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Ferguson PLC Announces Director/PDMR Shareholding

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On December 16, 2021, Ferguson announced the transactions relating to purchases of its ordinary shares by its managerial persons as per EU Market Abuse Regulation. Key transactions include:

  • Group CFO William Brundage purchased 799.1242 shares at $166.31, totaling $1,517.52 on December 13.
  • Senior VP Andrew Devine acquired 3,896 shares at £125.03, amounting to £12,003.24.
  • Other executives also made significant purchases, reflecting confidence in the company's financial stability.

These share purchases demonstrate a strong commitment from Ferguson's leadership.

Positive
  • Significant share purchases by senior executives indicate confidence in the company's future.
  • Diverse purchases made across multiple managerial positions suggest strong internal beliefs in company performance.
Negative
  • None.

WOKINGHAM, UK / ACCESSWIRE / December 16, 2021 / Ferguson plc ("Company")

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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$166.3179

9.1242

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

$1,517.52

e)

Date of the transaction

2021-12-13; 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

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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£125.0338

96

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£12,003.24

e)

Date of the transaction

2021-12-13; 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

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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$166.3179

13.0535

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

$2,171.03

e)

Date of the transaction

2021-12-13; 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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$166.3179

14.8396

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

$2,468.09

e)

Date of the transaction

2021-12-13; 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

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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£125.0338

46

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£5,751.55

e)

Date of the transaction

2021-12-13; 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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£125.0338

124

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£15,504.19

e)

Date of the transaction

2021-12-13; 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 final dividend for the year ended 31 July 2021.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$166.3179

11.3593

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

$1,889.25

e)

Date of the transaction

2021-12-13; UTC time

f)

Place of the transaction

New York Stock Exchange

Enquiries:

Graham Middlemiss, Group Company Secretary

(+44 (0) 118 927 3800)

December 16, 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/677985/Ferguson-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What transactions did Ferguson announce on December 16, 2021?

Ferguson announced share purchases by its managerial personnel, including CFO William Brundage and Senior VP Andrew Devine, among others.

Who made share purchases in Ferguson on December 13, 2021?

William Brundage, Andrew Devine, and other senior executives made share purchases as part of dividend reinvestment arrangements.

What was the price of shares purchased by Ferguson's CFO?

Ferguson's CFO bought shares at $166.31 each, totaling $1,517.52 for 799.1242 shares.

How did Ferguson's senior VP Andrew Devine invest in December 2021?

Andrew Devine purchased 3,896 shares at £125.03, amounting to £12,003.24.

What regulatory framework governs the transactions by Ferguson's executives?

The transactions are governed by the EU Market Abuse Regulation as part of UK law.

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