Ferguson plc (“Company”): Director/PDMR Shareholding
Ferguson plc grants restricted stock units to Non-Employee Directors under the Ferguson Non-Employee Director Incentive Plan 2022
Positive
Ferguson plc granted restricted stock units to nine Non-Employee Directors as part of the Ferguson Non-Employee Director Incentive Plan 2022. The awards were made in ordinary shares of 10p each. The awards have no performance conditions and will vest on October 12, 2024, subject to continued service to the Company.
10/17/2023 - 06:45 AM
WOKINGHAM, England --(BUSINESS WIRE)--
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN ORDINARY SHARES OF 10p EACH IN THE COMPANY (“Shares”)
On October 12, 2023 the Company granted the following awards to Non-Employee Directors under the Ferguson Non-Employee Director Incentive Plan 2022.
Awards were made to nine Non-Employee Directors as set out in the table below:
Non-Employee Director
Award
Geoff Drabble
675
Kelly Baker
707
Catherine Halligan
707
Brian May
675
James Metcalf
707
Alan Murray
707
Thomas Schmitt
707
Nadia Shouraboura
707
Suzanne Wood
707
The awards were granted as restricted stock units. No consideration is payable at allocation or on vesting. The awards have no performance conditions and will normally vest, only subject to continued service to the Company, on October 12, 2024.
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
Geoff Drabble
2
Reason for the notification
a)
Position/status
Chairman
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
£0.00 675
GBP – British Pound
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
£0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Kelly Baker
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollar
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Catherine Halligan
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollars
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Brian May
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
£0.00 675
GBP – British Pound
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
£0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
James Metcalf
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollars
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alan Murray
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollars
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Thomas Schmitt
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollars
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nadia Shouraboura
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollars
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Suzanne Wood
2
Reason for the notification
a)
Position/status
Non-Employee Director
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 instrument, type of instrument
Identification code
Ordinary Shares of 10p each
ISIN: JE00BJVNSS43
b)
Nature of the transaction
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022
c)
Price(s) and volume(s)
Price(s) Volume(s)
$0.00
USD – US Dollars
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
$0.00
e)
Date of the transaction
2023-10-12; UTC time
f)
Place of the transaction
Outside a Trading Venue
View source version on businesswire.com: https://www.businesswire.com/news/home/20231017630286/en/
Enquiries:
Kate McCormick, Company Secretary
Tel: +44 (0) 118 927 3827
Source: Ferguson plc
Geoff Drabble, Kelly Baker, Catherine Halligan, Brian May, James Metcalf, Alan Murray, Thomas Schmitt, Nadia Shouraboura, and Suzanne Wood received the restricted stock units.
The grant of restricted stock units under the Ferguson Non-Employee Director Incentive Plan 2022.
The restricted stock units will vest on October 12, 2024, subject to continued service to the Company.
No, the awards have no performance conditions.
The price of the restricted stock units is £0.00 for Geoff Drabble and Brian May, and $0.00 for Kelly Baker, Catherine Halligan, James Metcalf, Alan Murray, Thomas Schmitt, Nadia Shouraboura, and Suzanne Wood. The volume is 675 shares for Geoff Drabble and Brian May, and 707 shares for the rest.
The identification code of the ordinary shares is ISIN: JE00BJVNSS43.
FERG Rankings
#528 Ranked by Stock Gains
FERG Stock Data
Industry
General Rental Centers
Sector
Real Estate and Rental and Leasing
Country
United Kingdom
City
Wokingham
About FERG
Ferguson plc (formerly Wolseley plc) is a British-American multinational plumbing and heating products distributor with its head office in Wokingham, England. Its brands include Ferguson Enterprises (in the United States).
