TIDMFERG

RNS Number : 6259D

Ferguson PLC

21 October 2022

Ferguson plc ("Company")

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN ORDINARY SHARES OF 10p EACH IN THE COMPANY ("Shares")

Ferguson Group Performance Ordinary Share Plan 2019

 
 PDMR/Executive    No. of Shares received   Total no. of Shares 
  Director                                          sold 
 
 W Brundage                11,202                  5,070 
 J Cross                   15,126                  5,973 
 I Graham                  15,107                 12,500 
 M Jacobs                  7,039                   7,039 
 S Long                    15,297                  6,924 
 J Schlicher               11,152                  9,100 
 W Thees                   12,280                  5,558 
 J Williams                5,054                   4,002 
 

Following the vesting of conditional share awards on October 17, 2022, Mr Brundage, Mr Cross, Ms Long and Mr Thees sold sufficient Shares to satisfy the tax/social security liabilities and associated dealing costs that arose on vesting and in addition, Mr Graham, Mr Schlicher and Mr Williams sold a further number of Shares. Mr Jacobs elected to sell all Shares.

The Shares released were received for nil consideration. The price for the sale of the Shares was 9426.1017 pence per Share.

The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), provide further detail.

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        William Brundage 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     11,202 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    5,070 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP477,903.36 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        James Cross 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Senior Vice President 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     15,126 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    5,973 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP563,021.05 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Ian Graham 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             General Counsel 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     15,107 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    12,500 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP1,178,262.71 
                                                         ---------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Michael Jacobs 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Senior Vice President 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     7,039 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    7,039 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP663,503.30 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Samantha Long 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Chief Human Resources Officer 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     15,297 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    6,924 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP652,663.28 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Jake Schlicher 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Senior Vice President 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     11,152 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    9,100 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP857,775.25 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        William Thees 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Senior Vice President 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     12,280 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    5,558 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP523,902.73 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        John Williams 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             Senior Vice President 
     --------------------------  ------------------------------------------------- 
 b)   Initial/Amendment           Initial notification 
       notification 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Ferguson plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800DU1LGY3R2S2X42 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of 10p each 
       financial instrument, 
       type of instrument 
                                   ISIN: JE00BJVNSS43 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction        1. The vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
                                        2. The disposal of shares stemming 
                                        from the vesting of conditional shares 
                                        granted in October 2019 under the Ferguson 
                                        Group Performance Ordinary Share Plan 
                                        2019 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)           1. Vesting Price(s)    Volume(s) 
                                         GBP0.00     5,054 
                                                    ---------- 
 
                                        2. Disposal Price(s)        Volume(s) 
                                         GBP94.261017    4,002 
                                                        ---------- 
 
 
                                        GBP - British Pound 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information           1. Vesting Volume(s)        Price(s) 
                                         Not applicable   GBP0.00 
       - Aggregated volume                               --------- 
 
       - Price                          2. Disposal Volume(s)        Price(s) 
                                         Not applicable   GBP377,232.59 
                                                         -------------- 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     1. 2022-10-17; UTC time 
                                   2. 2022-10-18; UTC time 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    1. Outside a Trading Venue 
                                   2. London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------------- 
 

Enquiries:

Graham Middlemiss, Company Secretary

Tel: +44 (0) 118 927 3800

October 21, 2022

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