The Berkeley Group Holdings plc (the "Company")
Transactions in Own Shares and Notification of Transactions of Directors/PDMR and Connected Persons
The Company announces that, on 2 July 2015, it purchased the following number of its ordinary shares of 5 pence each. The Company placed these shares into Treasury and they will be used to satisfy the grant of shares set out below.
Date of purchase: 2 July 2015
Number of ordinary shares purchased: 141,564
Highest price paid per share: 3410 pence
Lowest price paid per share: 3362 pence
Volume weighted average price paid per share: 3395.0029 pence
In addition, the Company notifies that, following the announcement of the results for the year ended 30 April 2015, the Remuneration Committee has granted 141,564 shares under the 2010 Bonus Plan.
The 2010 Bonus Plan was a five year plan with the last year of operation being the year ended 30 April 2015. In line with the Plan rules, 100% of the balance of the relevant participant's plan account is paid following the contribution for the financial year ended 30 April 2015.
The Remuneration Committee has determined in accordance with the normal operation of the Plan and the rules that 50% of the final payment will be made in shares. The table below sets out the number of shares net of tax and NI that will be granted to the Executive Directors on 6 July 2015.
Executive Director |
Number of Shares Granted |
A W Pidgley |
62,646 |
R C Perrins |
36,492 |
G J Fry |
14,396 |
K Whiteman |
13,006 |
S Ellis |
15,024 |
Full details of the final 2010 Bonus Plan payments will be disclosed in the 2014/15 Directors' Remuneration Report.
As at 6 July 2015, the Executive Directors will own the following number of ordinary shares in the Company:
Name of Director |
Total Holding following Notification |
Total Percentage Holding following Notification |
A W Pidgley |
a) 6,093,770 (Beneficial) b) 19,183 (non-Beneficial) c) 337,029 (Mrs S J Pidgley) |
a) 4.459% b) 0.014% c) 0.247% |
R C Perrins |
a) 1,181,048 (R.C Perrins) b) 317,236 (Mrs V W Perrins) |
a) 0.864% b) 0.232% |
G J Fry |
a) 1,257,452 |
a) 0.920% |
K Whiteman |
a) 93,566 |
a) 0.068% |
S Ellis |
a) 72,053 |
a) 0.053% |
Following the grant of these shares the Company does not hold any shares in Treasury and has 136,657,183 ordinary shares in issue.
3 July 2015
E A Driver
Company Secretary
For further information please contact:
Novella Communications
Tim Robertson
T: 020 3151 7008
