Travis Perkins: Director/PDMR Shareholding
Travis Perkins (TPK)
Travis Perkins: Director/PDMR Shareholding
16-Sep-2020 / 15:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Travis Perkins plc (the "Company") announces that on 14 September 2020 the Company was informed that the following transactions and awards of options in respect of ordinary shares of 10p each in the Company ("Shares") were conducted in respect of the PDMRs listed below.
Alan Williams, Chief Financial Officer and a PDMR exercised the following nil-cost options over Shares ("Options") following the vesting of the 2017 cycles of the Company's 2017 Performance Share Plan ("PSP") and 2017 Co-Investment Plan ("CIP"). He sold sufficient shares to meet the income tax and national insurance liabilities arising from the exercise, with the balance of 32,533 shares remaining being transferred to his Person Closely Associated, Mrs Fiona Williams.
Name
Status
No. of shares exercised
Sale Date
No. of Shares Sold
Price
Beneficial Interest
% of ISC
Alan Williams
PDMR
PSP Linked
927
14/09/20
439
£11.435
190,231
<1%
PSP Unapproved
24,561
11,586
£11.3971
CIP
36,097
17,027
£11.3971
The following awards of Options over Shares were made to the PDMRs listed immediately below under the 2020 cycle of the Company's 2017 Deferred Share Bonus Plan ("DSBP") in respect of the deferred element of the annual bonus for the 2019 Financial Year.
Name
Status
Number
of Options
Nick Roberts
PDMR
15,886
Alan Williams
PDMR
21,434
Robin Miller
PDMR
8,297
The following awards of Options over Shares were made to the PDMRs listed immediately below under the PSP.
Name
Status
Number
of Options
Nick Roberts
PDMR
83,467
Alan Williams
PDMR
67,903*
Robin Miller
PDMR
24,967
* Of the award of Options, 2,623 were Options under the HMRC tax-advantaged CSOP element of the PSP
The Notification of Dealing Form for the above-mentioned transactions and awards of Options 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
Assistant Company Secretary
T: +44 (0)1604 503774
E: lindi.pratt@travisperkins.co.uk
Notification of Dealing Form
1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Alan Williams
2
Reason for the notification
a)
Position/Status
Chief Financial Officer / PDMR
b)
Initial notification/Amendment
Initial Notification
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 10 pence each
ISIN: GB0007739609
b)
Nature of the transaction
Exercise of nil-cost options over ordinary shares of 10 pence each granted under the Company's Performance Share Plan and Co-Investment Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
NIL
1.PSP (linked): 927
2. PSP (unapproved):24,561
3. CIP: 36,097
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
NIL
61,585
n/a
e)
Date of the transaction
14 September 2020
f)
Place of the transaction
n/a
1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Alan Williams
2
Reason for the notification
a)
Position/Status
Chief Financial Officer / PDMR
b)
Initial notification/Amendment
Initial Notification
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 10 pence each
ISIN: GB0007739609
b)
Nature of the transaction
Sale of ordinary shares of 10 pence each (to meet income tax and national insurance liabilities falling due on exercise of options under the Company's Performance Share Plan and Co-Investment Plan).
c)
Price(s) and volume (s)
Price(s)
Volume(s)
1.PSP (linked): £11.435
2. PSP (unapproved): £11.3971
3. CIP: £11.3971
1.PSP (linked): 439
2. PSP (unapproved):11,586
3. CIP: 17,027
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
1.PSP (linked): £11.435
2. PSP (unapproved): £11.3971
3. CIP: £11.3971
1.PSP (linked): 439
2. PSP (unapproved):11,586
3. CIP: 17,027
Total 29,052
1. PSP (linked): £5,019.97
2. PSP (unapproved): £132,046.80
3. CIP:
£194,058.42
Total £331,125.19
e)
Date of the transaction
14 September 2020
f)
Place of the transaction
n/a
1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Fiona Williams
2
Reason for the notification
a)
Position/Status
PCA of Chief Financial Officer
b)
Initial notification/Amendment
Initial Notification
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 10 pence each
ISIN: GB0007739609
b)
Nature of the transaction
Transfer of shares following exercise of nil-cost options over ordinary shares of 10 pence each granted under the Company's Performance Share Plan and Co-Investment Plan by Chief Financial Officer.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
n/a
32,533
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
n/a
32,533
n/a
e)
Date of the transaction
14 September 2020
f)
Place of the transaction
n/a
1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Nick Roberts Alan Williams Robin Miller2
Reason for the notification
a)
Position/Status
Chief Executive Officer / PDMR Chief Financial Officer / PDMR General Counsel & Company Secretary / PDMRb)
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 10 pence each
ISIN: GB0007739609
b)
Nature of the transaction
In each case, the grant of nil-cost options over ordinary shares of 10 pence each granted under the Company's Deferred Share Bonus Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
Option price:NIL
15,886 21,434 8,297
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
n/a
n/a
n/a
e)
Date of the transaction
14 September 2020
f)
Place of the transaction
n/a
1
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Nick Roberts Alan Williams Robin Miller2
Reason for the notification
a)
Position/Status
Chief Executive Officer / PDMR Chief Financial Officer / PDMR General Counsel & Company Secretary / PDMRb)
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 10 pence each
ISIN: GB0007739609
b)
Nature of the transaction
In each case, the grant of nil-cost options over ordinary shares of 10 pence each granted under the Company's Performance Share Plan.
c)
Price(s) and volume (s)
Price(s)
Volume(s)
Option price: NIL
83,467 67,903 24,967
d)
Aggregated information
-Aggregated volume
-Price
Aggregate
Price
Aggregate
Volume
Aggregate
Total
n/a
n/a
n/a
e)
Date of the transaction
14 September 2020
f)
Place of the transaction
n/a
ISIN: GB0007739609 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 Sequence No.: 84288 EQS News ID: 1132599
End of Announcement EQS News Service