16 Sep 2015 11:06
The following amendment has been made to the 'Great Portland Ests. Director/PDMR Shareholding' announcement for the GPE Long-Term Incentive Plan (LTIP) released on 15 September 2015 at 16.33 under RNS No 1540Z.
The announcement has been amended to correct the heading to the third table. All other details remain unchanged.
The full amended announcement is shown below.
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 | |
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