GPOR.L Regulatory News (GPOR)

1 Jun 2007 17:41

Great Portland Estates PLC01 June 2007 Great Portland Estates Plc (GPE) GPE Long-Term Incentive Plan (LTIP) 1 June 2007 Following achievement of the performance target relating to LTIP awards made on 27 May 2004, the following Directors received the following number of GPE ordinary shares of 12.5p each: No. of Ordinary Shares of 12.5p each Toby Courtauld, Chief Executive 165,677Robert Noel, Property Director 131,058Neil Thompson, Development Director 55,390 Of these shares, the following were sold on 1 June 2007 at a price of 720.277p 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 67,928Robert Noel, Properly Director 53,734Neil Thompson, Development Director 22,710 In addition, the following shares were sold on 1 June 2007 at a price of 720.277p per share: No. of Ordinary Shares of 12.5p each Robert Noel, Property Director 77,324Neil Thompson, Development Director 16,340 And the Following shares were bought on 1 June 2007 at a price of 722.43p per share: Robert Noel, Property Director 38,250 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 132,749 0.07Robert Noel, Property Director 67,850 0.04Neil Thompson, Development Director 29,054 0.02 Contact:Desna Martin, Company Secretary 020 7647 3000 This information is provided by RNS The company news service from the London Stock Exchange