Travis Perkins: Director/PDMR Shareholding
26 Aprile 2024 - 12:11PM
EQS Regulatory News
|
Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
26-Apr-2024 / 11:11 GMT/BST
2024 RSP
Award
The
Company announces that on 25
April 2024 (“Grant Date”), awards in respect of ordinary shares of
11.205105p each in the Company ("Shares") were granted by way of
nil cost options under the Travis Perkins Plc Restricted Share Plan
("RSP") to the Company’s Chief Financial Officer, Duncan Cooper
(“CFO”), as
follows:
| Name |
Status |
Type of RSP
Award |
Number of
Options |
| Duncan
Cooper |
PDMR |
2024 RSP
Award |
92,105 |
The
number of shares subject to the nil-cost options awarded has been
calculated using a share price of £7.125 (being the mid-market closing
price of the Company's Shares as derived from the London Stock
Exchange’s Daily Official List on the dealing day immediately
preceding the Grant
Date).
The
options will normally vest after a period of three years and will
then be exercisable after the completion of a two year holding
period following vesting. If the options vest they will be
exercisable until the tenth anniversary of the Grant Date (or such
shorter period as determined by the Board). The awards are subject
to performance
underpins.
In
the event that dividends are paid in the period between grant and
the release date, the number of shares awarded will be increased to
reflect the dividends that would have accrued had they been
reinvested in
shares.
CFO
Buyout Awards
The
CFO forfeited outstanding incentives (“Crest Nicholson Awards”) on
leaving his former employer and the Remuneration Committee
determined that it was appropriate to make "buyout awards" in
respect of the Crest Nicholson Awards, structured to be a
like-for-like basis with Crest Nicholson Awards
forfeited.
The
Company announces that on Grant Date, to make these buyout awards,
awards in respect of Shares were granted by way of nil cost options
under the RSP to the CFO as
follows:
| Name |
Status |
Type of RSP
Award |
Number of
Options |
| Duncan
Cooper |
PDMR |
CFO
Buyout Award of 2022
PSP |
48,077 |
| CFO
Buyout Award of 2022
DSBP |
11,031 |
| CFO
Buyout Award of 2023
PSP |
64,805 |
| CFO
Buyout Award of 2023
DSBP |
13,589 |
- CFO
Buyout Award of 2022 PSP will normally vest on 28 January 2025 and
will then be exercisable after the completion of a two year holding
period
- CFO
Buyout Award of 2022 DSBP will normally vest and be exercisable on
28 January
2025
- CFO
Buyout Award of 2023 PSP will normally vest on 27 January 2026 and
will then be exercisable after the completion of a two year holding
period
- CFO
Buyout Award of 2023 DSBP will normally vest and be exercisable on
27 January
2026
The
number of Shares comprised in the CFO Buyout Awards has been
calculated as the full face value of the awards forfeited, based on
the share price of Crest Nicholson plc shares of £2.11 and the
equivalent share price of the Company’s shares of £7.89, in both
cases calculated over the month of January
2024.
Each CFO Buyout Award is subject
to performance underpins, being the conditions applicable to the
Crest Nicholson Awards measured by reference to the performance of
Crest Nicholson (as set out in its annual
reports).
In
the event that dividends are paid in the period between grant and
the release date, the number of shares awarded will be increased to
reflect the dividends that would have accrued had they been
reinvested in
shares.
The
Notification of Dealing Forms for the PDMR can be found below. This
announcement is made in accordance with the requirements of the EU
Market Abuse
Regulation.
For
further information please
contact:
Lindi
Pratt
Company Secretariat
Manager
+44
(0)7471140065
Notification of Dealing
Form
| 1 |
Details of the person discharging
managerial responsibilities/ person closely
associated |
| a) |
Name |
Duncan
Cooper |
| 2 |
Reason for the
notification |
| a) |
Position/Status |
Chief Financial
Officer |
| b) |
Initial
notification/Amendment |
Initial Notification in each
case |
| 3 |
Details of the issuer, emission
allowance market participant, auction platform,
auctioneer
or
auction
monitor |
| a) |
Name |
Travis Perkins
plc |
| b) |
LEI |
2138001I27OUBAF22K83 |
| 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 transaction have
been
conducted |
| a) |
Description of the
financial
instrument,
type of
instrument
Identification
code |
Ordinary Shares of 11.205105 pence
each
ISIN:
GB00BK9RKT01 |
| b) |
Nature of the
transaction |
In
each case, options over ordinary shares of 11.205105 pence each
granted under the Company's Restricted Share Plan at nil
cost. |
| c) |
Price(s) and volume
(s) |
|
|
| Price(s) |
Volume(s) |
|
|
- 92,105
- 48,077
- 11,031
- 64,805
- 13,589
|
| d) |
Aggregated
information
-Aggregated
volume
-Price |
|
|
|
Aggregate
Price |
Aggregate
Volume |
Aggregate
Total |
|
n/a |
n/a |
n/a |
| e) |
Date of the
transaction |
25 April
2024 |
| f) |
Place of the
transaction |
Outside a trading
venue |
|
|
|
|
|
|
|
|
|
Dissemination of a Regulatory Announcement, transmitted by EQS
Group.
The issuer is solely responsible for the content of this
announcement.
|
|
| |
| ISIN: |
GB00BK9RKT01 |
| Category Code: |
DSH |
| TIDM: |
TPK |
| LEI Code: |
2138001I27OUBAF22K83 |
| OAM Categories: |
3.1. Additional regulated information required to be disclosed
under the laws of a Member State |
|
| 3.1. Additional regulated information required to be disclosed
under the laws of a Member State |
| Sequence No.: |
318302 |
| EQS News ID: |
1890741 |
| |
| End of Announcement |
EQS News Service |
Grafico Azioni Travis Perkins (LSE:TPK)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Travis Perkins (LSE:TPK)
Storico
Da Dic 2023 a Dic 2024
