TIDMGPOR

RNS Number : 2956S

Great Portland Estates PLC

22 June 2018

Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

22 June 2018

As a result of achievement of the performance target relating to Performance and Matching awards made on 15 June 2015, the Directors listed below received the following number of GPE ordinary shares of 15(5) /(19) p each:

 
                                                   No. of Ordinary 
                                      shares of 15(5) /(19) p each 
 Toby Courtauld, Chief Executive                            19,130 
 Nick Sanderson, Finance Director                           12,531 
 

In order to meet the tax/NI liability of these shares, the following were sold on 21 June 2018 at a price of 713.29p per share:

 
                                                   No. of Ordinary 
                                      shares of 15(5) /(19) p each 
                                                   sold for tax/NI 
                                                          purposes 
 Toby Courtauld, Chief Executive                             8,992 
 Nick Sanderson, Finance Director                            5,890 
 
 
 1.   Details of PDMR/person closely associated with them 
       ("PCA") 
 a)   Name                             Toby Courtauld 
     -------------------------------  -------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status                  Chief Executive 
     -------------------------------  -------------------------------- 
 b)   Initial notification/amendment   Initial notification 
     -------------------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, action platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------- 
 a)   Name                             Great Portland Estates plc 
     -------------------------------  -------------------------------- 
 b)   Legal Entity Identifier          213800JMEDD2Q4N1MC42 
     -------------------------------  -------------------------------- 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of 
       transaction; (iii) each date; and (iv) each place 
       where transactions have been conducted 
     ----------------------------------------------------------------- 
 a)   Description of the financial     Ordinary shares of 15(5) /(19) 
       instrument                       p 
                                        ISIN: GB00BF5H9P87 
     -------------------------------  -------------------------------- 
 b)   Nature of the transaction        Achievement of performance 
                                        target relating to Performance 
                                        and Matching awards made on 
                                        15 June 2015 
     -------------------------------  -------------------------------- 
 
 
 c)    Price(s) and volume(s)      Price                     Volume(s) 
  Ordinary shares             Nil consideration              19,130 
 --------------------------  -----------------------------  ------------ 
 d)    Aggregated information      Aggregated volume: 19,130 
         *    Aggregated volume     Aggregated price: 0.0p 
                                    Aggregated total: 19,130 ordinary 
                                    shares 
         *    Aggregated price 
 
 
         *    Aggregated total 
      --------------------------  -------------------------------------- 
 e)    Date of transaction         21 June 2018 
      --------------------------  -------------------------------------- 
 f)    Place of the transaction    London Stock Exchange (XLON) 
      --------------------------  -------------------------------------- 
 
 
 1.    Details of PDMR/person closely associated with them 
        ("PCA") 
 a)    Name                                  Toby Courtauld 
      ------------------------------------  ---------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------ 
 a)    Position/status                       Chief Executive 
      ------------------------------------  ---------------------------------- 
 b)    Initial notification/amendment        Initial notification 
      ------------------------------------  ---------------------------------- 
 3.    Details of the issuer, emission allowance market 
        participant, action platform, auctioneer or auction 
        monitor 
      ------------------------------------------------------------------------ 
 a)    Name                                  Great Portland Estates plc 
      ------------------------------------  ---------------------------------- 
 b)    Legal Entity Identifier               213800JMEDD2Q4N1MC42 
      ------------------------------------  ---------------------------------- 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of 
        transaction; (iii) each date; and (iv) each place 
        where transactions have been conducted 
      ------------------------------------------------------------------------ 
 a)    Description of the financial          Ordinary shares of 15(5) /(19) 
        instrument                            p 
                                              ISIN: GB00BF5H9P87 
      ------------------------------------  ---------------------------------- 
 b)    Nature of the transaction             Sale of shares to meet tax/NI 
                                              liability 
      ------------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)                Price           Volume(s) 
      ------------------------------------  --------------  ------------------ 
  Ordinary shares                            713.29p         8,992 
 -----------------------------------------  --------------  ------------------ 
 d)    Aggregated information                Aggregated volume: 8,992 
         *    Aggregated volume               Aggregated price: 713.29p 
                                              Aggregated total: GBP64,138.87 
 
         *    Aggregated price 
 
 
         *    Aggregated total 
      ------------------------------------  ---------------------------------- 
 e)    Date of transaction                   21 June 2018 
      ------------------------------------  ---------------------------------- 
 f)    Place of the transaction              London Stock Exchange (XLON) 
      ------------------------------------  ---------------------------------- 
 
