Taylor Wimpey PLC Director/PDMR Shareholding (7773I)

TIDMTW.

RNS Number : 7773I

Taylor Wimpey PLC

23 March 2018

Taylor Wimpey plc

23 March 2018

Taylor Wimpey plc

Notification of transactions by persons discharging managerial responsibilities:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------------- 
 a)   Name 
                                              1. Peter Redfern 
                                              2. Ryan Mangold 
                                              3. James Jordan 
---  -------------------------  ----------------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------------------- 
 a)   Position/status                       1. Chief Executive 
                                             2. Group Finance Director 
                                             3. Group Legal Director and 
                                             Company Secretary 
---  -------------------------  ----------------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ----------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------------- 
 a)   Name                       Taylor Wimpey plc 
---  -------------------------  ----------------------------------------------- 
 b)   LEI                        21380089BTRXTD8S3R66 
---  -------------------------  ----------------------------------------------- 
 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 1 pence 
       the financial              each 
       instrument, type 
       of instrument 
 
       Identification             GB0008782301 
       code 
---  -------------------------  ----------------------------------------------- 
 b)   Nature of the              Conditional deferred bonus 
       transaction                share awards made in respect 
                                  of the 2017 financial year 
                                  under the Taylor Wimpey 2008 
                                  Executive Incentive Scheme, 
                                  under which a proportion 
                                  of the gross cash bonus of 
                                  the PDMRs named above is 
                                  converted into shares in 
                                  the Company, deferred for 
                                  a period of three years. 
---  -------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)              Volume(s) 
                                   --------------------  ---------------------- 
 
                                    183.60 pence.                    1. 150,282 
                                     The number                       2. 75,533 
                                      of share awards 
                                      were calculated 
                                      at the MMQ 
                                      for a Taylor 
                                      Wimpey Ordinary 
                                      share as at 
                                      close of business 
                                      on 22 March 
                                      2018. 
                                                                      3. 69,773 
                                   --------------------  ---------------------- 
---  -------------------------  ----------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         295,588 
 
 
       - Price                     Nil 
---  -------------------------  ----------------------------------------------- 
 e)   Date of the transaction    23 March 2018 
---  -------------------------  ----------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ----------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 23, 2018 07:38 ET (11:38 GMT)