Director/PDMR Shareholding | RNS | Ticker

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Director/PDMR Shareholding

RNS Announcement

RNS Number : 8667H

Howden Joinery Group PLC

27 March 2020

HOWDEN JOINERY GROUP PLC

(the "Company")

NOTIFICATION OF TRANSACTION IN SHARES BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

2019 Deferred Bonus Arrangements

The Company has been notified that on 26 March 2020 the following Persons Discharging Managerial Responsibility ("PDMRs") acquired, through the London Stock Exchange (XLON), the number of ordinary shares of 10 pence ("Shares") listed in the table below at a price of 501.30 pence per Share under the Company's deferred bonus arrangements.

Name of Executive Director or PDMR	Number of Shares purchased
Andrew Livingston	20,242
Mark Robson	15,816
Clive Cockburn	7,583
Robert Fenwick	9,042
Andrew Gault	7,899
Gareth Hopkins	9,443
Theresa Keating	7,899
Mark Slater	5,864
Andrew Witts	10,046

The deferral period of the purchased Shares is two years from the date of purchase.

2018 Deferred Bonus Arrangements

The Company announces that on 26 March 2020 a proportion of the Shares deferred under the Company's 2018 deferred bonus arrangements were released to the Executive Directors and certain PDMRs. The amounts released are detailed below in the third column:

Name of Executive Director or PDMR	Number of Shares purchased on 26/03/2019	Number of Shares released on 26/03/2020	Shares to remain restricted until 26/03/2021
Andrew Livingston	6,655	3,327	3,328
Mark Robson	5,746	2,873	2,873
Clive Cockburn	2,687	1,343	1,344
Robert Fenwick	3,561	1,780	1,781
Andrew Gault	2,084	1,042	1,042
Gareth Hopkins	3,431	1,715	1,716
Theresa Keating	2,818	1,409	1,409
Andrew Witts	3,561	1,780	1,781

The Notification of Dealing Forms for the above transactions may be found below. These notifications are provided in accordance with the requirements of the EU Market Abuse Regulation.

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Andrew Livingston

Reason for the notification

Position/status

Chief Executive Officer

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	3,327	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	3,327	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	20,242	GBP 101,473.15
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	20,242	GBP 101,473.15

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Mark Robson

Reason for the notification

Position/status

Deputy Chief Executive and Chief Financial Officer

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	2,873	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	2,873	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	15,816	GBP 79,285.61
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	15,816	GBP 79,285.61

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Clive Cockburn

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	1,343	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	1,343	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	7,583	GBP 38,013.58
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	7,583	GBP 38,013.58

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Robert Fenwick

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	1,780	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	1,780	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	9,042	GBP 45,327.55
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	9,042	GBP 45,327.55

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Andrew Gault

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	1,042	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	1,042	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	7,899	GBP 39,597.69
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	7,899	GBP 39,597.69

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Gareth Hopkins

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	1,715	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	1,715	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	9,443	GBP 47,337.76
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	9,443	GBP 47,337.76

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Theresa Keating

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	1,409	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	1,409	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	7,899	GBP 39,597.69
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	7,899	GBP 39,597.69

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Andrew Witts

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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

Nature of transaction	Release of ordinary shares deferred under the Company's 2018 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	Outside a trading venue
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP nil	1,780	n/a
Aggregated information	Price(s)	Aggregated Volume	Total
Aggregated information	GBP nil	1,780	n/a

Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	10,046	GBP 50,360.60
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	10,046	GBP 50,360.60

NOTIFICATION OF DEALING FORM

Details of the person discharging managerial responsibilities / person closely associated

Name

Mark Slater

Reason for the notification

Position/status

PDMR

Initial notification/ Amendment

Initial notification

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

Name

Howden Joinery Group plc

LEI

213800KC1LJOJTY3JP45

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


Nature of transaction	Purchase of shares under the Company's 2019 deferred bonus arrangements.
Description/type of Financial Instrument	Identification code	Date of transaction	Place of transaction
Ordinary shares of 10 pence each	GB0005576813	2020-03-26	London Stock Exchange (XLON)
Individual transactions	Price(s)	Volume(s)	Total
Individual transactions	GBP 5.013	5,864	GBP 29,396.23
Aggregated information	Price	Aggregated Volume	Total
Aggregated information	GBP 5.013	5,864	GBP 29,396.23

Enquiries

Forbes McNaughton, Company Secretary: 020 7535 1137

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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RNS metadata

Title: Director/PDMR Shareholding
Time: 10:30:05
Date: 27 Mar 2020
Category: Director/PDMR dealings
ID: 8667H