1 October 2024
The Berkeley Group Holdings
plc
(the
Company)
Transactions of persons
discharging managerial responsibilities
Directors' Beneficial Shareholdings
On 30 September 2024, options to
acquire Shares granted under the 2011 LTIP vested.
The Company was notified on 30
September 2024 that the Directors detailed below had exercised
their options to acquire Shares at an option exercise price of
£5.303 per Share. The Company was also notified on 30 September
2024 that The Berkeley Group Holdings plc Employee Benefit Trust
(the EBT) had transferred Shares to those Directors net of the
option exercise price and employee's income tax and national
insurance contributions as detailed in the table below.
Vesting of 2011 LTIP
|
Name of Director
|
Number of Shares received following
exercise of Option
|
Percentage of Issued Share
Capital
|
Total Beneficial Holding following
Notification
|
Percentage of Issued Share Capital
held beneficially following Notification
|
|
R C Perrins
|
a) 81,108[1]
|
a) 0.0794%
|
a) 739,784 (R C Perrins)
b) 409,981 (Mrs V W
Perrins)
|
a) 0.7241%
b) 0.4013%
|
|
R J Stearn
|
a) 31,0542
|
a) 0.0304%
|
a) 138,431 (R J Stearn)
b) 122,921 (Mrs J P
Stearn)
|
a) 0.1355%
b) 0.1203%
|
[1] R C
Perrins subsequently transferred 81,108 of the Shares to his
spouse, Mrs V W Perrins.
2 R J Stearn subsequently transferred 27,949 of the resultant
Shares to his spouse, Mrs J P Stearn.
Vested options can be exercised up to
and including 4 September 2026 subject to the rules of the 2011
LTIP.
The Company was also notified on 30
September 2024 that, in accordance with the rules of the 2011 LTIP
permitting 10% of Shares acquired on exercise of options to be sold
each year, one Director had sold Shares following the exercise of
their options as specified in the table below. The Shares were sold
on 30 September 2024 at a price of £47.198178 per Share.
|
Name of Director
|
Number of Shares sold
|
Percentage of Issued Share
Capital
|
Total Beneficial Holding following
Notification
|
Percentage of Issued Share Capital
beneficially held following Notification
|
|
R J Stearn
|
a) 3,105
|
a) 0.0030%
|
a) 135,326 (R J Stearn)
b) 122,921 (Mrs J P
Stearn)
|
a) 0.1325%
b) 0.1203%
|
Sale of Shares by a Director of the
Company
The Company was also notified that on
30 September 2024 the following transaction was undertaken by one
Director of the Company. These Shares were owned prior to today's
vesting under the 2011 LTIP and are free of any sale
restrictions.
|
Name of Director / PCA
|
Number of Shares sold
|
Percentage of Issued Share
Capital
|
Total Holding following
Notification
|
Percentage of Issued Share Capital
held following Notification
|
|
a) R J Stearn
b) J P Stearn
|
a) 17,000
b) 25,000
|
a) 0.0166%
b) 0.0245%
|
a) 118,326 (R J Stearn)
b) 97,921 (Mrs J P
Stearn)
|
a) 0.1158%
b) 0.0958%
|
The Shares were sold on 30 September
2024 at £47.4845 per Share.
The information set out above is
provided in accordance with the requirements of Article 19(3) of
the UK Market Abuse Regulation.
For
further information please contact:
Novella Communications
Tim Robertson
T: 020 3151 7008
Victoria Mee
Company Secretary
The Berkeley Group Holdings
plc
Tel: 01932 868555
LEI: 2138009OQSSLVVHQAL78
The notification set out below is
provided in accordance with the requirements of the UK Market Abuse
Regulation
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Robert Perrins
|
|
2.
|
Reason for the notification
|
|
a)
|
Position / status
|
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
|
The Berkeley Group Holdings
plc
|
|
b)
|
LEI
|
2138009OQSSLVVHQAL78
|
|
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
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification Code
|
Ordinary Shares of 5.6110477936
pence each
ISIN: GB00BP0RGD03
|
|
b)
|
Nature of the
transaction(s)
|
1. Exercise of options
over Ordinary Shares of 5.6110477936 pence each which vested under
The Berkeley Group Holdings plc 2011 Long Term Incentive Plan
resulting in the acquisition of Ordinary Shares net of the exercise
price of £5.303 per Ordinary Share and employee's income tax and
national insurance contributions.
