TIDMFERG

RNS Number : 2392W

Ferguson PLC

09 December 2019

FERGUSON PLC ("Company")

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares")

Ferguson Group Long Term Incentive Plan 2019 ("LTIP")

On 5 December 2019 the Company granted the following awards under the LTIP to two Executive Directors and three other PDMRs as set out in the table below:

 
 PDMR/Executive Director    Conditional share awards or share option 
                                             awards 
 K Murphy                                    43,625 
                           ----------------------------------------- 
 M Powell                                    26,481 
                           ----------------------------------------- 
 I Graham                                    1,558 
                           ----------------------------------------- 
 S Long                                      1,577 
                           ----------------------------------------- 
 M Sajor                                     1,488 
                           ----------------------------------------- 
 

The awards were granted as conditional share awards to Mr Murphy, Mr Graham, Ms Long and Mr Sajor and as nil cost options to Mr Powell. No consideration is payable at allocation, on vesting or, for those in the form of nil cost options, on exercise of all or part of the awards.

These awards will only vest upon, normally, continued employment and the achievement of certain corporate performance conditions measured over a three year period. Full details of the relevant performance conditions can be found in the Directors' Remuneration Report of the Company's Annual Report and Accounts 2019. Subject to, normally, continued employment and the meeting of the performance conditions, the conditional awards will vest on 5 December 2022 and the nil cost options will be exercisable between 5 December 2022 and 5 December 2029.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Kevin Murphy 
     ------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                 Group Chief Executive 
     ------------------------------  ---------------------------------------- 
 b)   Initial/Amendment               Initial notification 
       notification 
     ------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            Ferguson plc 
     ------------------------------  ---------------------------------------- 
 b)   LEI                             213800DU1LGY3R2S2X42 
     ------------------------------  ---------------------------------------- 
 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 the              Ordinary Shares of 10p each 
       financial instrument,           ISIN: JE00BJVNSS43 
       type of instrument 
       Identification code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       The grant of conditional shares under 
                                       the Ferguson Group Long Term Incentive 
                                       Plan 2019 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.00     43,625 
                                                    ---------- 
                                        GBP - British Pound 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information      Not applicable 
                                        GBP0.00 
             *    Aggregated volume 
 
 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         2019-12-05; UTC time 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        London Stock Exchange, Main Market 
                                       (XLON) 
     ------------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Michael Powell 
     ------------------------------  ------------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status                 Group Chief Financial Officer 
     ------------------------------  ------------------------------------ 
 b)   Initial/Amendment               Initial notification 
       notification 
     ------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                            Ferguson plc 
     ------------------------------  ------------------------------------ 
 b)   LEI                             213800DU1LGY3R2S2X42 
     ------------------------------  ------------------------------------ 
 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 the              Ordinary Shares of 10p each 
       financial instrument,           ISIN: JE00BJVNSS43 
       type of instrument 
       Identification code 
     ------------------------------  ------------------------------------ 
 b)   Nature of the transaction       The grant of nil cost share options 
                                       under the Ferguson Group Long Term 
                                       Incentive Plan 2019 
     ------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.00     26,481 
                                                    ---------- 
                                        GBP - British Pound 
     ------------------------------  ------------------------------------ 
 d)        Aggregated information      Not applicable 
                                        GBP0.00 
             *    Aggregated volume 
 
 
 
             *    Price 
     ------------------------------  ------------------------------------ 
 e)   Date of the transaction         2019-12-05; UTC time 
     ------------------------------  ------------------------------------ 
 f)   Place of the transaction        London Stock Exchange, Main Market 
                                       (XLON) 
     ------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Ian Graham 
     ------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                 Group General Counsel 
     ------------------------------  ---------------------------------------- 
 b)   Initial/Amendment               Initial notification 
       notification 
     ------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            Ferguson plc 
     ------------------------------  ---------------------------------------- 
 b)   LEI                             213800DU1LGY3R2S2X42 
     ------------------------------  ---------------------------------------- 
 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 the              Ordinary Shares of 10p each 
       financial instrument,           ISIN: JE00BJVNSS43 
       type of instrument 
       Identification code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       The grant of conditional shares under 
                                       the Ferguson Group Long Term Incentive 
                                       Plan 2019 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.00     1,558 
                                                    ---------- 
                                        GBP - British Pound 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information      Not applicable 
                                        GBP0.00 
             *    Aggregated volume 
 
 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         2019-12-05; UTC time 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        London Stock Exchange, Main Market 
                                       (XLON) 
     ------------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Samantha Long 
     ------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                 Group Chief Human Resources Officer 
     ------------------------------  ---------------------------------------- 
 b)   Initial/Amendment               Initial notification 
       notification 
     ------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            Ferguson plc 
     ------------------------------  ---------------------------------------- 
 b)   LEI                             213800DU1LGY3R2S2X42 
     ------------------------------  ---------------------------------------- 
 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 the              Ordinary Shares of 10p each 
       financial instrument,           ISIN: JE00BJVNSS43 
       type of instrument 
       Identification code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       The grant of conditional shares under 
                                       the Ferguson Group Long Term Incentive 
                                       Plan 2019 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.00     1,577 
                                                    ---------- 
                                        GBP - British Pound 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information      Not applicable 
                                        GBP0.00 
             *    Aggregated volume 
 
 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         2019-12-05; UTC time 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        London Stock Exchange, Main Market 
                                       (XLON) 
     ------------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Michael Sajor 
     ------------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                 Group Chief Information Officer 
     ------------------------------  ---------------------------------------- 
 b)   Initial/Amendment               Initial notification 
       notification 
     ------------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                            Ferguson plc 
     ------------------------------  ---------------------------------------- 
 b)   LEI                             213800DU1LGY3R2S2X42 
     ------------------------------  ---------------------------------------- 
 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 the              Ordinary Shares of 10p each 
       financial instrument,           ISIN: JE00BJVNSS43 
       type of instrument 
       Identification code 
     ------------------------------  ---------------------------------------- 
 b)   Nature of the transaction       The grant of conditional shares under 
                                       the Ferguson Group Long Term Incentive 
                                       Plan 2019 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.00     1,488 
                                                    ---------- 
                                        GBP - British Pound 
     ------------------------------  ---------------------------------------- 
 d)        Aggregated information      Not applicable 
                                        GBP0.00 
             *    Aggregated volume 
 
 
 
             *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the transaction         2019-12-05; UTC time 
     ------------------------------  ---------------------------------------- 
 f)   Place of the transaction        London Stock Exchange, Main Market 
                                       (XLON) 
     ------------------------------  ---------------------------------------- 
 

Enquiries:

Graham Middlemiss, Group Company Secretary

(0118 927 3800)

9 December 2019

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END

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December 09, 2019 08:15 ET (13:15 GMT)

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