Last checked at 11 Apr 2013 09:15
Notification of transactions of Directors/Persons Discharging Managerial Responsibilities
Wolseley plc (the "Company") announces the following change in the interests in the ordinary shares of 10 5/11 pence each in the share capital of the Company (the "Shares").
Following receipt by the Company of an application from an employee relating to the exercise of options under the Wolseley Share Option Plan 2003 ("the Plan"), the Company chose to net settle certain of the options by delivering Shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option Shares).
The following Director/Person Discharging Managerial Responsibility exercised options under the Plan on 10 April 2013. The table below shows the number of options exercised, the total Shares received following net settlement and the number of Shares sold to satisfy payment of income tax and dealing fees.
The options vesting under the Plan were exercised at an option price of £12.69. The price for disposal of Shares was £31.25.
Director/PDMR
| No. of options exercised
| Total Shares following net settlement | No. of Shares disposed | Total holding of ordinary Shares as at 10 April 2013 following transaction | Shareholding as percentage of the issued ordinary share capital |
CHARLES MORRISON (PDMR) | 24,268 | 14,413 | 6,798 | 12,137 | 0.0044% |
The transaction took place on 10 April 2013 in the United Kingdom and the Company was informed on that date.
Wolseley plc
Richard Shoylekov
+41 41 723 22 30