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LONDON - Howden Joinery Group PLC (LSE:HWDN) has reported that three of its top executives acquired shares in the company on February 19, 2025, as part of its Share Incentive Plan (SIP). The transactions were conducted on the London Stock Exchange (LON:LSEG).
The company’s CEO, William Andrew Livingston, CFO, Paul Hayes, and another person discharging managerial responsibilities (PDMR), George Julian Lee, each purchased 18 ordinary shares at a price of 831.0 pence per share. The shares acquired by each of the PDMRs amounted to a total value of GBP 149.58.
The Share Incentive Plan allows eligible employees to purchase shares with their gross pay, either as a lump sum or through monthly contributions. The purpose of the SIP is to encourage a sense of ownership among the company’s employees and align their interests with those of the shareholders.
This notification of transactions by PDMRs is in compliance with the UK Market Abuse Regulation (MAR), which mandates the disclosure of dealings by persons with managerial responsibilities.
The information provided in this article is based on a press release statement issued by Howden Joinery Group PLC.
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