
                                    Nil                           411,084 
                                   -------------------           ------------------ 
 
 d)     Aggregated information 
 
        - Aggregated volume             N/A Single transaction 
 
        - Price                         N/A Single transaction 
 
 e)     Date of the transaction         15/10/2019 
       ------------------------------  ----------------------------------------------------- 
 f)     Place of the transaction        Outside of a main market 
       ------------------------------  ----------------------------------------------------- 
 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 
      ---------------------------------------------------------------------------------------- 
       Transaction 2 
      -----------------------  --------------------------------------------------------------- 
 a)     Description of the                   Ordinary shares of 10p each 
         financial instrument, 
         type of instrument 
 
        Identification code                  GB0006825383 
 
 b)     Nature of the transaction            Transfer to the company's employee 
                                              benefit trust of shares acquired 
                                              pursuant to the exercise of an option 
                                              under the 2012 LTIP in satisfaction 
                                              of the tax liability arising on the 
                                              exercise. 
       -----------------------------------  ------------------------------------------------ 
 c)     Price(s) and volume(s) 
                                                ----------------  ----------------- 
                                                 Price(s)          Volume(s) 
                                                ----------------  ----------------- 
                                         GBP23.80                  193,210 
                                        ------------------------  ----------------- 
 
 d)     Aggregated information 
 
   - Aggregated volume                  N/A Single transaction 
 
   - Price                              N/A Single transaction 
 
 e)     Date of the transaction              15/10/2019 
       -----------------------------------  ------------------------------------------------ 
 f)     Place of the transaction             Outside of a main market 
       -----------------------------------  ------------------------------------------------ 
 
 

Tracy Davison

Company Secretary

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October 17, 2019 09:39 ET (13:39 GMT)