3 April 2023
Persimmon Plc (the "Company")
Director/PDMR Shareholding
Persimmon Plc announces that on 31 March 2023 awards were granted to Dean Finch, Group Chief Executive, and Jason Windsor, Chief Financial Officer, for 42,796 and 34,159 shares respectively, under the Persimmon 2020 Deferred Bonus Plan. These awards are for the deferred element of Dean Finch's and Jason Windsor's 2022 annual bonus and will ordinarily vest after a 3 year period ending on the announcement of the Group's 2025 results.
In the case of Jason Windsor, this includes the deferred element of his bonus for the proportion of 2022 prior to his joining Persimmon. As reported in the Persimmon Directors' Remuneration Report for the year ended 31 December 2022, the value of this buy-out bonus was not known at the time the Persimmon Directors' Remuneration Report was published.
The below notification, made in accordance with the requirements of article 19.3 of the UK Market Abuse Regulation, gives further details:
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name | Dean Finch | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Group Chief Executive | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Persimmon Plc | |||
| b)
| LEI
| 213800XI72Y57UWN6F31 | |||
| 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
| ||||
| | Transaction 1 | | |||
| a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
| | | ||||
| Identification code | GB0006825383 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of award made under the 2020 Deferred Bonus Plan for the deferred element of Dean Finch's 2022 annual bonus, which will ordinarily vest after a 3-year period ending on the announcement of the Group's 2025 results.
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 42,796 | | |
| | |
| | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A Single transaction | ||||
| | | ||||
| - Price | N/A Single transaction | ||||
| | | ||||
| e)
| Date of the transaction
| 31 March 2023 | |||
| f) | Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name | Jason Windsor | |||
| 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
| Persimmon Plc | |||
| b)
| LEI
| 213800XI72Y57UWN6F31 | |||
| 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
| ||||
| | Transaction 1 | | |||
| a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10p each | |||
| | | ||||
| Identification code | GB0006825383 | ||||
| | | ||||
| b)
| Nature of the transaction
| Grant of award made under the 2020 Deferred Bonus Plan for the deferred element of Jason Windsor's 2022 annual bonus, which will ordinarily vest after a 3-year period ending on the announcement of the Group's 2025 results.
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 34,159 | | |
| | |
| | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A Single transaction | ||||
| | | ||||
| - Price | N/A Single transaction | ||||
| | | ||||
| e)
| Date of the transaction
| 31 March 2023 | |||
| f) | Place of the transaction
| Outside a trading venue | |||
Tracy Davison
Company Secretary
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