Persimmon PLC Director/PDMR Shareholding
19 Juin 2024 - 3:48PM
RNS Regulatory News
RNS Number : 1023T
Persimmon PLC
19 June 2024
19 June 2024
Persimmon Plc (the
"Company")
Director/PDMR
Shareholding
Andrew Duxbury commenced his role as
Chief Financial Officer of the Company on 17 June 2024.
On 18 June 2024, Andrew's wife
Rachel Duxbury purchased 3,462 shares in the Company at a price of
£14.295 per share.
Furthermore, as reported in the
Company's Directors' Remuneration Report for the year ended 31
December 2023, in line with usual practice the Remuneration
Committee agreed that in recognition of Andrew's forfeiture of
remuneration on leaving his former employer, he would be granted
buy-out awards. These have been made on the basis that any
compensation due should not result in an outcome where Andrew
receives more than would have been due had he remained in post at
Galliford Try. Information in relation to the principles
applied in agreeing the buy-out awards is included in that
Directors' Remuneration Report. Details of the buy-out awards
granted in shares on 18 June 2024 are summarised below.
|
Forfeited remuneration
|
Number of Persimmon shares subject to the buy-out
award
|
Vesting date of buy-out award
|
|
2021 Deferred Bonus
|
12,353
|
23 September 2024
|
|
2022 Deferred Bonus
|
13,909
|
28 September 2025
|
|
2023 Deferred Bonus
|
3,998
|
27 September 2026
|
|
2021 LTIP
|
55,295
|
23 September 2024 (followed by a two
year holding period)*
|
|
2022 LTIP
|
42,111
|
23 September 2025 (followed by a two
year holding period)*
|
|
2023 LTIP
|
14,743
|
March 2026 (followed by a two and a
half year holding period)**
|
*The vesting of these awards is
subject to the satisfaction of the performance conditions applying
to the forfeited awards.
**The vesting of this award is
subject to the satisfaction of the performance conditions applying
to the Persimmon Plc PSP award granted in 2023, details of which
are included in the Company's Directors' Remuneration Report for
the year ended 31 December 2023.
In addition, on 18 June 2024 an
award was granted to Andrew over 73,376 shares, under the Persimmon
Plc 2017 Performance Share Plan. The three year performance
period will run from 1 January 2024 to 31 December 2026 and there
is a further two year holding period before the shares can be
released. The award is subject to the same performance
conditions as apply to the PSP award granted to Dean Finch on 25
March 2024 and details of which are included in the Company's 2023
Directors' Remuneration Report.
The below notification, made in
accordance with the requirements of article 19.3 of the UK Market
Abuse Regulation, gives further details:
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Rachel Duxbury
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Closely associated person of Andrew
Duxbury, Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Persimmon Plc
|
|
b)
|
LEI
|
213800XI72Y57UWN6F31
|
|
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
|
Ordinary shares of 10p
each
|
|
|
|
|
Identification code
|
GB0006825383
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
£14.295
|
3,462
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A Single transaction
|
|
|
|
|
- Price
|
N/A Single transaction
|
|
|
|
|
e)
|
Date of the transaction
|
18/06/2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON), Main
Market
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Andrew Duxbury
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Persimmon Plc
|
|
b)
|
LEI
|
213800XI72Y57UWN6F31
|
|
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
|
Ordinary shares of 10p
each
|
|
|
|
|
Identification code
|
GB0006825383
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of award made under the 2017
Performance Share Plan subject to performance criteria
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
Nil
|
73,376
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A Single transaction
|
|
|
|
|
- Price
|
N/A Single transaction
|
|
|
|
|
e)
|
Date of the transaction
|
18/06/2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Andrew Duxbury
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
|
3
|
Details of the issuer
|
|
a)
|
Name
|
Persimmon Plc
|
|
b)
|
LEI code
|
213800XI72Y57UWN6F31
|
|
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
|
Ordinary shares of 10p
each
|
|
|
Identification code
|
GB0006825383
|
|
b)
|
Nature of the transaction
|
Grant of awards over Persimmon
shares in respect of remuneration forfeited on leaving previous
employer.
|
|
c)
|
Price(s) and volume(s)
|
|
Award
|
Price
|
Volume
|
|
Award granted in respect of 2021
deferred bonus
|
Nil
|
12,353
|
|
Award granted in respect of 2022
deferred bonus
|
Nil
|
13,909
|
|
Award granted in respect of 2023
deferred bonus
|
Nil
|
3,998
|
|
Award granted in respect of 2021
LTIP
|
Nil
|
55,295
|
|
Award granted in respect of 2022
LTIP
|
Nil
|
42,111
|
|
Award granted in respect of 2023
LTIP
|
Nil
|
14,743
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
142,409
Nil
|
|
e)
|
Date of the transaction
|
18 June 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
Tracy Davison
Company Secretary
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END
DSHEADKNFLXLEFA
Persimmon (LSE:PSN)
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De Oct 2024 à Nov 2024
Persimmon (LSE:PSN)
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De Nov 2023 à Nov 2024
