3 Jan 2017 14:40
Company Announcements Office
London Stock Exchange
London EC2N 1HP
3 January 2017
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 30 December that they purchased a total of 4,215 ordinary 12.5p shares at a price of 659.8 pence per share on 30 December 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 | 23 | 46 | 5,658 |
N Sanderson | 23 | 46 | 4,362 |
Contact:
Great Portland Estates plcDesna Martin
Company Secretary
020 7647 3093