Ferguson PLC Announces Director/PDMR Shareholding
Ferguson plc has announced transactions involving Victoria Morrissey, its Chief Marketing Officer, regarding the vesting and disposal of ordinary shares. On April 12, 2022, Morrissey vested 1,345 shares at a price of £0.00, representing conditional shares granted in June 2021 under the Ferguson Group Performance Ordinary Share Plan 2019. Additionally, 600 shares were disposed of at £97.30 each, totaling £58,380. Another transaction involved the vesting of 572 shares, with a subsequent disposal of 255 shares at the same price per share. This notification complies with the EU Market Abuse Regulation.
- Successful vesting of 1,345 shares at £0.00, demonstrating alignment with performance incentives.
- Disposal of shares at £97.30, indicating a strong market valuation and potential investor confidence.
- None.
WOKINGHAM, UK / ACCESSWIRE / April 14, 2022 / NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares")
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.
POSP award
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Victoria Morrissey | |
2 | Reason for the notification | ||
a) | Position/status | Chief Marketing 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 instrument, type of instrument Identification code | Ordinary Shares of 10p each ISIN: JE00BJVNSS43 | |
b) | Nature of the transaction | 1. The vesting of conditional shares granted in June 2021 under the Ferguson Group Performance Ordinary Share Plan 2019 2. The disposal of shares stemming from the vesting of conditional shares granted in June 2021 under the Ferguson Group Performance Ordinary Share Plan 2019 | |
c) | Price(s) and volume(s) | 1. Vesting | |
Price(s) | Volume(s) | ||
£0.00 | 1,345 | ||
2. Disposal | |||
| Price(s) | Volume(s) | ||
| £97.30 | 600 | ||
GBP - British Pound | |||
d) | Aggregated information - Aggregated volume - Price | 1. Vesting | |
| Volume(s) | Price(s) | ||
| Not applicable | £0.00 | ||
| 2. Disposal | |||
| Volume(s) | Price(s) | ||
| Not applicable | £58,380.00 | ||
e) | Date of the transaction | 1. 2022-04-12; UTC time 2. 2022-04-12; UTC time | |
f) | Place of the transaction | 1. Outside a Trading Venue 2. London Stock Exchange, Main Market (XLON) | |
OSP award
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Victoria Morrissey | |
2 | Reason for the notification | ||
a) | Position/status | Chief Marketing 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 instrument, type of instrument Identification code | Ordinary Shares of 10p each ISIN: JE00BJVNSS43 | |
b) | Nature of the transaction | 1. The vesting of conditional shares granted in June 2021 under the Ferguson Group Ordinary Share Plan 2019 2. The disposal of shares stemming from the vesting of conditional shares granted in June 2021 under the Ferguson Group Ordinary Share Plan 2019 | |
c) | Price(s) and volume(s) | 1. Vesting | |
| Price(s) | Volume(s) | ||
| £0.00 | 572 | ||
2. Disposal | |||
| Price(s) | Volume(s) | ||
| £97.30 | 255 | ||
GBP - British Pound | |||
d) | Aggregated information - Aggregated volume - Price | 1. Vesting | |
| Volume(s) | Price(s) | ||
| Not applicable | £0.00 | ||
| 2. Disposal | |||
| Volume(s) | Price(s) | ||
| Not applicable | £24,811.50 | ||
e) | Date of the transaction | 1. 2022-04-12; UTC time 2. 2022-04-12; UTC time | |
f) | Place of the transaction | 1. Outside a Trading Venue 2. London Stock Exchange, Main Market (XLON) | |
Enquiries:
Graham Middlemiss, Group Company Secretary
Tel: +44 (0) 118 927 3800
April 14, 2022
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Ferguson PLC
View source version on accesswire.com:
https://www.accesswire.com/697424/Ferguson-PLC-Announces-DirectorPDMR-Shareholding
FAQ
What transactions did Ferguson plc announce on April 14, 2022?
What was the price of the shares disposed by Victoria Morrissey?
How many shares were vested by Victoria Morrissey?
What was the total value of the shares disposed of by Victoria Morrissey?
What plan were the vested shares granted under?
