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6 Jun 2011 11:16
Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
6 June 2011
As a result of achievement of the performance target relating to LTIP awards made on 29 May 2008, 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 106,782
Neil Thompson, Portfolio Director 68,436
Of these shares, the following were sold on 3 June 2011 at a price of 438.49p 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 55,527
Neil Thompson, Portfolio Director 35,587
The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:
Total
No. of Ordinary percentage
shares of 12.5p each* holding
Toby Courtauld, Chief Executive 568,315 0.18
Neil Thompson, Portfolio Director 224,594 0.07
* Includes Partnership shares held in the Company's SIP
Contact:
Desna Martin, Company Secretary
020 7647 3000
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