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Company Announcements

Grainger PLC

Director/PDMR Shareholding

Source: RNS
RNS Number : 4008L
Grainger PLC
07 November 2024
 

Grainger plc

("Grainger" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with DTR 3, the Company was notified on 5 November 2024 that the following transactions, which relate to Grainger's Directors and PDMRS, took place in relation to the Company's share incentive plan (SIP) on 4 November 2024.

 

The SIP is an all-employee trust arrangement approved by HMRC, under which employees are able to buy ordinary shares in Grainger of 5p each, using deductions from their salary in each monthly pay period (partnership shares), and receive allocations of matching free ordinary shares (matching shares).

 

The SIP Trustees (Link Market Services Trustees Ltd) acquired a total of 4,297 partnership shares on 4 November 2024 at a price of £2.31 per ordinary share and total cost of £10,299.48. The partnership shares were acquired by purchase in the market and allocated to employees participating in the SIP, including the Directors and PDMRs detailed below.

 

On 4 November 2024, the SIP Trustees also allocated a total of 3,678 matching shares. The number of matching shares granted by the SIP Trustees to the Directors and PDMRs at nil cost is also set out in the table below.

 

Director/PDMR details

Number of partnership shares

Number of matching shares

Helen Gordon, CEO

65

65

Rob Hudson, CFO

65

65

Eliza Pattinson, Director of Operations and Asset Management

65

65

Michael Keaveney, Director of Land and Development

65

65

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 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

 

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 instrument, type of instrument

 

Ordinary Shares of 5p each in Grainger plc

b)

Identification code 

 

GB00B04V1276

c)

 

Nature of the transaction 

 

Purchase and allocation of partnership and matching shares (no consideration), respectively, under the Grainger plc Share Incentive Plan  

d)

 

 

Price and volumes

Price(s)

Volume(s)

£2.31

65

Nil

65

d)

 

Aggregated information 

- Aggregated volume

- Price

 

Price

Aggregate Volume

£1.15

130

e)

 

Date of the transaction 

 4 November 2024

f)

Place of the transaction

 London Stock Exchange

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Rob Hudson

2

 

Reason for the notification

a)

 

Position/status

 

Chief Financial Officer/Director

b)

 

Initial notification

 

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 instrument, type of instrument

 

Ordinary Shares of 5p each in Grainger plc

b)

Identification code 

 

GB00B04V1276

c)

 

Nature of the transaction 

 

Purchase and allocation of partnership and matching shares (no consideration), respectively, under the Grainger plc Share Incentive Plan.

d)

 

 

Price and volumes

Price(s)

Volume(s)

£2.31

65

Nil

65

d)

 

Aggregated information 

- Aggregated volume

- Price

 

Price

Aggregate Volume

£1.15

130

e)

 

Date of the transaction 

 4 November 2024

f)

Place of the transaction

 London Stock Exchange

 

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Michael Keaveney

2

 

Reason for the notification

a)

 

Position/status

 

Director of Land and Development /PDMR

b)

 

Initial notification

 

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 instrument, type of instrument

Ordinary Shares of 5p each in Grainger plc

b)

Identification code 

 

GB00B04V1276

c)

 

Nature of the transaction 

 

Purchase and allocation of partnership and matching shares (no consideration), respectively, under the Grainger plc Share Incentive Plan.

d)

 

Price and volumes

Price(s)

Volume(s)

£2.31

65

Nil

65

d)

 

Aggregated information 

- Aggregated volume

- Price

 

Price

Aggregate Volume

£1.15

130

e)

 

Date of the transaction 

 4 November 2024

f)

Place of the transaction

 London Stock Exchange

 

 

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

Eliza Pattinson

2

 

Reason for the notification

a)

 

Position/status

 

Director of Operations and Asset Management/PDMR

b)

 

Initial notification

 

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 instrument, type of instrument

Ordinary Shares of 5p each in Grainger plc

b)

Identification code 

 

GB00B04V1276

c)

 

Nature of the transaction 

Purchase and allocation of partnership and matching shares (no consideration), respectively, under the Grainger plc Share Incentive Plan.

d)

 

Price and volumes

Price(s)

Volume(s)

£2.31

65

Nil

65

d)

 

Aggregated information 

- Aggregated volume

- Price

 

Price

Aggregate Volume

£1.15

130

e)

 

Date of the transaction 

 4 November 2024

f)

Place of the transaction

 London Stock Exchange

 

 

Name of authorised official of issuer responsible for making notification: Sapna B FitzGerald, Group General Counsel and Company Secretary

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