2. Transfer of Ordinary
Shares of 5.6110477936 pence to spouse, Mrs Vanessa
Perrins.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1.
Nil
2. Nil
|
1. 81,108
2. 81,108
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
n/a single transaction
|
|
e)
|
Date of the transaction
|
2024-09-30
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
The notification set out below is
provided in accordance with the requirements of the UK Market Abuse
Regulation
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mrs Vanessa Wendy Perrins
|
|
2.
|
Reason for the notification
|
|
a)
|
Position / status
|
Person Closely Associated with
Robert Perrins, 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
|
The Berkeley Group Holdings
plc
|
|
b)
|
LEI
|
2138009OQSSLVVHQAL78
|
|
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
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification Code
|
Ordinary Shares of 5.6110477936
pence each
ISIN: GB00BP0RGD03
|
|
b)
|
Nature of the
transaction(s)
|
Acquisition of 81,108 Ordinary
Shares of 5.6110477936 pence from Mr R C G Perrins, Person Closely
Associated.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
81,108
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
n/a single transaction
|
|
e)
|
Date of the transaction
|
2024-09-30
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
The notification set out below is
provided in accordance with the requirements of the UK Market Abuse
Regulation
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Richard Stearn
|
|
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
|
The Berkeley Group Holdings
plc
|
|
b)
|
LEI
|
2138009OQSSLVVHQAL78
|
|
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
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification Code
|
Ordinary Shares of 5.6110477936
pence each
ISIN: GB00BP0RGD03
|
|
b)
|
Nature of the
transaction(s)
|
1. Exercise of options
over Ordinary Shares of 5.6110477936 pence each which vested under
The Berkeley Group Holdings plc 2011 Long Term Incentive Plan
resulting in the acquisition of Ordinary Shares net of the exercise
price of £5.303 per Ordinary Share and employee's income tax and
national insurance contributions.
2. Sale of Ordinary
Shares by Mr Richard Stearn
3. Transfer of Ordinary
Shares of 5.6110477936 pence each to spouse, Mrs Jennifer
Stearn.
4. Sale of Ordinary
Shares by Mr Richard Stearn
5. Sale of Ordinary
Shares by Mrs Jennifer Stearn
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1. Nil
2. £47.198178
3. Nil
4. £47.4845
5. £47.4845
|
1. 31,054
2. 3,105
3. 27,949
4. 17,000
5. 25,000
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
2, 4 and 5:
45,105
£47.464790
|
|
e)
|
Date of the transaction
|
2024-09-30
|
|
f)
|
Place of the transaction
|
1. Outside a trading
venue
2. London Stock
Exchange, Main Market (XLON)
3. Outside a trading
venue
4. London Stock
Exchange, Main Market (XLON)
5. London Stock
Exchange, Main Market (XLON)
|
The notification set out below is
provided in accordance with the requirements of the UK Market Abuse
Regulation
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mrs Jennifer Patricia
Stearn
|
|
2.
|
Reason for the notification
|
|
a)
|
Position / status
|
Person Closely Associated with
Richard Stearn, 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
|
The Berkeley Group Holdings
plc
|
|
b)
|
LEI
|
2138009OQSSLVVHQAL78
|
|
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
|
|
a)
|
Description of the financial
instrument, type of instrument
Identification Code
|
Ordinary Shares of 5.6110477936
pence each
ISIN: GB00BP0RGD03
|
|
b)
|
Nature of the
transaction(s)
|
1. Acquisition of 27,949
Ordinary Shares of 5.6110477936 pence from Mr Richard J Stearn,
Person Closely Associated.
2. Sale of Ordinary
Shares by Mrs Jennifer P Stearn.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1. Nil
2. £47.4845
|
1. 27,949
2. 25,000
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
1. n/a single
transaction
2. :
25,000
£47.4845
|
|
e)
|
Date of the transaction
|
2024-09-30
|
|
f)
|
Place of the transaction
|
1. Outside a trading
venue
2. London Stock
Exchange, Main Market (XLON)
|