11th Apr 2006 15:28
Taylor Woodrow PLC11 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 John Peshkin (a Person Discharging Managerial Responsibility) 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person Not a connected person 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 Holding of JR Peshkin 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 John Peshkin 8 State the nature of the transaction 1. Vesting of the first one-third of the Compulsory Share Award made on 8 April 2005 under the Taylor Woodrow Deferred Bonus Plan, whereby executives in North America deferred a portion of their cash bonus payable for performance during 2004 in return for (1) a one for five Matching Option exercisable subject to meeting certain performance criteria, on 8 April 2008 and (2) one-third of the Compulsory Share Award on each successive anniversary of the award date. 2. Sale of the resulting shares. 9. Number of shares, debentures or financial instruments relating to sharesacquired 40,645 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.007% of shares in issue less treasury shares on date of purchase (577,067,196shares) 11. Number of shares, debentures or financial instruments relating to sharesdisposed 40,645 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.007% of shares in issue less treasury shares on date of purchase (577,067,196shares) 13. Price per share or value of transaction Vesting of the shares was at Nil (they were acquired at market price on 8 April2005) Sale of the shares was at 400.25p each 14. Date and place of transaction 10 April 2006 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 147,299 Shares 0.0255% of shares in issue less treasury shares on date of purchase (577,067,196shares) 16. Date issuer informed of transaction 10 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 11 April 2006 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Taylor Wimpey