Source - LSE Regulatory
RNS Number : 9441B
Travis Perkins PLC
10 March 2014
 

Travis Perkins plc

Notification of Director or PDMR share interest

The board of Travis Perkins plc ("the Company") announces that on 7 March 2014, the following awards in respect of ordinary shares of 10p each in the Company ("shares") were made (by way of nil cost option) under the Deferred Share Bonus Plan to the persons named below.

Name

Status

Number

of Shares

John Carter

Director

13,553*

Tony Buffin

Director

10,014*

Norman Bell

PDMR

2,403

Carol Kavanagh

PDMR

2,198

Martin Meech

PDMR

2,464

Robin Proctor

PDMR

1,824

Paul Tallentire

PDMR

2,905

Arthur Davidson

PDMR

2,971

Frank Elkins

PDMR

1,976

Ian Preedy

PDMR

1,649


The options over these shares will normally be exercisable from 7 March 2017, subject to continued employment.

*Options over 50% of these shares will normally be exercisable on the 7 March 2016, the remaining options will be exercisable from 7 March 2017, subject to continued employment and satisfaction of forfeiture conditions.

 

The board of Travis Perkins plc ("the Company") has also been notified today of the exercise and sale  on 7 March 2014 by Martin Meech, PDMR, of 6,605 ordinary shares of 10p each in the Company ("shares"), at a price of 1899.8395p following his exercise of nil cost options under the Deferred Share Bonus Plan and 9,306 shares under the Travis Perkins Performance Share Plan at a price of 1899.8395p.

The purpose of the exercises and sales is for Martin Meech to reinvest the monies into the forthcoming Share Matching Award.

As a result of these exercises and sales, Martin Meech's beneficial interest is  29,243 shares.

In the case of queries, please contact:
Deborah Grimason      Company Secretary                             01604 683040
Stella Girvin                 Deputy Company Secretary                 01604 683015
Anthony Kemp Assistant Company Secretary             01604 683017

10 March 2014

 


This information is provided by RNS
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