Director/PDMR Shareholding
Source: RNSGalliford Try plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation.
Galliford Try plc (the "Company") notifies that the following conditional awards, previously granted under the Galliford Try plc 2016 Long Term Incentive Plan ("LTIP"), over ordinary shares of 50 pence in the Company were released on 1 October 2019 to the persons discharging managerial responsibilities ("PDMR") detailed below:
|
PDMR |
No. of ordinary shares under the award |
Date of grant of the award |
|
K Corbett |
3,263 |
16 November 2016 |
|
A Hammond |
3,666 |
16 November 2016 |
|
B Hocking |
4,619 |
16 November 2016 |
|
S Teagle |
3,915 |
16 November 2016 |
The conditional LTIP award granted to Graham Prothero on 16 November 2016 will vest on the third anniversary of grant on 16 November 2019.
On 1 October 2019, the following PDMRs' ordinary shares were sold at £6.695 per share to meet tax withholding liabilities associated with the vesting of the aforementioned awards:
|
PDMR |
No. of ordinary shares sold |
|
K Corbett |
1,534 |
|
A Hammond |
1,724 |
|
B Hocking |
2,171 |
|
S Teagle |
1,841 |
The information below (set out in accordance with the requirements of the EU Market Abuse Regulation) provides further detail:
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Kevin Corbett |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
General Counsel and Company Secretary / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan in accordance with the Plan rules. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Andrew Hammond |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive, Linden Homes / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan in accordance with the Plan rules. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Bill Hocking |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive, Construction & Investments / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan in accordance with the Plan rules. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Stephen Teagle |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive, Partnerships and Regeneration / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan in accordance with the Plan rules. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Kevin Corbett |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
General Counsel and Company Secretary / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Shares sold to meet the tax withholding liabilities arising from the vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Andrew Hammond |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive, Linden Homes / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Shares sold to meet the tax withholding liabilities arising from the vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Bill Hocking |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive, Construction & Investments / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Shares sold to meet the tax withholding liabilities arising from the vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Stephen Teagle |
||||
|
2 |
Reason for Notification |
|||||
|
a) |
Position/status |
Chief Executive, Partnerships and Regeneration / PDMR |
||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Galliford Try plc |
||||
|
b) |
LEI |
213800OOHUV3HHP46A02 |
||||
|
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 Identification code |
Ordinary Shares of 50 pence each in Galliford Try plc GB00B3Y2J508 |
||||
|
b) |
Nature of the transaction |
Shares sold to meet the tax withholding liabilities arising from the vesting of conditional awards granted under the Galliford Try plc 2016 Long Term Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable - single transaction |
||||
|
e) |
Date of the transaction |
1 October 2019 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
For further enquiries:
|
Galliford Try plc |
Kevin Corbett, Company Secretary |
01895 855001 |
|
|
|
|
|
|
Clara Melia, Investor Relations |
07748 171 236 |
|
|
|
|
|
Tulchan Communications |
James Macey White |
0207 353 4200 |
|
|
Martin Pengelley |
|
|
|
Matt Low |
|
Notes to Editors
Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners. Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2019, the Group generated revenue of £2.8 billion.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
