Travis Perkins PLC Travis Perkins Plc : Director/Pdmr Shareholding
17 March 2017 - 3:28AM
UK Regulatory
TIDMTPK
The Company announces that, on 15 March 2017, the following awards in
respect of ordinary shares of 10p each in the Company ("shares") were
made by way of nil cost option in the form of an Unapproved Option under
the Performance Share Plan to the PDMRs as set out below.
Number
Name Status of Options
Andrew Harrison PDMR 15,000
Paul Tallentire PDMR 15,000
Frank Elkins PDMR 15,000
The options over these shares will vest in three equal tranches on 15
March 2020, 15 March 2021 and 15 March 2022, subject to the satisfaction
of continued employment conditions.
The Company also announces that, on 15 March 2017, the following awards
in respect of ordinary shares of 10p each in the Company ("shares") were
made under the Subsidiary Long Term Incentive Plan as set out below.
The number of shares subject to the options awarded has been calculated
using the average market price over the 5 dealing days prior to the
award of GBP14.88.
Number
Name Status of Options
Simon King PDMR 18,481
40% of these options will be exercisable on the 15 March 2018, 20% of
the options will be exercisable on 15 March 2019 and the remaining
options will be exercisable from 15 March 2020, subject to continued
employment.
For further information please contact:
Helen O'Keefe
Deputy Company Secretary
+44 (0)1604 685910
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Travis Perkins PLC via Globenewswire
http://www.travisperkinsplc.co.uk/
(END) Dow Jones Newswires
March 16, 2017 12:28 ET (16:28 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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