Grainger plc
("Grainger" or the "Company")
Grant of Options under the Employee Save As You Earn Scheme and PDMR Dealings
Following new invitations to participate in the Company's established SAYE Scheme, which is approved by H.M. Revenue and Customs (the "SAYE Scheme"), the Company provides the following update.
Pursuant to the SAYE Scheme, certain employees have elected to participate, resulting in options over a total of 335,556 ordinary shares of 5 pence each in the Company ("SAYE Options") being granted on 8 July 2025 at a price of 173 pence per share, being calculated in accordance with the rules of the SAYE Scheme.
The following persons discharging management responsibility ("PDMRs") have elected to participate in the SAYE Scheme and their SAYE Options are included in the total figures above.
|
Name |
Position |
Number of SAYE Options
|
|
Robert Hudson |
Chief Financial Officer/Director
|
10,606 |
|
Michael Keaveney |
Director of Land and Development / PDMR
|
10,606 |
|
Eliza Pattinson |
Director of Operations and Asset Management / PDMR
|
2,121 |
Subject to the rules of the SAYE Scheme, the SAYE Options are exercisable between September 2028 and February 2029. The exercise of the SAYE Options is not dependent upon the satisfaction of performance criteria and participants who choose to exercise their entitlements pursuant to the rules of the SAYE Scheme will meet the obligation to pay for the exercise of the SAYE Options out of funds they have paid into the SAYE Scheme prior to such exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE Scheme, recovering paid-in funds, prior to that time.
The notifications below, made in accordance with Article 19 of the UK 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 |
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|
a)
|
Names |
Robert Hudson |
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|
2
|
Reason for the notification |
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|
a)
|
Position/status
|
Chief Financial Officer/Director |
|||||
|
b)
|
Initial notification
|
Initial Notification |
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|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a)
|
Name
|
Grainger plc |
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|
b)
|
LEI |
2138007CEIRKZMNI2979 |
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|
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 |
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|
b) |
Identification code
|
GB00B04V1276 |
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|
c)
|
Nature of the transaction
|
Grant of options under the Grainger plc Save As You Earn Scheme |
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|
d)
|
Price and volumes |
|
|||||
|
d)
|
Aggregated information - Aggregated volume - Price |
|
|||||
|
e)
|
Date of the transaction |
8 July 2025 |
|||||
|
f) |
Place of the transaction |
Outside a trading venue
|
|||||
|
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
|
Grant of options under the Grainger plc Save As You Earn Scheme |
|||||
|
d)
|
Price and volumes |
|
|||||
|
d)
|
Aggregated information - Aggregated volume - Price |
|
|||||
|
e)
|
Date of the transaction |
8 July 2025 |
|||||
|
f) |
Place of the transaction |
Outside a trading venue
|
|||||
|
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
|
Grant of options under the Grainger plc Save As You Earn Scheme |
|||||
|
d)
|
Price and volumes |
|
|||||
|
d)
|
Aggregated information - Aggregated volume - Price |
|
|||||
|
e)
|
Date of the transaction |
8 July 2025 |
|||||
|
f) |
Place of the transaction |
Outside a trading venue
|
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Name of authorised official of issuer responsible for making notification: Sapna B FitzGerald, Group General Counsel and Company Secretary
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