Ferguson plc (“Company”): Director/PDMR Shareholding

Rhea-AI Summary

Ferguson plc grants restricted stock units to Non-Employee Directors under the Ferguson Non-Employee Director Incentive Plan 2022

Positive

• Ferguson plc granted restricted stock units to nine Non-Employee Directors as part of the Ferguson Non-Employee Director Incentive Plan 2022. The awards were made in ordinary shares of 10p each. The awards have no performance conditions and will vest on October 12, 2024, subject to continued service to the Company.

Negative

• None.

WOKINGHAM, England--(BUSINESS WIRE)-- NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN ORDINARY SHARES OF 10p EACH IN THE COMPANY (“Shares”)

On October 12, 2023 the Company granted the following awards to Non-Employee Directors under the Ferguson Non-Employee Director Incentive Plan 2022.

Awards were made to nine Non-Employee Directors as set out in the table below:

Non-Employee Director		Award
Geoff Drabble		675
Kelly Baker		707
Catherine Halligan		707
Brian May		675
James Metcalf		707
Alan Murray		707
Thomas Schmitt		707
Nadia Shouraboura		707
Suzanne Wood		707

The awards were granted as restricted stock units. No consideration is payable at allocation or on vesting. The awards have no performance conditions and will normally vest, only subject to continued service to the Company, on October 12, 2024.

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	Geoff Drabble
2	Reason for the notification
a)	Position/status	Chairman
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 675   GBP – British Pound
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   £0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kelly Baker
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollar
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Catherine Halligan
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollars
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Brian May
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 675   GBP – British Pound
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   £0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Metcalf
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollars
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alan Murray
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollars
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Schmitt
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollars
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nadia Shouraboura
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollars
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Suzanne Wood
2	Reason for the notification
a)	Position/status	Non-Employee Director
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	The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)	Price(s) and volume(s)	Price(s) Volume(s) $0.00 707   USD – US Dollars
d)	Aggregated information   - Aggregated volume   - Price	Not applicable   $0.00
e)	Date of the transaction	2023-10-12; UTC time
f)	Place of the transaction	Outside a Trading Venue

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231017630286/en/

Enquiries:

Kate McCormick, Company Secretary

Tel: +44 (0) 118 927 3827

Source: Ferguson plc

FAQ

Who received the restricted stock units?

Geoff Drabble, Kelly Baker, Catherine Halligan, Brian May, James Metcalf, Alan Murray, Thomas Schmitt, Nadia Shouraboura, and Suzanne Wood received the restricted stock units.

What is the nature of the transaction?

The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022.

When will the restricted stock units vest?

The restricted stock units will vest on October 12, 2024, subject to continued service to the Company.

Are there any performance conditions for the awards?

No, the awards have no performance conditions.

What is the price and volume of the restricted stock units?

The price of the restricted stock units is £0.00 for Geoff Drabble and Brian May, and $0.00 for Kelly Baker, Catherine Halligan, James Metcalf, Alan Murray, Thomas Schmitt, Nadia Shouraboura, and Suzanne Wood. The volume is 675 shares for Geoff Drabble and Brian May, and 707 shares for the rest.

What is the identification code of the financial instrument?

The identification code of the ordinary shares is ISIN: JE00BJVNSS43.