4 October 2021
The Berkeley Group Holdings plc
(the "Company")
Transactions of persons discharging managerial responsibilities
Directors' Beneficial Shareholdings
On 30 September 2021, options to acquire Shares granted under the 2011 LTIP vested.
The Company was notified on 30 September 2021 that the Directors detailed below had exercised their options to acquire Shares at an option exercise price of £5.30 per Share. The Company was also notified on 30 September 2021 that The Berkeley Group Holdings plc Employee Benefit Trust (the "EBT") had transferred Shares to those Directors net of the option exercise price and employee's income tax and national insurance contributions as detailed in the below table.
Vesting of 2011 LTIP
| Name of Director | Number of Shares received following exercise of Option | Percentage of Issued Share Capital | Total Beneficial Holding following Notification | Percentage of Issued Share Capital held beneficially following Notification | |
| R C Perrins | a) 89,291 | a) 0.07% | a) 837,966 (R C Perrins) b) 255,190 (Mrs V W Perrins) | a) 0.74% b) 0.23% |
|
| R J Stearn | a) 34,118 | a) 0.03% | a) 109,427 (R J Stearn)* b) 98,427 (Mrs J P Stearn)* | a) 0.10% b) 0.09% |
|
| S Ellis | a) 55,677 | a) 0.05% | a) 130,258 (S Ellis) b) 189,686 (Mrs K Ellis) | a) 0.12% b) 0.17% |
|
| K Whiteman
| a) 34,335 | a) 0.03% | a) 244,478 (K Whiteman) b) 83,353 (Mrs M Whiteman) | a) 0.22% b) 0.07% |
|
| J Tibaldi | a) 23,969 | a) 0.02% | a) 71,969 (J Tibaldi) b) 16,520 (Mrs M Tibaldi) | a) 0.06% b) 0.01% |
|
| P Vallone | a) 23,969 | a) 0.02% | a) 69,290 (P Vallone) b) 23,098 (Mrs A Vallone) | a) 0.06% b) 0.02% |
|
* Following the transfer of shares by the EBT to R J Stearn, Mr R J Stearn transferred 20,000 shares to Mrs J P Stearn, Person Closely Associated.
Vested options can be exercised up to and including 4 September 2026 subject to the rules of the 2011 LTIP.
The information set out above is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
For further information please contact:
Novella Communications
Tim Robertson
T: 020 3151 7008
Ann Dibben
Company Secretary
The Berkeley Group Holdings plc
Tel: 01932 868555
LEI: 2138009OQSSLVVHQAL78
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Robert Perrins | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Executive | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a single transaction
| ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Stearn | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Group Finance Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | a) Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. b) Transfer of 20,000 shares to Mrs J P Stearn, Person Closely Associated. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | - Acquisition: 34,118 - Disposal: 20,000 - Aggregated Price: Nil | ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mrs Jennifer Stearn | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Person Closely Associated to Richard Stearn, Group Finance Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | Acquisition of 20,000 shares from Mr R J Stearn, Person Closely Associated. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a single transaction | ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Sean Ellis | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Divisional Executive Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a single transaction
| ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Karl Whiteman | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Divisional Executive Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a single transaction
| ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Justin Tibaldi | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Divisional Executive Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a single transaction | ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Paul Vallone | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Divisional Executive Director | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | The Berkeley Group Holdings plc | ||||
| b) | LEI | 2138009OQSSLVVHQAL78 | ||||
| 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 5.4141p each
| ||||
| b) | Nature of the transaction(s) | Exercise of options over Ordinary Shares of 5.4141p each which vested under The Berkeley Group Holdings plc 2011 Long Term Incentive Plan resulting in the acquisition of Ordinary Shares net of the exercise price of £5.30 per Ordinary Share and employee's income tax and national insurance contributions. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | n/a single transaction
| ||||
| e) | Date of the transaction | 2021-09-30 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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