Director/PDMR Shareholding
Fuller, Smith & Turner PLC announced that on June 19, 2026, Executive Directors and PDMRs received shares under the LTIP for nil consideration, with vested awards from 2021 and 2023 plans being released. These individuals subsequently sold "A" Ordinary Shares at £7.066141 and "B" Ordinary Shares at £0.7066141 to cover tax liabilities, with some selling additional shares. The details of these transactions, including volumes and aggregated prices, are provided for each director and PDMR involved.
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24-Jun-2026 / 07:00 GMT/BST
Fuller, Smith & Turner P.L.C.
(“the Company”)
Director/PDMR Shareholdings
The Company announces that, on 19 June 2026, the Executive Directors and other persons discharging managerial responsibilities (“PDMRs”) received shares for nil consideration following the release of vested awards under the Fuller, Smith & Turner P.L.C. Long-Term Incentive Plan (“LTIP”), as summarised below and detailed in the PDMR Notifications that follow.
Recovery LTIP awards granted on 29 September 2021 over a combination of “A” Ordinary Shares of 40p each (“A” Shares) and “B” Ordinary Shares of 4p each (“B” Shares), which vested on 9 May 2024, were released following the end of a two-year post-vesting holding period; and
2023 LTIP awards granted on 25 July 2023 over a combination of “A” Shares and “B” Shares vested in full on 7 May 2026 following the Remuneration Committee’s determination that the EPS performance condition had been satisfied above the maximum target, and were released.
In respect of both awards, “A” Shares were satisfied by transfer from Treasury and the “B” Shares by transfer from the Fuller, Smith & Turner Employee Share Trust 1998.
On 19 June 2026, Executive Directors and PDMRs sold “A” Shares and/or “B” Shares to satisfy tax liabilities arising on the release of Shares. “A” Shares were sold at £7.066141 per share and “B” Shares at £0.7066141 per share. Certain individuals also sold additional shares at the same price, as detailed in the PDMR Notifications below.
Details of the vested awards were disclosed in the Company’s 2026 Annual Report and Accounts.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Simon Emeny | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Chairman | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | Release of vested Recovery LTIP award following the end of a two-year holding period; and Sale of Shares to cover tax. | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 34,788 Nil 86,971 Nil Tax sale 11,800 £7.066141 86,971 £0.7066141
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 34,788 Nil 86,971 Nil Tax sale 11,800 £83,380.45 86,971 £61,454.93 | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Neil Smith | |
| 2. | Reason for the notification | ||
| a) | Position/status | Finance Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | Release of vested Recovery LTIP award following the end of a two-year holding period; and Sale of Shares to cover tax. | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 18,635 Nil 46,589 Nil Tax sale 6,321 £7.066141 46,589 £0.7066141
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 18,635 Nil 46,589 Nil Tax sale 6,321 £44,665.08 46,589 £32,920.44 | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Frederick Turner | |
| 2. | Reason for the notification | ||
| a) | Position/status | Chief Operating Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | a. Release of vested Recovery LTIP award following the end of a two-year holding period; and b. Sale of Shares to cover tax. | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 13,915 Nil 34,788 Nil Tax sale 8,217 £7.066141 - -
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 13,915 Nil 34,788 Nil Tax sale 8,217 £58,062.48 - - | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Dawn Browne | |
| 2. | Reason for the notification | ||
| a) | Position/status | Chief People Officer | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | a. Release of vested Recovery LTIP award following the end of a two-year holding period; b. Sale of Shares to cover tax; and c. Sale of 50% of post-tax Shares | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 5,218 Nil 13,045 Nil Tax sale 1,770 £7.066141 13,045 £0.7066141 c. Further sale 1,724 £7.066141 - -
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 5,218 Nil 13,045 Nil Tax sale 1,770 £12,507.07 13,045 £9,217.78 c. Further sale 1,724 £12,182.03 - - | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Peter Turner | |
| 2. | Reason for the notification | ||
| a) | Position/status | Property Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | a. Release of vested Recovery LTIP award following the end of a two-year holding period; and b. Sale of Shares to cover tax. | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 5,218 Nil 13,045 Nil Tax sale 3,081 £7.066141 - -
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 5,218 Nil 13,045 Nil Tax sale 3,081 £21,770.78 - - | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Peter Turner | |
| 2. | Reason for the notification | ||
| a) | Position/status | Property Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | a. Release of 2023 LTIP following satisfaction of the relevant performance condition at the maximum level; and b. Sale of Shares to cover tax. | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 17,173 Nil 42,934 Nil Tax sale 10,140 £7.066141 - -
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 17,173 Nil 42,934 Nil Tax sale 10,140 £71,650.67 - - | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Samantha Bourke | |
| 2. | Reason for the notification | ||
| a) | Position/status | Marketing Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | a. Release of 2023 LTIP following satisfaction of the relevant performance condition at the maximum level; b. Sale of Shares to cover tax; and c. Further sale | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 15,225 Nil 38,063 Nil Tax sale 5,165 £7.066141 38,063 £0.7066141 c. Further sale 10,060 £7.066141 - -
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 15,225 Nil 38,063 Nil Tax sale 5,165 £36,496.62 38,063 £26,895.85 Further sale 10,060 £71,085.38 - - | |
| e) | Date of the transaction | 19 June 2026 19 June 2026 19 June 2026 | |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Carrie Joslin | |
| 2. | Reason for the notification | ||
| a) | Position/status | Food & Drink Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Fuller, Smith & Turner P.L.C. | |
| b) | LEI | 213800C7ACOFMRCQQW76 | |
| a) | Description of the financial instrument, type of instrument Identification code | “A” Ordinary Shares of 40p each “B” Ordinary Shares of 4p each “A” Ordinary Shares - GB00B1YPC344 “B” Ordinary Shares- unlisted | |
| b) | Nature of the transaction | a) Release of 2023 LTIP following satisfaction of the relevant performance condition at the maximum level; and b) Sale of Shares to cover tax. | |
| c) | Price(s) and volume(s) | Price | Volume |
“A” Shares Price per Share “B” Shares Price per Share Release 9,356 Nil 23,390 Nil Tax sale 3,174 £7.066141 23,390 £0.7066141
| d) | Aggregated information | “A” Shares Aggregated Price “B” Shares Aggregated Price Release 9,356 Nil 23,390 Nil Tax sale 3,174 £22,427.93 23,390 £16,527.70 |
| e) | Date of the transaction | 19 June 2026 19 June 2026 |
| f) | Place of the transaction | London Stock Exchange (XLON) (“A” Shares) Outside a trading venue (“B” Shares) |
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