21st Apr 2006 15:50
Taylor Woodrow PLC21 April 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS 1. Name of the issuer Taylor Woodrow plc 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (i) A transaction notified in accordance with DR 3.1.4R(1)(a) 3. Name of person discharging managerial responsibilities/director J. G. (Iain) Napier, Director 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person Transaction in own name 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest Own holding 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares 25p Ordinary Shares of Taylor Woodrow plc 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them Own name 270,701 HSDL Nominees Ltd. (Taylor Woodrow Share Purchase Plan) 1,250 8 State the nature of the transaction 1. Assumption and retention of full ownership rights of 112,046 shares acquiredon 7 April 2003 as qualification shares under the 2002 deferred bonusarrangement. 2. Exercise of a Matching Option to acquire 112,046 matching shares, originallygranted on 7 April 2003 pursuant to the 2002 bonus plan following maturity on 7April 2006. 3. Sale of the resulting 112,046 matching shares. 9. Number of shares, debentures or financial instruments relating to sharesacquired 112,046 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.0194 (Percentage is calculated relative to shares in issue less treasury shares ondate of purchase which was 577,097,289 shares) 11. Number of shares, debentures or financial instruments relating to sharesdisposed 112,046 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.0194 (Percentage is calculated relative to shares in issue less treasury shares ondate of sale which was 577,097,289 shares) 13. Price per share or value of transaction Acquisition Nil Sale 374.3753p 14. Date and place of transaction 21 April 2006 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 271,951 0.047% (Percentage is calculated relative to shares in issue less treasury shares ondate of transactions which was 577,097,289 shares) 16. Date issuer informed of transaction 21 April 2006 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved (class and number) N/A 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise N/A 22. Total number of shares or debentures over which options held followingnotification N/A 23. Any additional information None 24. Name of contact and telephone number for queries M A Lonnon 0121 600 8542 Name and signature of duly authorised officer of issuer responsible for makingnotification Richard Morbey Secretary, Taylor Woodrow plc Date of notification 21 April 2006 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Taylor Wimpey