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Ferguson PLC Announces Director/PDMR Shareholding

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The press release highlights transactions by Ferguson's managerial personnel involving ordinary shares under dividend reinvestment plans. Key points include:

  • William Brundage, Group CFO, purchased shares at $114.27 for a total of $773.26.
  • Jake Schlicher, Senior VP, purchased shares at £90.99 for a total of £3,002.93.
  • William Thees, Senior VP, made two purchases: one at £90.99 for £8,098.82 and another at $114.27 for $962.68.

This information complies with EU Market Abuse Regulation requirements.

Positive
  • Management demonstrating confidence through share purchases.
  • Utilization of dividend reinvestment plans indicates a commitment to shareholder returns.
Negative
  • None.

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

WOKINGHAM, UK / ACCESSWIRE / May 12, 2022 / 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 for the year ending July 31, 2022.

c)

Price(s) and volume(s)

Price(s) Volume(s)

$114.2657 6.7672

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

$773.26

e)

Date of the transaction

2022-05-10; 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 interim dividend for the year ending July 31, 2022.

c)

Price(s) and volume(s)

Price(s) Volume(s)

£90.9980 33

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£3,002.93

e)

Date of the transaction

2022-05-10; 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 interim dividend for the year ending July 31, 2022.

c)

Price(s) and volume(s)

Price(s) Volume(s)

£90.9980 89

GBP - British Pound

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

£8,098.82

e)

Date of the transaction

2022-05-10; 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 interim dividend for the year ending July 31, 2022.

c)

Price(s) and volume(s)

Price(s) Volume(s)

$114.2657 8.4249

USD - United States Dollar

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

$962.68

e)

Date of the transaction

2022-05-10; UTC time

f)

Place of the transaction

New York Stock Exchange

Enquiries:

Graham Middlemiss, Group Company Secretary

Tel: +44 (0) 118 927 3800

May 12, 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/701052/Ferguson-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What recent transactions were reported for Ferguson PLC (FERG)?

Ferguson PLC reported share purchases by key executives, including Group CFO William Brundage and Senior VPs Jake Schlicher and William Thees.

What was the share purchase price for Ferguson PLC executives?

William Brundage purchased shares at $114.27, while Jake Schlicher and William Thees bought shares at £90.99.

When did these share purchases occur for Ferguson PLC (FERG)?

The share purchases for Ferguson PLC occurred on May 10, 2022.

What is the significance of these transactions for Ferguson PLC (FERG)?

These transactions indicate management's confidence in the company's future and their commitment to shareholder value.

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