Ferguson plc ("Company")
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares")
Vesting of Executive Share Plan awards
The Ferguson Group Long Term Incentive Plan 2015 ("LTIP")
| PDMR/Executive Director | No. of Shares under options exercised | Total no. of Shares sold |
| | | |
| J Martin | 56,268 | 26,478 |
| S Oakland | 2,354 | N/A* |
* Mr Oakland's award was cash settled as noted below.
Following the vesting on 1 November 2019 of share options under the LTIP which were granted in November 2016, Mr Martin sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise. The Shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share.
As a consequence of Canadian securities laws, Mr Oakland received a cash settlement equal to the final value of the vested Shares subject to the deduction of the tax/social security liabilities that arose on vesting by way of satisfaction of his award. The price used to calculate the cash settlement received by Mr Oakland was 6,568 pence per Share.
The LTIP was subject to a dividend equivalent accrual and as a result of the vesting, Mr Martin and Mr Oakland will receive a cash payment of the accrued dividend equivalents relating to the awards.
In accordance with the Company's Shareholding Guidelines, Mr Martin will hold the remaining 29,790 Shares until he ceases to be an employee of the Ferguson Group.
Performance Based Buy Out Award ("PBBO")
| PDMR/Executive Director | No. of Shares received | Total no. of Shares sold |
| | | |
| M Powell | 18,029 | 8,484 |
Following the vesting on 1 November 2019 of a conditional share award under the PBBO which was granted in June 2017, Mr Powell sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on exercise and retained the balance of Shares which were subsequently transferred to his spouse.
The shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share. The remaining shares were transferred for nil consideration.
Ferguson Group Ordinary Share Plan 2011 ("OSP")
| PDMR/Executive Director | No. of Shares received | Total no. of Shares sold |
| | | |
| M Brooks | 3,184 | 1,442 |
| A Hutcherson | 2,742 | 2,366 |
| K Murphy | 5,574 | 2,523 |
This section of the notification sets out information relating to the vesting of conditional share awards under the OSP granted to senior executives in November 2016 who, since the date of the award, have changed roles and are now PDMRs/Executive Directors.
Following the vesting of conditional Share awards, Mr Brooks, Mr Hutcherson and Mr Murphy all sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition Mr Hutcherson sold a further number of Shares.
The Shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share.
Ferguson Group Performance Ordinary Share Plan 2016 ("POSP")
| PDMR/Executive Director | No. of Shares received | Total no. of Shares sold |
| | | |
| M Brooks | 7,356 | 7,356 |
| A Hutcherson | 6,334 | 4,334 |
| K Murphy | 12,876 | 5,828 |
This section of the notification sets out information relating to the vesting of conditional share awards under the POSP granted to senior executives in November 2016 who, since the date of the award, have changed roles and are now PDMRs/Executive Directors.
Following the vesting of conditional Share awards, Mr Brooks sold all Shares, Mr Hutcherson and Mr Murphy both sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition Mr Hutcherson sold a further number of Shares.
The Shares released were received for nil consideration. The price for the sale of the Shares was 6,583.1872 pence per Share.
Ferguson Group Revised Ordinary Share Plan 2016 ("ROSP")
| PDMR/Executive Director | No. of Shares received | Total no. of Shares sold |
| | | |
| S Oakland | 19,710 | N/A* |
* Mr Oakland's award was cash settled as noted above.
As a consequence of Canadian securities laws, Mr Oakland received a cash settlement equal to the final value of the vested Shares subject to the deduction of the tax/social security liabilities that arose on vesting by way of satisfaction of his award. The price used to calculate the cash settlement received by Mr Oakland was 6,568 pence per Share.
The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | John Martin | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Chief Executive | ||||
| 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 exercise of nil cost share options granted in November 2016 under the Ferguson Group Long Term Incentive Plan 2015 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | John Martin | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Group Chief Executive | ||||
| 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 exercise of nil cost share options granted in November 2016 under the Ferguson Group Long Term Incentive Plan 2015 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£1,743,096.31 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Kevin Murphy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Ordinary Share Plan 2011 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Kevin Murphy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Ordinary Share Plan 2011 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£166,093.81 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Kevin Murphy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Kevin Murphy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£383,668.15 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 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 Performance Based 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 | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 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 Performance Based Buy Out Award | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£558,517.60 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 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 | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 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 | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Brooks | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Marketing Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Ordinary Share Plan 2011 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Brooks | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Marketing Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Ordinary Share Plan 2011 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£94,929.56 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Brooks | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Marketing Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Michael Brooks | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Marketing Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£484,259.25 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Alex Hutcherson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Operating Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Ordinary Share Plan 2011 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Alex Hutcherson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Operating Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Ordinary Share Plan 2011 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£155,758.21 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Alex Hutcherson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Operating Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£0.00 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Alex Hutcherson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Operating Officer, USA | ||||
| 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 November 2016 under the Ferguson Group Performance Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£285,315.33 | ||||
| e) | Date of the transaction | 2019-11-05; UTC time | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Simon Oakland | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO, Canada and Central Europe and Head of Corporate Development | ||||
| 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 | A financial instrument linked to a Ferguson Ordinary Share
ISIN: JE00BJVNSS43 | ||||
| b) | Nature of the transaction | The receipt of a cash settlement by way of satisfaction of an award granted in November 2016 under the Ferguson Group Long Term Incentive Plan 2015 equal to the final value of the vested Shares | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£154,610.72 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Simon Oakland | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO, Canada and Central Europe and Head of Corporate Development | ||||
| 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 | A financial instrument linked to a Ferguson Ordinary Share
ISIN: JE00BJVNSS43 | ||||
| b) | Nature of the transaction | The receipt of a cash settlement by way of satisfaction of an award granted in November 2016 under the Ferguson Group Revised Ordinary Share Plan 2016 | ||||
| c) | Price(s) and volume(s) |
GBP - British Pound | ||||
| d) | Aggregated information
- Aggregated volume
- Price |
Not applicable
£1,294,552.80 | ||||
| e) | Date of the transaction | 2019-11-01; UTC time | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
Graham Middlemiss, Group Company Secretary
(0118 927 3800)
6 November 2019