10th Mar 2015 16:50
TAYLOR WIMPEY PLC - DIRECTORS' SHARE DEALINGS
Taylor Wimpey plc (the Company) announces that following the achievement of performance conditions, and consequent partial vesting, of nil cost options granted on 5 March 2012 under the Taylor Wimpey Performance Share Plan "PSP", the Directors of the Company named below have today carried-out the following transactions in accordance with applicable Company shareholding guidelines:
| Pete Redfern | Ryan Mangold | James Jordan | ||||||
| PSP | PSP |
|
| PSP | ||||
Number of share options exercised |
|
2,742,687 |
1,116,665 |
|
1,273,388 | ||||
Shares sold to meet tax and NI liability, and dealing costs
| (1,292,295) | (526,149) | (599,994) | ||||||
Other shares sold
| (1,015,274) | (420,516) | (471,375) | ||||||
Total shares acquired and retained by Director | 435,118 | 170,000 | 202,019 | ||||||
The above transactions were carried out in London at an average price of 145.97 pence per share.
As a result of the transactions the shareholdings of the Directors in the shares of the Company have increased as follows:
| Holding prior to above dealings | % of shareholding to salary prior to above dealings | Holding after above dealings | % of shareholding to salary* |
Pete Redfern
| 2,689,437 | 508% | 3,124,555 | 590% |
Ryan Mangold
| 636,792 | 261% | 806,792 | 331% |
James Jordan
| 1,309,976 | 533% | 1,511,995 | 615% |
*based on the price of 145.97 pence at which the above transactions were carried out, and excluding deferred shares held on trust under the EIS.
James J Jordan
Group Legal Director and Company Secretary
10 March 2015
Related Shares:
Taylor Wimpey