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Director/PDMR Shareholding

2 Nov 2016 15:04

RNS Number : 1684O
Great Portland Estates PLC
02 November 2016
 

Company Announcements Office

London Stock Exchange

London EC2N 1HP

 

1 November 2016

Our ref: DM/gal

 

 

 

Director/PDMR Shareholding

 

Notification of monthly investment in the Great Portland Estates plc 2010 Share Incentive Plan ('SIP')

 

Barclays Bank Trust Company Limited (the 'Trustees'), Trustees of the Great Portland Estates plc's SIP, notified the Company on 31 October 2016 that they purchased a total of 4,830 ordinary 12.5p shares at a price of 585.64 pence per share on 31 October 2016 under the 'Partnership' and 'Matching' element of the Company's SIP.

 

Under the terms of the SIP each eligible participating employee can contribute from monthly salary to purchase 'Partnership Shares', and the Company matches this by awarding two 'Matching Shares' for every one 'Partnership Share' purchased by participating employees.

 

As participants in the SIP, the Executive Directors are deemed to have an interest in the shares held by the Trustees. In accordance with Disclosure and Transparency Rule 3.1.4R (1), the Company gives notice that of the above shares acquired by the Trustees, the shares purchased on behalf of the Company's Executive Directors were as follows:

 

Number of Partnership shares acquired under the SIP for the month

Number of Matching shares acquired under the SIP for the month

Total number of shares within SIP

T Courtauld

26

52

5,517

N Sanderson

26

52

4,221

N Thompson

26

52

5,517

 

Contact:

Great Portland Estates plcDesna Martin

Company Secretary

020 7647 3093

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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