1 April 2020
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Wm Morrison Supermarkets plc
(the "Company")
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Notification of Dealings in the Company's Shares by Directors
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The Company announces the following dealings in the Company's ordinary shares of 10 pence each ("Shares") undertaken by directors / persons discharging managerial responsibility ("PDMRs").
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Deferred Share Bonus Plan ("DSBP") Release
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On 30 March 2020, the release from an award granted under the Wm Morrison Supermarkets Deferred Share Bonus Plan ("DSBP") granted on 28 March 2017 meant that�David Potts and Trevor Strain receive 191,636 and 129,636 Shares of�10 pence�each in the Company respectively.
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These share awards are after settlement of income tax and employee's national insurance contributions.
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David Potts' total shareholding following this action is 3,046,282 Shares.
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Trevor Strain's total shareholding following this action is 1,032,104 Shares.
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The share price on release was�183.775 pence�per Share.
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Long Term Incentive Plan ("LTIP") Grant
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On 31 March 2020, the Company granted the following conditional awards ("Awards") under the 2017 Wm Morrison Supermarkets Long Term Incentive Plan ("LTIP"). The number of shares granted being calculated using a market price of 179.11 pence per share.
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| Name | Number of Shares under Award |
| David Potts | 1,423,706 |
| Trevor Strain | 1,113,840 |
| Michael Gleeson | 820,724 |
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The Awards will vest on 31 March 2023, but only to the extent that certain criteria are met. No consideration is payable on the grant or vesting of the Awards.
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The Notification of Dealing Forms can be found below.
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This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
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Enquiries:
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Andrew Kasoulis - Investor Relations� �������������������������� 07785 343515
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Julian Bailey - Media Relations������������������������������������� 07969 061092
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Notification of dealing form
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | David Potts | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Executive Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Wm Morrison Supermarkets PLC | ||||||
| b) | LEI | 213800IN6LSRGTZSOS29 | ||||||
| 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 | Ordinary 10p Shares � ISIN: GB0006043169 | ||||||
| b) | Nature of the transaction | Release from an award granted under the rules of the Wm Morrison Supermarkets Deferred Share Bonus Plan after settlement of income tax and employee's national insurance contributions | ||||||
| c) | Price(s) and volume(s) | �
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| d) | Aggregated information �- Aggregated volume - Price | �
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| e) | Date of the transaction | 30 March 2020 | ||||||
| f) | Place of the transaction | XLON | ||||||
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Notification of dealing form
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Trevor Strain | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Operating Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Wm Morrison Supermarkets PLC | ||||||
| b) | LEI | 213800IN6LSRGTZSOS29 | ||||||
| 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 | Ordinary 10p Shares � ISIN: GB0006043169 | ||||||
| b) | Nature of the transaction | Release from an award granted under the rules of the Wm Morrison Supermarkets Deferred Share Bonus Plan after settlement of income tax and employee's national insurance contributions | ||||||
| c) | Price(s) and volume(s) | �
| ||||||
| d) | Aggregated information �- Aggregated volume - Price | �
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| e) | Date of the transaction | 30 March 2020 | ||||||
| f) | Place of the transaction | XLON | ||||||
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Notification of dealing form
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | David Potts | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Executive Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Wm Morrison Supermarkets PLC | ||||||
| b) | LEI | 213800IN6LSRGTZSOS29 | ||||||
| 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 | Ordinary 10p Shares � ISIN: GB0006043169 | ||||||
| b) | Nature of the transaction | Grant of nil-cost options under the rules of the 2017 Wm Morrison Supermarkets Long Term Incentive Plan | ||||||
| c) | Price(s) and volume(s) | �
| ||||||
| d) | Aggregated information �- Aggregated volume - Price | �
| ||||||
| e) | Date of the transaction | 31 March 2020 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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Notification of dealing form
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Trevor Strain | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Operating Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Wm Morrison Supermarkets PLC | ||||||
| b) | LEI | 213800IN6LSRGTZSOS29 | ||||||
| 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 | Ordinary 10p Shares � ISIN: GB0006043169 | ||||||
| b) | Nature of the transaction | Grant of nil-cost options under the rules of the 2017 Wm Morrison Supermarkets Long Term Incentive Plan | ||||||
| c) | Price(s) and volume(s) | �
| ||||||
| d) | Aggregated information �- Aggregated volume - Price | �
| ||||||
| e) | Date of the transaction | 31 March 2020 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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Notification of dealing form
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Michael Gleeson | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chief Financial Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Wm Morrison Supermarkets PLC | ||||||
| b) | LEI | 213800IN6LSRGTZSOS29 | ||||||
| 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 | Ordinary 10p Shares � ISIN: GB0006043169 | ||||||
| b) | Nature of the transaction | Grant of nil-cost options under the rules of the 2017 Wm Morrison Supermarkets Long Term Incentive Plan | ||||||
| c) | Price(s) and volume(s) | �
| ||||||
| d) | Aggregated information �- Aggregated volume - Price | �
| ||||||
| e) | Date of the transaction | 31 March 2020 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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End