TIDMFERG

RNS Number : 8427J

Ferguson PLC

15 December 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 Long Term Incentive Plan 2019 ("LTIP")

 
 PDMR/Executive    Total no. of Shares sold 
  Director 
 
 K Murphy                   20,856 
 I Graham                    639 
 S Long                      714 
 

On December 13, 2022, Mr Murphy, Mr Graham and Ms Long sold sufficient Shares to satisfy only the tax/social security liabilities and associated dealing costs that arose on vesting of their conditional awards under the LTIP which vested on December 5, 2022. The price for the sale of the Shares was 10,422.2791 pence per Share.

The LTIP was subject to a dividend equivalent accrual and as a result of the vesting, Mr Murphy received a dividend equivalent accrual of 2,455 shares. Mr Graham and Ms Long will receive a cash payment of the accrued dividend equivalents relating to the awards.

In accordance with the Company's 2019 Remuneration Policy, Mr Murphy will hold the remaining 25,224 Shares for a period of not less than two years.

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                        Kevin Murphy 
     --------------------------  ------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------- 
 a)   Position/status             Chief Executive 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   The acquisition of shares as a result 
                                   of dividend equivalents arising from 
                                   the vesting of conditional shares granted 
                                   in December 2019 under the Ferguson 
                                   Group Long Term Incentive Plan 2019 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0.00     2,455 
                                                ---------- 
 
 
                                    GBP - British Pound 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
                                     Volume(s)        Price(s) 
       - Aggregated volume           Not applicable   GBP0.00 
                                                     --------- 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     2022-12-13; UTC time 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a Trading Venue 
     --------------------------  ------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Kevin Murphy 
     --------------------------  -------------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------------ 
 a)   Position/status             Chief Executive 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   The disposal of shares stemming from 
                                   (1) the vesting of conditional shares 
                                   granted in December 2019 under the 
                                   Ferguson Group Long Term Incentive 
                                   Plan 2019 and (2) the acquisition of 
                                   shares as a result of dividend equivalents 
                                   arising from the vesting of conditional 
                                   shares granted in December 2019 under 
                                   the Ferguson Group Long Term Incentive 
                                   Plan 2019 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)         Volume(s) 
                                     GBP104.222791    20,856 
                                                     ---------- 
 
 
                                    GBP - British Pound 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
                                     Volume(s)        Price(s) 
       - Aggregated volume           Not applicable   GBP2,173,670.53 
                                                     ---------------- 
       - Price 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     2022-12-13; UTC time 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    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   The disposal of shares stemming from 
                                   the vesting of conditional shares granted 
                                   in December 2019 under the Ferguson 
                                   Group Long Term Incentive Plan 2019 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)         Volume(s) 
                                     GBP104.222791    639 
                                                     ---------- 
 
 
                                    GBP - British Pound 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
                                     Volume(s)        Price(s) 
       - Aggregated volume           Not applicable   GBP66,598.36 
                                                     ------------- 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     2022-12-13; UTC time 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    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   The disposal of shares stemming from 
                                   the vesting of conditional shares granted 
                                   in December 2019 under the Ferguson 
                                   Group Long Term Incentive Plan 2019 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)         Volume(s) 
                                     GBP104.222791    714 
                                                     ---------- 
 
 
                                    GBP - British Pound 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
                                     Volume(s)        Price(s) 
       - Aggregated volume           Not applicable   GBP74,415.07 
                                                     ------------- 
       - Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     2022-12-13; UTC time 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  ------------------------------------------- 
 

Graham Middlemiss, Company Secretary

Tel: +44 (0) 118 927 3800

December 15, 2022

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END

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