Exhibit 99.2
Appendix 3Y
Change of Director’s Interest Notice
Rule 3.19A.2
Appendix 3Y
Change of Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11
| Name of entity | James Hardie Industries plc
| |
| ARBN | 097 829 895
|
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | Louis GRIES
| |
| Date of last notice | 11 June 2014
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Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Direct or indirect interest
|
Direct
| |
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
|
Not applicable
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| Date of change |
17 September 2014
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| No. of securities held prior to change |
— 493,248 ordinary shares/CUFS registered in the name of the Director (of which 5,910 are subject to a holding lock until 7 June 2015, 79,241 are in a holding lock until 18 March 2016 and 21,747 are in a holding lock until 6 June 2016).
| |
| Class | Ordinary shares/CUFS
| |
| Number acquired | 23,761 ordinary shares/CUFS following vesting of Relative TSR Restricted Stock Units (Relative TSR RSUs).
| |
| Number disposed | 20,740 ordinary shares/CUFS sold
|
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
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Change of Director’s Interest Notice
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation
|
— Vesting of Relative TSR RSUs – Nil; and — Sale of ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs -$255,246.43.
| |
| No. of securities held after change | Current relevant interest is:
— 496,269 ordinary shares/CUFS registered in the name of the Director (of which 5,910 are subject to a holding lock until 7 June 2015, 79,241 are in a holding lock until 18 March 2016, 21,747 are in a holding lock until 6 June 2016 and 3,021 are in a holding lock until 17 September 2016).
|
+ See chapter 19 for defined terms.
| Appendix 3Y Page 2 | 01/01/2011 |
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Change of Director’s Interest Notice
| Nature of change | ||
| Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
|
Two separate events:
— 23,761 ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs.
— The on-market sale of ordinary shares/CUFS issued pursuant to vesting of Relative TSR RSUs.
¡ The
disposal of some of the shares is ¡ 75% of
the remaining shares were sold ¡ 25% of
the remaining shares have
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Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
| Detail of contract
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Not applicable
| |||
| Nature of interest
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Restricted Stock Units (RSUs) are contractual entitlements to issued ordinary shares/CUFS upon satisfaction of certain conditions.
| |||
| Name of registered holder (if issued securities)
|
Not applicable | |||
+ See chapter 19 for defined terms.
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Change of Director’s Interest Notice
| Date of change
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Two separate events — 16 September 2014 (US time) – Grant of RSUs — 17 September 2014 – Vesting and cancellation of RSUs
| |||
| No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
|
— 1,455,866 Relative TSR RSUs; and — 563,309 ROCE RSUs. | |||
| Interest acquired
|
Two separate grants of RSUs, as part of the FY2015 long-term incentive to the CEO pursuant to the 2006 Plan, approved by shareholders at the 2014 Annual General Meeting:
— 260,346 Relative TSR RSUs. These RSUs are subject to a TSR based hurdle measured over a performance period of 3 to 4.5 years from the grant date; and — 232,980 ROCE RSUs. These RSUs are subject to a ROCE hurdle based on the company’s average ROCE performance in FY2015-2017 and the Remuneration Committee’s exercise of negative discretion three years from the grant date.
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| Interest disposed
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23,761 Relative TSR RSUs vested on 17 September 2014.
127,292 Relative TSR RSUs were cancelled on 17 September 2014 as the performance conditions for vesting were not met upon the final re-test.
| |||
| Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
|
No cash consideration was paid to exercise the RSUs. | |||
| Interest after change | Current interests in contracts:
— 1,565,159 Relative TSR RSUs; and — 796,289 ROCE RSUs.
| |||
Part 3 – +Closed period
| Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?
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No | |
| If so, was prior written clearance provided to allow the trade to proceed during this period?
|
Not applicable |
+ See chapter 19 for defined terms.
| Appendix 3Y Page 4 | 01/01/2011 |
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Change of Director’s Interest Notice
| If prior written clearance was provided, on what date was this provided?
|
Not applicable |
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 5