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Director/PDMR Shareholding

30 May 2025 15:27

RNS Number : 8583K
Great Portland Estates PLC
30 May 2025
 

30 May 2025

 

Great Portland Estates plc (the "Company")

 

Grant of Awards under the Great Portland Estates plc Deferred Share Bonus Plan (the "DSBP") and Restricted Share Plan (the "RSP")

 

The Company announces that, on 30 May 2025 (the "Grant Date"), the following Directors were each granted awards under the DSBP and the RSP over the number of Ordinary Shares of 15 5/19 pence in the Company set out against their names below, the number of shares being calculated using a market price of 331.40 pence per share:   

 

Director

Position/Status

Share Plan

Grant date

Number of shares subject to award

Vesting date

Date exercisable

Toby Courtauld

Chief Executive

DSBP

30.05.2025

81,865

30.05.2028

 

30.05.2028

 

RSP

30.05.2025

322,721

30.05.2028

 

30.05.2030

 

Nick Sanderson

Chief Financial & Operating Officer

DSBP

30.05.2025

55,720

30.05.2028

 

30.05.2028

 

RSP

30.05.2025

222,034

30.05.2028

 

30.05.2030

 

Dan Nicholson

Executive Director

DSBP

30.05.2025

45,391

30.05.2028

 

30.05.2028

 

RSP

30.05.2025

192,365

30.05.2028

 

30.05.2030

 

 

The awards under the DSBP were granted as nil cost options and were granted in respect of the deferred bonus for the 2024/25 financial year.

 

The awards under the RSP were granted as nil cost options and are subject to continued service and underpin conditions relating to the period expiring on the third anniversary of the Grant Date. The vested shares will be subject to a two-year holding period following the end of the three-year underpin period.

 

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 awards:

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

81,865

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

Aggregated volume: 81,865

Aggregated price: 0.0p

Aggregated total:  81,865 ordinary shares

e)

Date of transaction

30 May 2025

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

55,720

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

Aggregated volume:  55,720

Aggregated price: 0.0p

Aggregated total:  55,720 ordinary shares

e)

Date of transaction

30 May 2025

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

 45,391

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

Aggregated volume:  45,391

Aggregated price: 0.0p

Aggregated total:  45,391 ordinary shares

e)

Date of transaction

30 May 2025

f)

Place of the transaction

Outside of trading venue

 

RSP awards:

 

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 Restricted Share Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

 322,721

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

Aggregated volume: 322,721

Aggregated price: 0.0p

Aggregated total: 322,721 ordinary shares

e)

Date of transaction

30 May 2025

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 Restricted Share Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

 222,034

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

Aggregated volume:  222,034

Aggregated price: 0.0p

Aggregated total: 222,034 ordinary shares

e)

Date of transaction

30 May 2025

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 Restricted Share Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

 192,365

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

Aggregated volume: 192,365

Aggregated price: 0.0p

Aggregated total: 192,365 ordinary shares

e)

Date of transaction

30 May 2025

f)

Place of the transaction

Outside of trading venue

 

 

 

Contact:

Great Portland Estates plc

Darren Lennark

General Counsel & Company Secretary

020 7647 3000

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