30 Apr 2020 16:00
LEI: 213800JSNTERD5CJZO95
intu properties plc ("intu" or "the Company")
Regulated Information Classification: Additional regulated information required to be disclosed under the laws of a Member State of the EU.
Director/PDMR Share Incentive Plan allocations
Under intu's Share Incentive Plan ("SIP") all eligible employees, including the Executive Director and PDMRs, are invited to save up to £150 per month, which is then used to purchase ordinary shares (referred to as "Partnership Shares") in the Company at the end of each twelve month accumulation period. The Partnership shares are purchased at the lower of either the market value of the shares at the start of the accumulation period or the market value on their acquisition date. For every two Partnership Shares purchased, the Company purchases one additional ordinary share on behalf of the participant (referred to as "Matching Shares").
The Company has been notified by the Trustee of the SIP that the following Partnership and Matching Shares were allocated by the Trust on 24 April 2020 at a price of £0.06423 per share to the following Executive Director and PDMRs in respect of the accumulation period ended 31 March 2020:
Partnership Shares | Matching Shares | Total SIP Interest | ||
Executive Director | ||||
Matthew Roberts | 28,028 | 14,014 | 59,276 | |
PDMRs | ||||
Martin Breeden | 28,026 | 14,013 | 65,894 | |
Amanda Campbell | 18,697 | 9,348 | 38,991 | |
Hugh Ford | 28,035 | 14,017 | 65,263 | |
Dushyant Sangar | 28,028 | 14,014 | 59,123 |
Susan Marsden
Group Company Secretary
30 April 2020
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 | Matthew Roberts | ||||||||
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 under the intu properties plc SIP annual partnership plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information
Aggregated volume Price |
Not applicable | ||||||||
e) | Date of the transaction | 24 April 2020 | ||||||||
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 under the intu properties plc SIP annual partnership plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information
Aggregated volume Price |
Not applicable | ||||||||
e) | Date of the transaction | 24 April 2020 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||
1. | Details of PDMR/person closely associated with them ('PCA') | |||||||||
a) | Name | Amanda Campbell | ||||||||
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 under the intu properties plc SIP annual partnership plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information
Aggregated volume Price |
Not applicable | ||||||||
e) | Date of the transaction | 24 April 2020 | ||||||||
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 under the intu properties plc SIP annual partnership plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information
Aggregated volume Price |
Not applicable | ||||||||
e) | Date of the transaction | 24 April 2020 | ||||||||
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 under the intu properties plc SIP annual partnership plan. | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information
Aggregated volume Price |
Not applicable | ||||||||
e) | Date of the transaction | 24 April 2020 | ||||||||
f) | Place of the transaction | London Stock Exchange Main Market (XLON) | ||||||||