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Ferguson PLC Announces Director/PDMR Shareholding

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On May 17, 2021, Ferguson PLC disclosed multiple transactions by Persons Discharging Managerial Responsibilities (PDMRs) regarding the purchase of ordinary shares. Group Chief Financial Officer William Brundage and several other executives acquired shares under independent dividend reinvestment arrangements related to the interim and special dividends for the year ending July 31, 2021. The transactions occurred on both the London Stock Exchange and New York Stock Exchange, with prices for the shares ranging from £92.70 to $130.58.

Positive
  • PDMRs actively purchased shares, indicating confidence in the company's future.
  • Shares were acquired under independent dividend reinvestment arrangements, reflecting strong dividend performance.
Negative
  • None.

WOKINGHAM, UK / ACCESSWIRE / May 17, 2021 / 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.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

William Brundage

2

Reason for the notification

a)

Position/status

Group 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 instrument, type of instrument

Identification code

Ordinary Shares of 10p each

ISIN: JE00BJVNSS43

b)

Nature of the transaction

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£92.7000

247

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£22,896.90

e)

Date of the transaction

2021-05-12; 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

William Brundage

2

Reason for the notification

a)

Position/status

Group 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 instrument, type of instrument

Identification code

Ordinary Shares of 10p each

ISIN: JE00BJVNSS43

b)

Nature of the transaction

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.

$130.5840

4.9908

2.

$129.4215

12.4337

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

17.4245

$2,260.91

e)

Date of the transaction

1. 2021-05-12; UTC time

2. 2021-05-13; UTC time

f)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Brooks

2

Reason for the notification

a)

Position/status

Chief Marketing Officer, USA

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.

$130.5840

3.3607

2.

$129.4215

8.3726

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

11.7333

$1,522.45

e)

Date of the transaction

1. 2021-05-12; UTC time

2. 2021-05-13; UTC time

f)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Devine

2

Reason for the notification

a)

Position/status

Senior Vice President of Sales

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£92.7000

128

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£11,865.60

e)

Date of the transaction

2021-05-12; 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

Andrew Devine

2

Reason for the notification

a)

Position/status

Senior Vice President of Sales

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.

$130.5840

7.1401

2.

$129.4215

17.7883

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

24.9284

$3,234.57

e)

Date of the transaction

1. 2021-05-12; UTC time

2. 2021-05-13; UTC time

f)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alex Hutcherson

2

Reason for the notification

a)

Position/status

Chief Operating Officer, USA

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.

$130.5840

8.1171

2.

$129.4215

20.2222

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

28.3393

$3,677.15

e)

Date of the transaction

1. 2021-05-12; UTC time

2. 2021-05-13; UTC time

f)

Place of the transaction

New York Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jake Schlicher

2

Reason for the notification

a)

Position/status

Senior Vice President, Strategic Brand Development

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£92.7000

64

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£5,932.80

e)

Date of the transaction

2021-05-12; 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

William Thees

2

Reason for the notification

a)

Position/status

Senior Vice President, Business and National Accounts

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£92.7000

169

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£15,666.30

e)

Date of the transaction

2021-05-12; 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

William Thees

2

Reason for the notification

a)

Position/status

Senior Vice President, Business and National Accounts

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

Purchase of Ordinary Shares pursuant to independent dividend reinvestment arrangements in respect of the interim dividend and special dividend for the year ending 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.

$130.5840

6.2134

2.

$129.4215

15.4796

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

21.6930

$2,814.76

e)

Date of the transaction

1. 2021-05-12; UTC time

2. 2021-05-13; UTC time

f)

Place of the transaction

New York Stock Exchange

Enquiries:

Graham Middlemiss, Group Company Secretary
(+44 (0) 118 927 3800)

May 17, 2021

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/647690/Ferguson-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What significant transactions were announced by Ferguson PLC on May 17, 2021?

Ferguson PLC announced that several Persons Discharging Managerial Responsibilities (PDMRs) purchased ordinary shares as part of dividend reinvestment arrangements.

Which executives from Ferguson PLC participated in the share purchases?

Executives including William Brundage, Michael Brooks, Andrew Devine, Alex Hutcherson, and others participated in the share purchases.

What was the price range for shares purchased by Ferguson PLC executives?

The price range for shares purchased by executives was between £92.70 and $130.58.

Under what conditions did Ferguson PLC executives purchase shares?

Executives purchased shares under independent dividend reinvestment arrangements associated with the interim and special dividends.

Where were the transactions conducted for Ferguson PLC shares?

The transactions were conducted on both the London Stock Exchange and New York Stock Exchange.

Ferguson Enterprises Inc.

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