TIDMPSN

RNS Number : 4471J

Persimmon PLC

29 March 2018

29 March 2018

Persimmon Plc (the "Company")

Director/PDMR Shareholding-

2017 Bonus Share Scheme Awards

The Company made 2017 Bonus Share Scheme awards to the Executive Directors under the Company's Bonus Share Scheme for the year ended 31 December 2017 on 29 March 2018. The awards are for the deferred element of annual bonus and half will vest on the announcement of the Company's 2018 results and half on the announcement of the Company's 2019 results.

The below notification, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, gives further details of the bonus share awards.

As previously announced, given the continued very strong performance and financial position of the Group, having completed its annual review of the availability of surplus capital, the Board concluded to increase the Capital Return Plan to shareholders. An interim dividend of 125p per share has been paid to shareholders today as an additional return of surplus capital. A final dividend of 110p per share will be paid to shareholders on 2 July 2018, subject to approval by shareholders at our AGM on 25 April 2018.

The total value of the Capital Return Plan was increased to GBP13.00 per share to 2021, more than double the GBP6.20 per share original commitment made by the Board in 2012.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------- 
 a)    Name                           Jeff Fairburn 
----  -----------------------------  ------------------------------------------ 
 2     Reason for the notification 
----  ------------------------------------------------------------------------- 
 a)    Position/status                           Group Chief Executive 
----  -----------------------------  ------------------------------------------ 
 b)    Initial notification           Initial notification 
        /Amendment 
----  -----------------------------  ------------------------------------------ 
 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 
----  ------------------------------------------------------------------------- 
       Transaction 1 
---- 
 a)    Description of                 Ordinary shares of 10p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                 GB0006825383 
        code 
 
 b)    Nature of the                  Nil cost share awards made 
        transaction                    under the Persimmon Plc 
                                       Bonus Share Scheme which 
                                       will vest half on the announcement 
                                       of the Company's 2018 results 
                                       and half on the announcement 
                                       of the Company's 2019 results. 
----  -----------------------------  ------------------------------------------ 
 c)    Price(s) and 
        volume(s) 
----                                  -------------------  ------------------ 
                                       Price(s)             Volume(s) 
----                                  -------------------  ------------------ 
    Nil                                                     23,840 
   ------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
---- 
 
  - Aggregated                   N/a single transaction 
   volume 
 
  - Price                        N/a single transaction 
 
 e)    Date of the transaction        29/03/2018 
----  -----------------------------  ------------------------------------------ 
 f)    Place of the                   Outside of a main market 
        transaction 
----  -----------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------- 
 a)    Name                           Dave Jenkinson 
----  -----------------------------  ------------------------------------------ 
 2     Reason for the notification 
----  ------------------------------------------------------------------------- 
 a)    Position/status                           Group Managing Director 
----  -----------------------------  ------------------------------------------ 
 b)    Initial notification           Initial notification 
        /Amendment 
----  -----------------------------  ------------------------------------------ 
 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 
----  ------------------------------------------------------------------------- 
       Transaction 1 
---- 
 a)    Description of                 Ordinary shares of 10p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                 GB0006825383 
        code 
 
 b)    Nature of the                  Nil cost share awards made 
        transaction                    under the Persimmon Plc 
                                       Bonus Share Scheme which 
                                       will vest half on the announcement 
                                       of the Company's 2018 results 
                                       and half on the announcement 
                                       of the Company's 2019 results. 
----  -----------------------------  ------------------------------------------ 
 c)    Price(s) and 
        volume(s) 
----                                  -------------------  ------------------ 
                                       Price(s)             Volume(s) 
----                                  -------------------  ------------------ 
    Nil                                                     8,666 
   ------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
---- 
 
  - Aggregated                   N/a single transaction 
   volume 
 
  - Price                        N/a single transaction 
 
 e)    Date of the transaction        29/03/2018 
----  -----------------------------  ------------------------------------------ 
 f)    Place of the                   Outside of a main market 
        transaction 
----  -----------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------- 
 a)    Name                           Mike Killoran 
----  -----------------------------  ------------------------------------------ 
 2     Reason for the notification 
----  ------------------------------------------------------------------------- 
 a)    Position/status                           Group Finance Director 
----  -----------------------------  ------------------------------------------ 
 b)    Initial notification           Initial notification 
        /Amendment 
----  -----------------------------  ------------------------------------------ 
 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 
----  ------------------------------------------------------------------------- 
       Transaction 1 
---- 
 a)    Description of                 Ordinary shares of 10p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                 GB0006825383 
        code 
 
 b)    Nature of the                  Nil cost share awards made 
        transaction                    under the Persimmon Plc 
                                       Bonus Share Scheme which 
                                       will vest half on the announcement 
                                       of the Company's 2018 results 
                                       and half on the announcement 
                                       of the Company's 2019 results. 
----  -----------------------------  ------------------------------------------ 
 c)    Price(s) and 
        volume(s) 
----                                  -------------------  ------------------ 
                                       Price(s)             Volume(s) 
----                                  -------------------  ------------------ 
    Nil                                                     8,611 
   ------------------------------------------------------  ------------------ 
 
 d)    Aggregated information 
---- 
 
  - Aggregated                   N/a single transaction 
   volume 
 
  - Price                        N/a single transaction 
 
 e)    Date of the transaction        29/03/2018 
----  -----------------------------  ------------------------------------------ 
 f)    Place of the                   Outside of a main market 
        transaction 
----  -----------------------------  ------------------------------------------ 
 

Tracy Davison

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEAADNADEPEFF

(END) Dow Jones Newswires

March 29, 2018 08:32 ET (12:32 GMT)

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