22 Jun 2018 15:21
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 155/19 p each:
No. of Ordinary shares of 155/19 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 155/19 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 instrument | Ordinary shares of 155/19 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 - Aggregated price - Aggregated total | Aggregated volume: 19,130 Aggregated price: 0.0p Aggregated total: 19,130 ordinary shares | |
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 instrument | Ordinary shares of 155/19 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 - Aggregated price - Aggregated total | Aggregated volume: 8,992 Aggregated price: 713.29p Aggregated total: £64,138.87 | |
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 instrument | Ordinary shares of 155/19 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 - Aggregated price - Aggregated total | Aggregated volume: 12,531 Aggregated price: 0.0p Aggregated total: 12,531 ordinary shares | |
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 instrument | Ordinary shares of 155/19 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 - Aggregated price - Aggregated total | Aggregated volume: 5,890 Aggregated price: 713.29p Aggregated total: £42,012.67 | |
e) | Date of transaction | 21 June 2018 | |
f) | Place of the transaction | London Stock Exchange (XLON) | |
Contact:
Desna Martin, Company Secretary
020 7647 3000