Last checked at 2 Jun 2023 14:56
2 June 2023
Great Portland Estates plc (the Company)
Grant of Awards under the Great Portland Estates plc Deferred Share Bonus Plan (the DSBP)
The Company announces that, on 2 June 2023, the following Directors were granted awards over Ordinary Shares of 15 5/19 pence each in the Company under the DSBP, the number of shares being calculated using a market price of 489.60 pence per share:
Director |
Date of Grant |
Number of Shares subject to award |
Vesting Date | Date Exercisable |
Toby Courtauld | 02.06.2023 | 51,486 | 02.06.2026 | 02.06.2026 |
Nick Sanderson | 02.06.2023 | 35,832 | 02.06.2026 | 02.06.2026 |
Dan Nicholson | 02.06.2023 | 28,190 | 02.06.2026 | 02.06.2026 |
The above awards were granted as nil cost options and were granted in respect of the deferred bonus for the 2022/23 financial year.
The Notification of Dealing Forms for each Director can be found below. This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
DSBP
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 instrument | Ordinary shares of 15 5/19p ISIN: GB00BF5H9P87 | |
b) | Nature of the transaction | Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan | |
c) | Price(s) and volume(s) | Price | Volume(s) |
Ordinary shares | Nil consideration | X | |
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total | Aggregated volume: 51,486 Aggregated price: 0.0p Aggregated total: 51,486 ordinary shares | |
e) | Date of transaction | 2 June 2023 | |
f) | Place of the transaction | Outside of trading venue | |
1. | Details of PDMR/person closely associated with them ("PCA") | ||
a) | Name | Nick Sanderson | |
2. | Reason for the notification | ||
a) | Position/status | Chief Financial & Operating Officer | |
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 instrument | Ordinary shares of 15 5/19 p ISIN: GB00BF5H9P87 | |
b) | Nature of the transaction | Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan | |
c) | Price(s) and volume(s) | Price | Volume(s) |
Ordinary shares | Nil consideration | 35,832 | |
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total | Aggregated volume: 35,832 Aggregated price: 0.0p Aggregated total: 35,832 ordinary shares | |
e) | Date of transaction | 2 June 2023 | |
f) | Place of the transaction | Outside of trading venue | |
1. | Details of PDMR/person closely associated with them ("PCA") | ||
a) | Name | Dan Nicholson | |
2. | Reason for the notification | ||
a) | Position/status | Executive 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 instrument | Ordinary shares of 15 5/19 p ISIN: GB00BF5H9P87 | |
b) | Nature of the transaction | Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan | |
c) | Price(s) and volume(s) | Price | Volume(s) |
Ordinary shares | Nil consideration | 28,190 | |
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total | Aggregated volume: 28,190 Aggregated price: 0.0p Aggregated total: 28,190 ordinary shares | |
e) | Date of transaction | 2 June 2023 | |
f) | Place of the transaction | Outside of trading venue | |
Contact: Great Portland Estates plc |
Darren Lennark
General Counsel & Company Secretary
020 7647 3000