RNS Number : 6353E
Great Portland Estates PLC
01 June 2012
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Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
1 June 2012
As a result of achievement of the performance target relating to LTIP awards made on 28 May 2009, the Directors listed below received the following number of GPE ordinary shares of 12.5p each:
|
|
No. of Ordinary
shares of 12.5p each
|
|
Toby Courtauld, Chief Executive
|
278,647
|
|
Neil Thompson, Portfolio Director
|
178,584
|
Of these shares, the following were sold on 31 May 2012 at a price of 381.07p per share in order to meet the tax/NI liability:
|
|
No. of Ordinary
shares of 12.5p each
sold for tax/NI
purposes
|
|
Toby Courtauld, Chief Executive
|
144,897
|
|
Neil Thompson, Portfolio Director
|
92,864
|
The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:
|
|
No. of Ordinary
shares of 12.5p each*
|
Total
percentage
holding
|
|
Toby Courtauld, Chief Executive
|
736,612
|
0.24%
|
|
Neil Thompson, Portfolio Director
|
332,590
|
0.11%
|
* Includes Partnership shares held in the Company's SIP
Contact:
Desna Martin, Company Secretary
020 7647 3000
This information is provided by RNS
The company news service from the London Stock Exchange
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