Grainger PLC Announces Director Share Dealings
Why we think this is neutral
This RNS announcement is related to director share dealings, which does not fall under the mandatory news types that require detailed analysis. The announcement provides details on the exercise of nil-cost options and subsequent sale of shares by the CEO to meet tax liabilities, which is a routine transaction.
Key Points
- CEO Helen Gordon exercised 307,992 nil-cost options under the 2017 LTIP
- 159,599 shares were sold to meet tax liabilities
- Remaining 148,393 shares were retained by the CEO
Summary
The real estate company announces share dealings by its CEO.
Grainger plc (GRI) has announced that its CEO, Helen Gordon, has exercised 307,992 nil-cost options under the company's 2017 Long Term Incentive Plan and subsequently sold 159,599 shares to meet income tax and national insurance liabilities. The remaining 148,393 shares have been retained by the CEO.
DIRECTOR DEALINGS