 
 1.    Details of PDMR/person closely associated with them 
        ("PCA") 
 a)    Name                                  Nick Sanderson 
      ------------------------------------  ------------------------------------- 
 2.    Reason for the notification 
      --------------------------------------------------------------------------- 
 a)    Position/status                       Finance Director 
      ------------------------------------  ------------------------------------- 
 b)    Initial notification/amendment        Initial notification 
      ------------------------------------  ------------------------------------- 
 3.    Details of the issuer, emission allowance market 
        participant, action platform, auctioneer or auction 
        monitor 
      --------------------------------------------------------------------------- 
 a)    Name                                  Great Portland Estates plc 
      ------------------------------------  ------------------------------------- 
 b)    Legal Entity Identifier               213800JMEDD2Q4N1MC42 
      ------------------------------------  ------------------------------------- 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of 
        transaction; (iii) each date; and (iv) each place 
        where transactions have been conducted 
      --------------------------------------------------------------------------- 
 a)    Description of the financial          Ordinary shares of 15(5) /(19) 
        instrument                            p 
                                              ISIN: GB00BF5H9P87 
      ------------------------------------  ------------------------------------- 
 b)    Nature of the transaction             Achievement of performance 
                                              target relating to Performance 
                                              and Matching awards made on 
                                              15 June 2015 
      ------------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)                Price            Volume(s) 
      ------------------------------------  ---------------  -------------------- 
  Ordinary shares                            713.29p          12,531 
 -----------------------------------------  ---------------  -------------------- 
 d)    Aggregated information                Aggregated volume: 12,531 
         *    Aggregated volume               Aggregated price: 0.0p 
                                              Aggregated total: 12,531 ordinary 
                                              shares 
         *    Aggregated price 
 
 
         *    Aggregated total 
      ------------------------------------  ------------------------------------- 
 e)    Date of transaction                   21 June 2018 
      ------------------------------------  ------------------------------------- 
 f)    Place of the transaction              London Stock Exchange (XLON) 
      ------------------------------------  ------------------------------------- 
 
 
 1.    Details of PDMR/person closely associated with them 
        ("PCA") 
 a)    Name                                  Nick Sanderson 
      ------------------------------------  ---------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------ 
 a)    Position/status                       Finance Director 
      ------------------------------------  ---------------------------------- 
 b)    Initial notification/amendment        Initial notification 
      ------------------------------------  ---------------------------------- 
 3.    Details of the issuer, emission allowance market 
        participant, action platform, auctioneer or auction 
        monitor 
      ------------------------------------------------------------------------ 
 a)    Name                                  Great Portland Estates plc 
      ------------------------------------  ---------------------------------- 
 b)    Legal Entity Identifier               213800JMEDD2Q4N1MC42 
      ------------------------------------  ---------------------------------- 
 4.    Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of 
        transaction; (iii) each date; and (iv) each place 
        where transactions have been conducted 
      ------------------------------------------------------------------------ 
 a)    Description of the financial          Ordinary shares of 15(5) /(19) 
        instrument                            p 
                                              ISIN: GB00BF5H9P87 
      ------------------------------------  ---------------------------------- 
 b)    Nature of the transaction             Sale of shares to meet tax/NI 
                                              liability 
      ------------------------------------  ---------------------------------- 
 c)    Price(s) and volume(s)                Price           Volume(s) 
      ------------------------------------  --------------  ------------------ 
  Ordinary shares                            713.29p         5,890 
 -----------------------------------------  --------------  ------------------ 
 d)    Aggregated information                Aggregated volume: 5,890 
         *    Aggregated volume               Aggregated price: 713.29p 
                                              Aggregated total: GBP42,012.67 
 
         *    Aggregated price 
 
 
         *    Aggregated total 
      ------------------------------------  ---------------------------------- 
 e)    Date of transaction                   21 June 2018 
      ------------------------------------  ---------------------------------- 
 f)    Place of the transaction              London Stock Exchange (XLON) 
      ------------------------------------  ---------------------------------- 
 

Contact:

Desna Martin, Company Secretary

020 7647 3000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHBSGDLIBDBGID

(END) Dow Jones Newswires

June 22, 2018 10:21 ET (14:21 GMT)

Great Portland Estates (LSE:GPOR)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Great Portland Estates Charts.
Great Portland Estates (LSE:GPOR)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Great Portland Estates Charts.