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21 May 2025 23:11:27
- Source: Sharecast
Grainger plc
("Grainger" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Grainger announces that on 20 May 2025 it was notified of the following exercise of nil-cost options and subsequent sale of 5p ordinary shares in the Company to meet income tax and national insurance liabilities arising from the exercise of options by Rob Hudson (Group CFO). Following these transactions, Rob transferred 89,958 Shares to his civil partner Robert Driscoll, a person closely associated ("PCA") with him.
The sale of Shares took place on 19 May 2025 at an average price of £2.23.
Following these transactions, Rob's total shareholding is 262,437 and includes (a) Shares held by Link Market Services Trustees and held pursuant to Grainger's Share Incentive Plan (SIP); and (b) Shares held by his PCA.
|
|
Award |
Number of vested Shares subject to exercised award (including dividend equivalent Shares) |
Number of Shares sold |
Number of Shares retained |
|
Rob Hudson |
2021 Recruitment Award |
167,814 |
77,856 |
89,958 |
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1
|
Details of the person discharging managerial responsibilities / person closely associated |
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a)
|
Name |
Rob Hudson |
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2
|
Reason for the notification |
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a)
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Position/status
|
Chief Financial Officer/Director |
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b)
|
Initial notification
|
Initial Notification |
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3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a)
|
Name
|
Grainger plc |
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|
b)
|
LEI |
2138007CEIRKZMNI2979 |
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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 |
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|
a)
|
Description of the financial instrument, type of instrument
|
Ordinary Shares of 5p each in Grainger plc |
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|
b) |
Identification code
|
GB00B04V1276 |
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c)
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Nature of the transaction
|
Exercise of 2021 Recruitment Award granted as nil-cost options. |
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d)
|
Price and volumes |
|
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d)
|
Aggregated information - Aggregated volume - Price |
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e)
|
Date of the transaction |
19 May 2025 |
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|
f) |
Place of the transaction |
Outside a trading venue |
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||||
|
a)
|
Name |
Rob Hudson |
|||||
|
2
|
Reason for the notification |
||||||
|
a)
|
Position/status
|
PDMR: Chief Financial Officer/Director |
|||||
|
b)
|
Initial notification
|
Initial Notification |
|||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||
|
a)
|
Name
|
Grainger plc |
|||||
|
b)
|
LEI |
2138007CEIRKZMNI2979 |
|||||
|
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 instrument, type of instrument
|
Ordinary Shares of 5p each in Grainger plc |
|||||
|
b) |
Identification code
|
GB00B04V1276 |
|||||
|
c)
|
Nature of the transaction
|
Sale of ordinary shares to meet income tax and national insurance liabilities falling due on exercise of 2021 Recruitment Award granted as nil-cost options. |
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|
d)
|
Price and volumes |
|
|||||
|
d)
|
Aggregated information - Aggregated volume - Price |
|
|||||
|
e)
|
Date of the transaction |
19 May 2025 |
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|
f) |
Place of the transaction |
London Stock Exchange |
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|
1
|
Details of the person discharging managerial responsibilities / person closely associated |
||||||
|
a)
|
Name |
PDMR - Rob Hudson PCA - Robert Driscoll |
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|
2
|
Reason for the notification |
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|
a)
|
Position/status
|
PDMR - Chief Financial Officer/Director PCA - Person closely associated with Chief Financial Officer/Director |
|||||
|
b)
|
Initial notification
|
Initial Notification |
|||||
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||
|
a)
|
Name
|
Grainger plc |
|||||
|
b)
|
LEI |
2138007CEIRKZMNI2979 |
|||||
|
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 instrument, type of instrument
|
Ordinary Shares of 5p each in Grainger plc |
|||||
|
b) |
Identification code
|
GB00B04V1276 |
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|
c)
|
Nature of the transaction
|
Transfer of 89,958 Ordinary Shares of £0.05 each to Robert Driscoll, PCA of Rob Hudson |
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|
d)
|
Price and volumes |
|
|||||
|
d)
|
Aggregated information - Aggregated volume - Price |
|
|||||
|
e)
|
Date of the transaction |
19 May 2025 |
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|
f) |
Place of the transaction |
Outside a trading venue |
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Name of authorised official of issuer responsible for making notification:
Sapna B FitzGerald, Group General Counsel and Company Secretary
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