10th Nov 2016 15:14
BELLWAY PLC - Director/PDMR ShareholdingBELLWAY PLC - Director/PDMR Shareholding
PR Newswire
London, November 10
BELLWAY p.l.c. (‘the Company’)
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
10 NOVEMBER 2016
The Company was today informed that on 9 November 2016 in Newcastle upon Tyne, the following directors were granted awards in respect of 55,792 ordinary shares in the Company, under the terms of the Bellway plc (2013) Performance Share Plan as follows:
| Number of shares over which an award was granted | |
| E F Ayres K D Adey | 35,223 20,569 |
| 55,792 |
The awards, which are in respect of existing shares, are to be held in the Bellway plc Employee Share Trust (1992) (‘the Trust’) until at least 9 November 2019.
The awards are maximum awards and the degree to which they vest depends on performance targets measure over a three year period (‘the performance period’). The performance period to be used commenced on 1 August 2016 and ends on 31 July 2019.
BELLWAY p.l.c.
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Edward Francis Ayres | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Bellway p.l.c. | ||||
| b) | LEI | |||||
| 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 | 12.5p ordinary shares GB0000904986 | ||||
| b) | Nature of the transaction | Granting of awards under the Company’s Performance Share Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information Price | N/A N/A | ||||
| e) | Date of the transaction | 9 November 2016 | ||||
| f) | Place of the transaction | N/A | ||||
BELLWAY p.l.c.
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Keith Derek Adey | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Finance Director | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Bellway p.l.c. | ||||
| b) | LEI | |||||
| 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 | 12.5p ordinary shares GB0000904986 | ||||
| b) | Nature of the transaction | Granting of awards under the Company’s Performance Share Plan | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information Price | N/A N/A | ||||
| e) | Date of the transaction | 9 November 2016 | ||||
| f) | Place of the transaction | N/A | ||||
Name of contact and telephone number for queries:
Simon Scougall
Group General Counsel & Company Secretary
Bellway p.l.c.
Tel: 0191 217 0717
Related Shares:
Bellway