Grant of Options & PDMR Dealings
Grainger plc announced the grant of 753,873 ordinary share options under its Save As You Earn scheme on July 6, 2026, at a price of £1.32 per share. These options are split between 473,845 for three-year savings contracts and 280,028 for five-year contracts. Notably, several persons discharging managerial responsibilities (PDMRs), including the CEO and CFO, participated in this grant, receiving 13,787 and 23,143 options respectively, among others. The options are exercisable between September 2029 and March 2030 for the three-year contracts, and September 2031 and March 2032 for the five-year contracts, with exercise funded by accumulated savings.
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Following new invitations to participate in the Company's established SAYE Scheme, which is approved by H.M. Revenue and Customs (the "SAYE Scheme" or the "Scheme"), the Company provides the following update.
Pursuant to the SAYE Scheme, certain employees have elected to participate in either the three-year or five-year savings contracts offered under the Scheme. As a result, options over a total of 753,873 ordinary shares of 5 pence each in the Company ("SAYE Options") were granted on 6 July 2026 at a price of £1.32 per share, calculated in accordance with the rules of the SAYE Scheme. Of the total SAYE Options granted, 473,845 relate to the three-year savings contract and 280,028 relate to the five-year savings contract.
The following persons discharging managerial responsibility ("PDMRs") have elected to participate in the SAYE Scheme and their SAYE Options are included in the total figures above.
| Name | Position | Savings term | Number of SAYE Options |
|---|---|---|---|
| Helen Gordon | Chief Executive Officer/Director | 3-years | 13,787 |
| Robert Hudson | Chief Financial Officer/Director | 5-years | 23,143 |
| Michael Keaveney | Director of Land and Development / PDMR | 3-years | 13,787 |
| Eliza Pattinson | Director of Operations and Asset Management / PDMR | 3-years | 11,030 |
| David Prescott | Deputy Chief Financial Officer/PDMR | 5-years | 23,143 |
Subject to the rules of the SAYE Scheme, the SAYE Options granted under the three-year savings contract are exercisable between 1 September 2029 and 1 March 2030 and the SAYE Options granted under the five-year savings contract are exercisable between 1 September 2031 and 1 March 2032. The exercise of the SAYE Options is not dependent upon the satisfaction of performance criteria and participants who choose to exercise their entitlements pursuant to the rules of the SAYE Scheme will meet the obligation to pay for the exercise of the SAYE Options out of funds they have paid into the SAYE Scheme prior to such exercise. Participants in the SAYE Scheme may opt to withdraw from the SAYE Scheme and recover their accumulated savings prior to that time.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Names | Helen Gordon | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer/Director | ||||
| b) | Initial notification | Initial Notification | ||||
| a) | Name | Grainger plc | ||||
| b) | LEI | 2138007CEIRKZMNI2979 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each in Grainger plc | ||||
| b) | Identification code | GB00B04V1276 | ||||
| c) | Nature of the transaction | Grant of options under the 3-year Grainger plc Save As You Earn Scheme 2026 | ||||
| d) | Price and volumes |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Price Aggregate Volume N/A N/A | ||||
| e) | Date of the transaction | 6 July 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Names | Robert Hudson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer/Director | ||||
| b) | Initial notification | Initial Notification | ||||
| a) | Name | Grainger plc | ||||
| b) | LEI | 2138007CEIRKZMNI2979 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each in Grainger plc | ||||
| b) | Identification code | GB00B04V1276 | ||||
| c) | Nature of the transaction | Grant of options under the 5-year Grainger plc Save As You Earn Scheme 2026. | ||||
| d) | Price and volumes |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Price Aggregate Volume N/A N/A | ||||
| e) | Date of the transaction | 6 July 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Names | Michael Keaveney | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director of Land and Development /PDMR | ||||
| b) | Initial notification | Initial Notification | ||||
| a) | Name | Grainger plc | ||||
| b) | LEI | 2138007CEIRKZMNI2979 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each in Grainger plc | ||||
| b) | Identification code | GB00B04V1276 | ||||
| c) | Nature of the transaction | Grant of options under the 3-year Grainger plc Save As You Earn Scheme 2026 | ||||
| d) | Price and volumes |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Price Aggregate Volume N/A N/A | ||||
| e) | Date of the transaction | 6 July 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Names | Eliza Pattinson | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director of Operations and Asset Management/PDMR | ||||
| b) | Initial notification | Initial Notification | ||||
| a) | Name | Grainger plc | ||||
| b) | LEI | 2138007CEIRKZMNI2979 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each in Grainger plc | ||||
| b) | Identification code | GB00B04V1276 | ||||
| c) | Nature of the transaction | Grant of options under the 3-year Grainger plc Save As You Earn Scheme 2026 | ||||
| d) | Price and volumes |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Price Aggregate Volume N/A N/A | ||||
| e) | Date of the transaction | 6 July 2026 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Names | David Prescott | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Deputy Chief Financial Officer/PDMR | ||||
| b) | Initial notification | Initial Notification | ||||
| a) | Name | Grainger plc | ||||
| b) | LEI | 2138007CEIRKZMNI2979 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 5p each in Grainger plc | ||||
| b) | Identification code | GB00B04V1276 | ||||
| c) | Nature of the transaction | Grant of options under the 5-year Grainger plc Save As You Earn Scheme 2026 | ||||
| d) | Price and volumes |
| ||||
| d) | Aggregated information - Aggregated volume - Price | Price Aggregate Volume N/A N/A | ||||
| e) | Date of the transaction | 6 July 2026 | ||||
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.