TIDMFERG 
 
 

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

 

The Ferguson Group Long Term Incentive Plan 2019 ("LTIP")

 
                                                             Total no. of 
                                                             Shares vesting 
                                         No. of dividend     after any 
PDMR/Executive       No. of Shares       equivalent Shares   withholding for 
Director             vesting             accrued             tax 
 
W Brundage           14,329              1,289               8,576 
 

The conditional share granted under the LTIP on November 2, 2020 automatically vested on December 7, 2023. The LTIP was subject to a dividend equivalent accrual and as a result of the vesting, Mr Brundage received a dividend equivalent accrual of 1,289 shares. All Shares were released for nil consideration and 7,042 Shares were withheld for tax. In accordance with the Company's 2019 Remuneration Policy, Mr Brundage will hold the remaining 8,576 Shares for a period of not less than two years.

 

The attached notification, which has 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), provides further detail.

 
1   Details of the person discharging managerial responsibilities / person 
    closely associated 
a)  Name                                  William Brundage 
2   Reason for the notification 
a)  Position/status                       Chief Financial Officer 
b)  Initial/Amendment notification        Initial notification 
3   Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
a)  Name                                  Ferguson plc 
b)  LEI                                   213800DU1LGY3R2S2X42 
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          Ordinary Shares of 10p each 
    instrument, type of instrument 
    Identification code                    ISIN: JE00BJVNSS43 
b)  Nature of the transaction             The automatic vesting of conditional 
                                          share award granted in November 2020 
                                          under the Ferguson Group Long Term 
                                          Incentive Plan 2019 (including 
                                          dividend equivalents arising from 
                                          the vesting and after withholding 
                                          for tax) 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           $0.00 8,576 
 
                                           USD - US Dollars 
d)  Aggregated information 
 
     - Aggregated volume                   Volume(s) Price(s) 
                                           Not applicable $0.00 
     - Price 
e)  Date of the transaction               2023-12-07; UTC time 
f)  Place of the transaction              Outside a Trading Venue 
 

December 11, 2023

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231211170643/en/

 
    CONTACT: Enquiries: 

Kate McCormick, Company Secretary

Tel: +44 (0) 118 927 3827

 
    SOURCE: Ferguson plc 
Copyright Business Wire 2023 
 

(END) Dow Jones Newswires

December 11, 2023 06:45 ET (11:45 GMT)

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