6 Jun 2014 09:37
Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
6 June 2014
As a result of achievement of the performance target relating to Performance and Matching awards made on 2 June 2011, 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 | 298,890 |
Neil Thompson, Portfolio Director | 237,893 |
In order to meet the tax/NI liability of these shares, the following were sold on 5 June 2014 at a price of 651.8p per share:
No. of Ordinary shares of 12.5p each sold for tax/NI purposes | |
Toby Courtauld, Chief Executive | 140,479 |
Neil Thompson, Portfolio Director | 111,810 |
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 | 1,338,387 | 0.39% |
Neil Thompson, Portfolio Director | 767,485 | 0.22% |
* Includes shares beneficially held in the Company's SIP
Contact:
Desna Martin, Company Secretary
020 7647 3000