FERGUSON PLC: Ferguson plc ("Company"): Director/PDMR Shareholding
December 11 2023 - 6:45AM
UK Regulatory
TIDMFERG
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE
COMPANY ("Shares")
The Ferguson Group Long Term Incentive Plan 2019 ("LTIP")
Total no. of
Shares vesting
No. of dividend after any
PDMR/Executive No. of Shares equivalent Shares withholding for
Director vesting accrued tax
W Brundage 14,329 1,289 8,576
The conditional share granted under the LTIP on November 2, 2020
automatically vested on December 7, 2023. The LTIP was subject to a
dividend equivalent accrual and as a result of the vesting, Mr
Brundage received a dividend equivalent accrual of 1,289 shares.
All Shares were released for nil consideration and 7,042 Shares
were withheld for tax. In accordance with the Company's 2019
Remuneration Policy, Mr Brundage will hold the remaining 8,576
Shares for a period of not less than two years.
The attached notification, which has been made in accordance
with the requirements of the EU Market Abuse Regulation (as it
forms part of UK law pursuant to the European Union (Withdrawal)
Act 2018), provides further detail.
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name William Brundage
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial/Amendment notification Initial 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 financial Ordinary Shares of 10p each
instrument, type of instrument
Identification code ISIN: JE00BJVNSS43
b) Nature of the transaction The automatic vesting of conditional
share award granted in November 2020
under the Ferguson Group Long Term
Incentive Plan 2019 (including
dividend equivalents arising from
the vesting and after withholding
for tax)
c) Price(s) and volume(s)
Price(s) Volume(s)
$0.00 8,576
USD - US Dollars
d) Aggregated information
- Aggregated volume Volume(s) Price(s)
Not applicable $0.00
- Price
e) Date of the transaction 2023-12-07; UTC time
f) Place of the transaction Outside a Trading Venue
December 11, 2023
View source version on businesswire.com:
https://www.businesswire.com/news/home/20231211170643/en/
CONTACT: Enquiries:
Kate McCormick, Company Secretary
Tel: +44 (0) 118 927 3827
SOURCE: Ferguson plc
Copyright Business Wire 2023
(END) Dow Jones Newswires
December 11, 2023 06:45 ET (11:45 GMT)
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