Grainger PLC Director/PDMR Shareholding (5208W)
12 December 2023 - 11:46PM
UK Regulatory
TIDMGRI
RNS Number : 5208W
Grainger PLC
12 December 2023
GRAINGER PLC
("GRAINGER" OR THE "COMPANY")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
GRANT OF OPTIONS UNDER THE GRAINGER PLC DEFERRED BONUS SHARE
PLAN
The Company announces that it has made the following grants of
nil cost share options ("Options") over ordinary shares of 5p each
in the capital of the Company ("Shares") pursuant to the Deferred
Bonus Share Plan ("DBSP") on 11 December 2023. The Options have
been granted in respect of the compulsory deferral of 25% of the
2023 annual bonus into Shares for a period of 3 years.
Grant of Options
On 11 December 2023, Grainger granted Options over a total of
154,566 Shares to its Executive Directors and Persons Discharging
Managerial Responsibilities ("PDMRs") of the Company (as specified
in the table below).
Name of Director/ Position No. of shares under
PDMR Option
Chief Executive Officer
Helen Gordon (Director) 70,844
---------------------------------- --------------------
Chief Financial Officer
Rob Hudson (Director) 48,257
---------------------------------- --------------------
Director of Land and Development
Michael Keaveney (PDMR) 17,969
---------------------------------- --------------------
Director of Operations
Eliza Pattinson and Asset Management (PDMR) 17,496
---------------------------------- --------------------
Vesting of the Options is not subject to any performance
conditions and, subject to continued employment with Grainger, the
Options will normally become exercisable after the three-year
vesting period.
The notification below, made in accordance with the requirements
of the UK Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Helen Gordon
2 Reason for the notification
a) Position/status Chief Executive Officer / Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Grainger plc
b) LEI 2138007CEIRKZMNI2979
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 Ordinary Shares of GBP0.05 each
instrument, type of instrument
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred
Bonus Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. GBPnil 1. 70,844
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Rob Hudson
2 Reason for the notification
a) Position/status Chief Financial Officer / Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Grainger plc
b) LEI 2138007CEIRKZMNI2979
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 Ordinary Shares of GBP0.05 each
instrument, type of instrument
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred
Bonus Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. GBPnil 1. 48,257
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Michael Keaveney
2 Reason for the notification
a) Position/status Director of Land and Development / PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Grainger plc
b) LEI 2138007CEIRKZMNI2979
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 Ordinary Shares of GBP0.05 each
instrument, type of instrument
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred
Bonus Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. GBPnil 1. 17,969
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Eliza Pattinson
2 Reason for the notification
a) Position/status Director of Operations and Asset Management / PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Grainger plc
b) LEI 2138007CEIRKZMNI2979
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 Ordinary Shares of GBP0.05 each
instrument, type of instrument
b) Identification code ISIN: GB00B04V1276
c) Nature of the transaction Grant of nil cost Option over Ordinary Shares pursuant to the Deferred
Bonus Share Plan
d) Price(s) and volume(s) Price(s) Volume(s)
1. GBPnil 1. 17,496
e) Aggregated information
- Aggregated volume N/A
- Price
f) Date of the transaction 11 December 2023
g) Place of the transaction Outside a trading venue
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END
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