Last checked at 2 Jun 2023 13:30
2 June 2023
SEGRO plc (the Company)
SEGRO plc Saving Related Share Option Scheme (Sharesave)
The 2020 Sharesave matured on 1 June 2023 and the following Directors exercised their options over ordinary shares of 10 pence each in the Company (Shares) at 616.48 pence per Share.
The savings contracts for the 2023 Sharesave award also commenced on 1 June 2023, and the following Directors and PDMR were granted options to buy Shares at an option price of 580.80 pence per Share at the end of a three-year saving period.
Full details of the Sharesave can be found in the Company’s 2022 Annual Report and Accounts.
The table below shows the number of options granted and exercised on 1 June 2023, and the Directors’ and PDMRs’ resultant beneficial holdings:
| 2023 Sharesave - Grant | 2020 Sharesave - Exercise | Beneficial holdings following acquisition of shares (inclusive of the SEGRO plc Share Incentive Plan (the SIP)) |
Directors |
|
|
|
David Sleath | 3,099 | 2,919 | 771,599 |
Soumen Das1 | 3,099 | 2,919 | 428,467 |
Andy Gulliford2 | - | 1,459 | 739,811 |
PDMR |
|
|
|
Margaret Murphy | 3,099 | - | 245 |
The Notification of Dealing Forms provided in accordance with the requirements of the UK Market Abuse Regulation in relation to the transactions listed above are set out below:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Name | David Sleath |
2. | Reason for the notification | |
a)
| Position/status
| Chief Executive |
b)
| Initial notification /Amendment
| Initial |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a)
| Name
| SEGRO plc |
b)
| LEI | 213800XC35KGM9NFC641 |
4
| 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 transactions have been conducted | |
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each |
b)
| Nature of the transaction | Exercise of options under 2020 Sharesave Grant of options under 2023 Sharesave |
c)
| Price(s) and volume(s) | Price Volume Total 1. £6.1648 2,919 £17,995.05 2. £5.808 3,099 £17,999.00
|
d)
| Aggregated information | N/A |
e)
| Date of the transaction
| 1 June 2023 |
f)
| Place of the transaction
| London Stock Exchange (XLON) |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Name | Soumen Das |
2. | Reason for the notification | |
a)
| Position/status
| Chief Financial Officer |
b)
| Initial notification /Amendment
| Initial |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a)
| Name
| SEGRO plc |
b)
| LEI | 213800XC35KGM9NFC641 |
4
| 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 transactions have been conducted | |
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each |
b)
| Nature of the transaction | Exercise of options under 2020 Sharesave Grant of options under 2023 Sharesave |
c)
| Price(s) and volume(s) | Price Volume Total 1. £6.1648 2,919 £17,995.05 2. £5.808 3,099 £17,999.00
|
d)
| Aggregated information | N/A |
e)
| Date of the transaction
| 1 June 2023 |
f)
| Place of the transaction
| London Stock Exchange (XLON) |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Name | Andy Gulliford |
2. | Reason for the notification | |
a)
| Position/status
| Chief Operating Officer |
b)
| Initial notification /Amendment
| Initial |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a)
| Name
| SEGRO plc |
b)
| LEI | 213800XC35KGM9NFC641 |
4
| 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 transactions have been conducted | |
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each |
b)
| Nature of the transaction | Exercise of options under 2020 Sharesave
|
c)
| Price(s) and volume(s) | Price Volume Total £6.1648 1,459 £8,994.44
|
d)
| Aggregated information | N/A |
e)
| Date of the transaction
| 1 June 2023 |
f)
| Place of the transaction
| London Stock Exchange (XLON) |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Name | Margaret Murphy |
2. | Reason for the notification | |
a)
| Position/status
| Group HR Director |
b)
| Initial notification /Amendment
| Initial |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a)
| Name
| SEGRO plc |
b)
| LEI | 213800XC35KGM9NFC641 |
4
| 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 transactions have been conducted | |
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 10 pence each |
b)
| Nature of the transaction | Grant of options under 2023 Sharesave |
c)
| Price(s) and volume(s) | Price Volume Total £5.808 3,099 £17,999.00
|
d)
| Aggregated information | N/A |
e)
| Date of the transaction
| 1 June 2023 |
f)
| Place of the transaction
| London Stock Exchange (XLON) |
Carys Smith
Senior Assistant Company Secretary
020 7451 9083
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