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")
On December 7, 2023 the Company granted the following awards to
Executive Directors under the Ferguson plc 2023 Omnibus Equity
Incentive Plan.
Awards were made to two Executive Directors as set out in the
table below:
Executive Director Performance Awards Restricted Stock Unit Awards
Kevin Murphy 7,669 9,699
William Brundage N/A 4,036
No consideration is payable at allocation or on vesting.
Performance Awards
The Performance Awards will only vest upon the achievement of
certain corporate performance conditions measured over a three-year
period, subject to continued employment through such performance
period. Details of the performance conditions attached to the
awards will be disclosed at the appropriate time in the relevant
public disclosures required to be made by the Company. Subject to
the achievement of the foregoing vesting criteria, the Performance
Awards will vest on October 12, 2026.
Restricted Stock Units ("RSU")
The RSU awards have no performance conditions and will vest,
subject to continued employment with the Company, on October 12,
2026.
The attached notifications, which have 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), provide further detail.
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Kevin Murphy
2 Reason for the notification
a) Position/status Chief Executive 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 grant of performance awards
under the Ferguson plc 2023 Omnibus
Equity Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
$0.00 7,669
USD -- US Dollar
d) Aggregated information
- Aggregated volume Not applicable
- Price $0.00
e) Date of the transaction 2023-12-07; UTC time
f) Place of the transaction Outside a Trading Venue
1 Details of the person discharging managerial responsibilities / person
closely associated
a) Name Kevin Murphy
2 Reason for the notification
a) Position/status Chief Executive 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 grant of restricted stock units
under the Ferguson plc 2023 Omnibus
Equity Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
$0.00 9,699
USD -- US Dollar
d) Aggregated information
- Aggregated volume Not applicable
- Price $0.00
e) Date of the transaction 2023-12-07; UTC time
f) Place of the transaction Outside a Trading Venue
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 grant of restricted stock units
under the Ferguson plc 2023 Omnibus
Equity Incentive Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
$0.00 4,036
USD -- US Dollar
d) Aggregated information
- Aggregated volume Not applicable
- Price $0.00
e) Date of the transaction 2023-12-07; UTC time
f) Place of the transaction Outside a Trading Venue
December 11, 2023
Enquiries:
Kate McCormick, Company Secretary
Tel: +44 (0) 118 927 3827
View source version on businesswire.com:
https://www.businesswire.com/news/home/20231211742962/en/
CONTACT:
Ferguson plc
SOURCE: Ferguson plc
Copyright Business Wire 2023
(END) Dow Jones Newswires
December 11, 2023 06:45 ET (11:45 GMT)
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