Last checked at 11 Dec 2009 16:39
SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
All relevant boxes should be completed in block capital letters
| 1 | Name of the Issuer Grafton Group plc | 2 | State whether the notification relates to: a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii). Notification made in accordance with (i) and (ii) above in capacity as Trustees of Grafton Group Share Participation Scheme. |
| 3 | Name of person discharging managerial responsibilities/director Michael Chadwick and Colm ó Nualláin | 4 | State whether notification realties to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person Not applicable |
| 5 | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest Notification made in capacity as Trustees of Grafton Group Share Participation Scheme. | 6 | Description of shares (including class) debentures or derivatives or financial instruments relating to shares Grafton Units |
| 7 | Name or registered shareholder(s) and, if more than one, number of shares held by each of them Crescent Trust Co., + Michael Chadwick + Colm ó Nualláin + Aidan O'Mara as Trustees of the Grafton Group Share Participation Scheme | 8 | State the nature of the transaction Sale of 104 Grafton Units by the Trustees of the Grafton Group Share Participation Scheme on the instruction of an employee who is the beneficial owner of the Units. |
| 9 | Number of shares, debentures or financial instruments relating to shares acquired | 10 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) |
| 11 | Number of shares, debentures or financial instruments relating to shares disposed 104 Units | 12 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.000045% |
| 13 | Price per share or value of transaction €2.896 per Grafton Unit | 14 | Date and place of transaction 11 December 2009, Dublin |
| 15 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage). Michael Chadwick 19,656,921 Grafton Units - 8.52% Non-beneficial: As Trustee of family Trust - 2,986,560 Grafton Units. As nominee - 178,640 Grafton Units. As Trustee of Grafton Group plc Share Participation Scheme - 1,582,537 Grafton Units - 0.69%. Colm ó Nualláin 1,141,759 Grafton Units - 0.5% Non-beneficial: As Trustee of Grafton Group plc Share Participation Scheme - 1,582,537 Grafton Units - 0.69%. | 16 | Date issuer informed of transaction 11 December 2009 |
If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:
| 17 | Date of grant | 18 | Period during which or date on which it can be exercised |
| 19 | Total amount paid (if any) for grant of the option | 20 | Description of shares or debentures involved (class and number) |
| 21 | Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise | 22 | Total number of shares or debentures over which options are held following notification |
| 23 | Any additional information | 24 | Name of contact and telephone number for queries |
| Name and signature of authorised officer of issuer responsible for making notification Susan Carroll - Assistant Company Secretary _________________________________________________ Date of notification 11 December 2009 |
Notes: This form is intended for use by an issuer to make a RIS notification required by [the Market Abuse Rules1 and] section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with section 59 of the Companies Act 1990.
An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24
An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
This announcement has been issued through the Companies Announcement Service of
the Irish Stock Exchange.
1 Please note that the requirement to make a notification under the Market Abuse Rules does not apply until 1 October 2005. Schedule 11 may be subject to amendment prior to 1 October 2005 to bring it in line with the Financial Regulator's 'Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons' under the Market Abuse Disclosure Rules.