11 Mar 2019 11:00
11 March 2019
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intu properties plc
LEI: 213800JSNTERD5CJZO95
Director/PDMR Vesting of Deferred Annual Bonus Plan Awards
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intu properties plc (the "Company") announces that awards of deferred shares made to certain intu Executive Directors and PDMRs in prior years under the Company's Annual Bonus Plan vested on 7 March 2019. The vesting of the awards triggers an income tax and national insurance liability which participants met by selling a proportion of their shares. The resultant changes to Executive Directors' and other PDMRs' interests in the Company's shares are set out in the following table:
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Executive Directors | Shares Vested | Shares sold at ÂŁ1.07826 per share | Shares Retained and % of Issued Share Capital | Total Holding and % of Issued Share Capital | ||
David Fischel | 129,361 | 60,922 | 68,439 | 0.005% | 1,340,872 | 0.098% |
Matthew Roberts | 102,308 | 48,182 | 54,126 | 0.0039% | 487,513 | 0.035% |
PDMRs   | Shares Vested | Shares sold at £1.07826 per share | Shares Retained and % of Issued Share Capital | Total Holding and % of Issued Share Capital | ||
Martin Breeden | 21,643 | 10,193 | 11,450 | 0.0008% | 19,450 | 0.0014% |
Hugh Ford | 60,070 | 60,070 | 0 | n/a | 102,043 | 0.0075% |
Susan Marsden | 22,133 | 22,133 | 0 | n/a | 26,973 | 0.0019% |
Gordon McKinnon | 10,494 | 4,943 | 5,551 | 0.0004% | 30,997 | 0.0022% |
Trevor Pereira | 41,004 | 19,311 | 21,693 | 0.0016% | 129,157 | 0.0095% |
Dushyant Sangar | 39,919 | 39,919 | 0 | n/a | 31,142 | 0.0023% |
Julian Wilkinson | 16,327 | 7,690 | 8,637 | 0.0006% | 8,637 | 0.0006% |
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Susan Marsden
Company Secretary
11 March 2019
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The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 and provides further detail.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR PERSONS CLOSELY ASSOCIATED WITH THEM
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | David Fischel | ||||||||
b) | Position/status | CEO | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Matthew Roberts | ||||||||
b) | Position/status | CFO | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Martin Breeden | ||||||||
b) | Position/status | PDMR | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Hugh Ford | ||||||||
b) | Position/status | PDMR | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Susan Marsden | ||||||||
b) | Position/status | Group Company Secretary | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Gordon McKinnon | ||||||||
b) | Position/status | PDMR | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Trevor Pereira | ||||||||
b) | Position/status | PDMR | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Dushyant Sangar | ||||||||
b) | Position/status | PDMR | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Julian Wilkinson | ||||||||
b) | Position/status | PDMR | ||||||||
c) | Initial notification/ amendment | Initial Notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | intu properties plc | ||||||||
b) | LEI | 213800JSNTERD5CJZO95 | ||||||||
3. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transaction(s) has been conducted | |||||||||
a) | Description of the financial instrument | ORDINARY SHARES OF 50P ISIN: GB0006834344 | ||||||||
b) | Nature of the transaction | Shares acquired for no consideration under the intu properties plc annual bonus plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information  Aggregated volume Price |   Not applicable | ||||||||
e) | Date of the transaction | 8 March 2019 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
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