11 Mar 2019 11:00
11 March 2019
intu properties plc
LEI: 213800JSNTERD5CJZO95
Director/PDMR Vesting of Deferred Annual Bonus Plan Awards
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:
Executive Directors | Shares Vested | Shares sold at £1.07826 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% |
Susan Marsden
Company Secretary
11 March 2019
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
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) |
| ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||
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) | ||||||||