TIDMFERG 
 
 

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

 

On December 7, 2023 the Company granted the following awards to Executive Directors under the Ferguson plc 2023 Omnibus Equity Incentive Plan.

 

Awards were made to two Executive Directors as set out in the table below:

 
Executive Director    Performance Awards  Restricted Stock Unit Awards 
Kevin Murphy          7,669               9,699 
William Brundage      N/A                 4,036 
 

No consideration is payable at allocation or on vesting.

 

Performance Awards

 

The Performance Awards will only vest upon the achievement of certain corporate performance conditions measured over a three-year period, subject to continued employment through such performance period. Details of the performance conditions attached to the awards will be disclosed at the appropriate time in the relevant public disclosures required to be made by the Company. Subject to the achievement of the foregoing vesting criteria, the Performance Awards will vest on October 12, 2026.

 

Restricted Stock Units ("RSU")

 

The RSU awards have no performance conditions and will vest, subject to continued employment with the Company, on October 12, 2026.

 

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.

 
1   Details of the person discharging managerial responsibilities / person 
    closely associated 
a)  Name                                  Kevin Murphy 
2   Reason for the notification 
a)  Position/status                       Chief Executive 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 grant of performance awards 
                                          under the Ferguson plc 2023 Omnibus 
                                          Equity Incentive Plan 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           $0.00 7,669 
 
                                           USD -- US Dollar 
d)  Aggregated information 
 
     - Aggregated volume                   Not applicable 
 
     - Price                               $0.00 
e)  Date of the transaction               2023-12-07; UTC time 
f)  Place of the transaction              Outside a Trading Venue 
 
 
1   Details of the person discharging managerial responsibilities / person 
    closely associated 
a)  Name                                  Kevin Murphy 
2   Reason for the notification 
a)  Position/status                       Chief Executive 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 grant of restricted stock units 
                                          under the Ferguson plc 2023 Omnibus 
                                          Equity Incentive Plan 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           $0.00 9,699 
 
                                           USD -- US Dollar 
d)  Aggregated information 
 
     - Aggregated volume                   Not applicable 
 
     - Price                               $0.00 
e)  Date of the transaction               2023-12-07; UTC time 
f)  Place of the transaction              Outside a Trading Venue 
 
 
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 grant of restricted stock units 
                                          under the Ferguson plc 2023 Omnibus 
                                          Equity Incentive Plan 
c)  Price(s) and volume(s) 
                                           Price(s) Volume(s) 
                                           $0.00 4,036 
 
                                           USD -- US Dollar 
d)  Aggregated information 
 
     - Aggregated volume                   Not applicable 
 
     - Price                               $0.00 
e)  Date of the transaction               2023-12-07; UTC time 
f)  Place of the transaction              Outside a Trading Venue 
 

December 11, 2023

Enquiries:

 

Kate McCormick, Company Secretary

 

Tel: +44 (0) 118 927 3827

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20231211742962/en/

 
    CONTACT: 

Ferguson plc

 
    SOURCE: Ferguson plc 
Copyright Business Wire 2023 
 

(END) Dow Jones Newswires

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

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