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LONDON - Three senior executives at Howden Joinery Group PLC (LSE:HWDN) purchased ordinary shares through the company's Share Incentive Plan (SIP) on Tuesday, according to a regulatory filing released Thursday.
Chief Executive Officer Andrew Livingston acquired 19 shares at 787 pence each, for a total value of £149.53. Two other persons discharging managerial responsibilities (PDMRs) also participated in the transaction, with Austin Cooke purchasing 13 shares worth £102.31 and Julian Lee acquiring 19 shares valued at £149.53.
The transactions were executed on November 19 on the London Stock Exchange as part of the company's Share Incentive Plan, which allows eligible employees to purchase partnership shares from their gross pay either as a lump sum or through monthly contributions.
The notification was made in accordance with UK Market Abuse Regulation requirements, as stated in the company's press release. The purchases represent routine participation in the company's employee share program rather than significant changes in executive holdings.
Howden Joinery Group, a UK-based company, specializes in kitchen and joinery products. The company's shares closed at 787 pence on the day of the transaction.
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