Ferguson PLC Announces Director/PDMR Shareholding

Rhea-AI Summary

Ferguson plc reported transactions by its executive leadership involving the purchase of ordinary shares as part of a dividend reinvestment plan for the first quarter of the fiscal year ending July 31, 2023. On February 6, 2023, several key executives, including CEO Kevin Murphy and CFO William Brundage, acquired shares priced at $144.1928 each on the New York Stock Exchange. The total shares purchased by executives amounted to approximately $1,718.63. This activity reflects confidence from company leadership in Ferguson's prospects and the ongoing dividend strategy.

Positive

• Company executives, including CEO and CFO, purchased shares, signaling confidence in Ferguson's future.
• The share purchases are part of a planned dividend reinvestment strategy, indicating ongoing commitment to returning value to shareholders.

Negative

• None.

Ferguson plc ("Company")

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares")

WOKINGHAM, UK / ACCESSWIRE / February 10, 2023 / 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 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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) $144.1928 0.3959 USD - United States Dollar
d)	Aggregated information - Aggregated volume - Price	Not applicable $57.0859
e)	Date of the transaction	2023-02-06; UTC time
f)	Place of the transaction	New York Stock Exchange

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 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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) $144.1928 5.2910 USD - United States Dollar
d)	Aggregated information - Aggregated volume - Price	Not applicable $762.9241
e)	Date of the transaction	2023-02-06; UTC time
f)	Place of the transaction	New York Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian Graham
2	Reason for the notification
a)	Position/status	Chief Legal 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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) $144.1928 0.3959 USD - United States Dollar
d)	Aggregated information - Aggregated volume - Price	Not applicable $57.0859
e)	Date of the transaction	2023-02-06; 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 Jacobs
2	Reason for the notification
a)	Position/status	Senior Vice President
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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) $144.1928 0.3959 USD - United States Dollar
d)	Aggregated information - Aggregated volume - Price	Not applicable $57.0859
e)	Date of the transaction	2023-02-06; 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
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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) £120.7300 34 GBP - British Pound
d)	Aggregated information - Aggregated volume - Price	Not applicable £4,104.8200
e)	Date of the transaction	2023-02-06; 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
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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) £120.7300 100 GBP - British Pound
d)	Aggregated information - Aggregated volume - Price	Not applicable £12,073.000
e)	Date of the transaction	2023-02-06; 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
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 first quarter dividend for the fiscal year ended 31 July 2023.
c)	Price(s) and volume(s)	Price(s) Volume(s) $144.1928 6.4902 USD - United States Dollar
d)	Aggregated information - Aggregated volume - Price	Not applicable $935.8401
e)	Date of the transaction	2023-02-06; UTC time
f)	Place of the transaction	New York Stock Exchange

Enquiries:

Kate McCormick, Company Secretary
(+44 (0) 118 927 3827)

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SOURCE: Ferguson PLC

View source version on accesswire.com:
https://www.accesswire.com/738925/Ferguson-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What recent stock transactions occurred at Ferguson (FERG)?

On February 6, 2023, Ferguson executives purchased shares at $144.1928 as part of a dividend reinvestment plan.

Who purchased shares of Ferguson in February 2023?

Ferguson's CEO Kevin Murphy, CFO William Brundage, and other senior executives made share purchases on February 6, 2023.

How much did Ferguson executives spend on shares in February 2023?

Ferguson executives spent approximately $1,718.63 in total on shares purchased on February 6, 2023.

Where were Ferguson's recent stock transactions conducted?

The transactions took place on the New York Stock Exchange and the London Stock Exchange.