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RNS Number : 6042I
Wolseley PLC
26 March 2015
 



WOLSELEY PLC ("Company")

 

NOTIFICATION OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") IN ORDINARY SHARES OF 10 53/66p EACH IN THE COMPANY ("Shares")

 

Disposal of Shares

 

On 26 March 2015, the Company was notified that on 26 March 2015, the following Executive Directors undertook the transactions set out below. 

 

Director

Nature of transaction

Number of Shares

Price per Share

Remaining holding of Shares after transaction*

Vested but unexercised long term incentive awards*

Ian Meakins

Disposal of individually held Shares

 

50,000

3,992.4501p

134,293

261,012

John Martin

Disposal of individually held Shares

 

23,977

3,992.4501p

 

 

66,044

 

 

0


Disposal of Shares held by Claire Martin (spouse)

 

2,000

3,992.4501p

Frank Roach

 

Disposal of Shares held through a nominee

31,400

3,992.4501p

36,122

110,358

*Details provided for information only.

 

In addition, the Company was notified that on 26 March 2015, the following PDMRs undertook the transactions set out below.

 

PDMR

Nature of transaction

Number of Shares

Price per Share

Anthony England

 

Disposal of individually held Shares

2,768

3,992.4501p

Ole Mikael Jensen

 

Disposal of individually held Shares

10,198

3,992.4501p

 

Exercise of Share options and disposal of Shares

 

Wolseley Group Share Option Plan 2010 ("Plan")

 

On 26 March 2015, the Company was notified that on 26 March 2015, a PDMR exercised options and disposed of Shares as set out in the table below.

 

Following receipt by the Company of the application from the PDMR relating to the exercise of options under the Plan, the Company chose to net settle certain of the options by delivering Shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option shares).

 

The Shares vesting under the Plan were exercised at an option price of 1,879 pence per Share. The price for the disposal of the Shares set out below was 3,992.4501 pence.

 

PDMR

No. of options exercised

Total Shares following net settlement

No. of Shares disposed

Richard Shoylekov

 

22,460

11,889

9,689

 

Purchase of Shares

 

On 26 March 2015, the Company was notified that on 26 March 2015 Jacky Simmonds, a Director and PDMR, purchased 2,000 Shares in the Company at a price of 4,007 pence per Share.

 

These disclosures are made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4 R. The transactions took place in the UK and the Shares are listed on the London Stock Exchange.

 

 

Graham Middlemiss, Group Deputy Company Secretary

(0118 929 8700)

 

Brunswick (Media Enquiries)

 

Michael Harrison

(020 7404 5959)

 

 

26 March 2015


This information is provided by RNS
The company news service from the London Stock Exchange
 
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