15th Jan 2016 14:31
15 January 2016
Grainger plc
Director/PDMR Shareholdings
Grainger plc ("The Company") announces, pursuant to the Grainger 2007 Long Term Incentive Plan ("LTIP") and following an assessment of the performance conditions by its Remuneration Committee that 98% of the share awards, conditionally granted on 10 December 2012, vested on 11 January 2016.
Executive Director/PDMR | Shares Vesting
|
Nick Jopling | 363,224 |
Laure Duhot | 162,332 |
Arrangements are in hand to transfer the shares that are vesting from the Grainger plc Employee Benefits Trust ("EBT") to the Executive Director/PDMR.
The Company further announces the following sales of ordinary shares by the above Directors of the Company on 13 January 2016 at a price of 233.11p
Executive Director/PDMR | Shares Sold
| ||
Nick Jopling | 170,715 |
| |
Laure Duhot | 76,298 |
| |
The total shareholdings of the above Director/PDMR after these transactions are:-
Executive Director | Holding prior to notification | Holding following notification | Percentage holding following notification
|
Nick Jopling | 599,401 | 791,910 | 0.19% |
Laure Duhot | 8,513 | 94,551 | 0.02% |
For and on behalf of
Grainger plc
M P Windle
Deputy Company Secretary
Related Shares:
Grainger plc