FERGUSON PLC
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Notification of Transactions by Person Discharging Managerial Responsibilities
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On 1 April 2020, the Restricted Share Buy Out Award ("RSBO") granted to Mike Powell upon joining Ferguson plc in June 2017 vested in accordance with its expected vesting timeline.� The RSBO was granted as a buyout of awards from his previous employer that Mr Powell forfeited on agreeing to join Ferguson plc and so had no performance conditions.�
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Upon vesting Mr Powell sold sufficient shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on vesting.� Mr Powell transferred the balance of the shares to his spouse for nil consideration.
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The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Powell | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Chief Financial Officer | ||||
| b) | Initial/Amendment notification | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Ferguson plc | ||||
| b) | LEI | 213800DU1LGY3R2S2X42 | ||||
| 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 Shares of 10p each � � � ISIN: JE00BJVNSS43 | ||||
| b) | Nature of the transaction | The vesting of conditional shares granted in June 2017 under the Restricted Share Buy Out Award | ||||
| c) | Price(s) and volume(s) | �
� GBP - British Pound | ||||
| d) | Aggregated information � -����� Aggregated volume � -����� Price | � � Not applicable � �0.00 | ||||
| e) | Date of the transaction | 2020-04-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Powell | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Chief Financial Officer | ||||
| b) | Initial/Amendment notification | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Ferguson plc | ||||
| b) | LEI | 213800DU1LGY3R2S2X42 | ||||
| 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 Shares of 10p each � � � ISIN: JE00BJVNSS43 | ||||
| b) | Nature of the transaction | The disposal of shares stemming from the vesting of conditional shares granted in June 2017 under the Restricted Share Buy Out Award | ||||
| c) | Price(s) and volume(s) | �
� GBP - British Pound | ||||
| d) | Aggregated information � -����� Aggregated volume � -����� Price | � � Not applicable � �55,875.99 | ||||
| e) | Date of the transaction | 2020-04-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Powell | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Chief Financial Officer | ||||
| b) | Initial/Amendment notification | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Ferguson plc | ||||
| b) | LEI | 213800DU1LGY3R2S2X42 | ||||
| 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 Shares of 10p each � � � ISIN: JE00BJVNSS43 | ||||
| b) | Nature of the transaction | The transfer of shares to spouse for nil consideration | ||||
| c) | Price(s) and volume(s) | �
� GBP - British Pound | ||||
| d) | Aggregated information � -����� Aggregated volume � -����� Price | � � Not applicable � �0.00 | ||||
| e) | Date of the transaction | 2020-04-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Kate Powell | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | This notification concerns a person closely associated with a person discharging managerial responsibilities. The relevant person discharging managerial responsibilities being Michael Powell, Group Chief Financial Officer | ||||
| b) | Initial/Amendment notification | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Ferguson plc | ||||
| b) | LEI | 213800DU1LGY3R2S2X42 | ||||
| 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 Shares of 10p each � � � ISIN: JE00BJVNSS43 | ||||
| b) | Nature of the transaction | The receipt of shares from spouse for nil consideration | ||||
| c) | Price(s) and volume(s) | �
� GBP - British Pound | ||||
| d) | Aggregated information � -����� Aggregated volume � -����� Price | � � Not applicable � �0.00 | ||||
| e) | Date of the transaction | 2020-04-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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Enquiries:
Graham Middlemiss, Group Company Secretary
(0118 927 3800)
2 April 2020