TPK.L

Travis Perkins Plc
Travis Perkins PLC - Director/PDMR Shareholding
23rd June 2025, 08:44
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RNS Number : 9606N
Travis Perkins PLC
23 June 2025
 

 

 

2025 PSP Awards

 

The Company announces that on 19 June 2025 ("Grant Date"), awards in respect of ordinary shares of 11.205105p each in the Company ("Shares") were granted by way of conditional awards under the Travis Perkins Plc Performance Share Plan ("PSP") to the Company's Chief Financial Officer, Duncan Cooper ("CFO"), as follows:

 

Name

Status

Type of Awards

Number of conditional awards

Duncan Cooper

PDMR

2025 PSP Awards

214,592

 

The number of Shares subject to the conditional awards has been calculated using a share price of £6.208 (being the average market price of the Shares over the three dealing days immediately preceding the Grant Date).  No consideration was paid for the grant of the awards.  In the event that dividends are paid in the period between grant and the end of the holding period (described below), the number of awards will be increased to reflect the dividends that would have accrued had they been reinvested in shares. 

 

The  awards are subject to performance conditions.  Performance will be measured over a three-year period (2025-2027) and the awards will then vest to the extent the performance conditions are met.  A two-year post-vesting holding period will apply to vested shares. More detail can be found in the Travis Perkins Annual Report and Accounts 2024 and in the Company's Directors remuneration policy available at www.travisperkinsplc.co.uk/about-us/governance/, and the full rules of the PSP are available on the national storage mechanism.

 

The Notification of Dealing Forms for the PDMR can be found below. This announcement is made in accordance with the requirements of the UK Market Abuse Regulation.

 

For further information please contact:

 

 

Kanchan Limaye

Company Secretariat Assistant

 +44 (0) 7570 558431

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/ person closely associated 

a)

Name

Duncan Cooper

2

Reason for the notification

a)

Position/Status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer

or auction monitor

a)

Name

Travis Perkins plc

b)

LEI

2138001I27OUBAF22K83

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 transaction have been

conducted

a)

Description of the financial

instrument,

type of instrument

Identification code

Ordinary Shares of 11.205105 pence each

 

ISIN: GB00BK9RKT01

b)

Nature of the transaction

Conditional awards over ordinary shares of 11.205105 pence each granted under the Company's Performance Share Plan at nil cost.

c)

Price(s) and volume (s)



Price(s)

Volume(s)

NIL

214,592

d)

Aggregated information

 

 

-Aggregated volume

 

-Price




Aggregate

Price

Aggregate

Volume

Aggregate

Total

n/a

n/a

n/a

e)

Date of the transaction

 19 June 2025

f)

Place of the transaction

Outside a trading venue

 

 

 

 

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