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15 Sep 2015 16:33
Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
15 September 2015
As a result of achievement of the performance target relating to Performance and Matching awards made on 7 June 2012, 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 | 310,384 |
Nick Sanderson, Finance Director | 184,150 |
Neil Thompson, Portfolio Director | 247,077 |
In order to meet the tax/NI liability of these shares, the following were sold on 14 September 2015 at a price of 840.2p per share:
No. of Ordinary shares of 12.5p each sold for tax/NI purposes | |
Toby Courtauld, Chief Executive | 145,881 |
Nick Sanderson, Finance Director | 86,551 |
Neil Thompson, Portfolio Director | 116,127 |
In addition, the following shares were sold on 14 September 2015 at a price of 837.7p per share
No. of Ordinary shares of 12.5p each sold for tax/NI purposes | |
Nick Sanderson, Finance Director | 75,000 |
The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:
No. of Ordinary shares of 12.5p each* | Total percentage holding | |
Toby Courtauld, Chief Executive | 1,504,151 | 0.44% |
Nick Sanderson, Finance Director | 208,440 | 0.06% |
Neil Thompson, Portfolio Director | 784,696 | 0.23% |
* Includes shares beneficially held in the Company's SIP
Contact:
Desna Martin, Company Secretary
020 7647 3000
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