Last checked at 12 May 2017 15:45
12 May 2017
SEGRO plc (the Company)
On 11 May 2017, the below Directors and PDMRs were awarded free shares to the value of £3,000 under the Company's Share Incentive Plan (SIP). The SIP is a HMRC-approved share plan for all eligible employees. Eligible employees are those employed by the Company on 1 October 2016, and still employed on 11 May 2017. The share price used to calculate the number of shares awarded was 491.74 pence. This is the average of the middle market price for the five days preceding the date of award.
The table below shows the number of shares acquired under the 2017 SIP award by the Company's Directors and PDMRs and their beneficial holdings following the award:
| Shares acquired | Total beneficial holding (inclusive of the SIP) |
Director | ||
David Sleath | 610 | 645,974 |
Andy Gulliford* | 610 | 252,667 |
Phil Redding | 610 | 239,160 |
| ||
PDMR | ||
Elizabeth Blease* | 610 | 97,183 |
Liz Reilly | 610 | 79,491 |
* Andy Gulliford's beneficial holding is partly held by a Person Closely Associated (PCA), Jan Gulliford.
* Elizabeth Blease's beneficial holding is partly held by a PCA, Tim Rayner.
The Notification of Dealing Forms provided in accordance with the requirements of the Market Abuse Regulation (2014/596/EU) 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 | 2017 SIP Award | ||||||
c)
| Price(s) and volume(s) |
| ||||||
d)
| Aggregated information | N/A | ||||||
e)
| Date of the transaction
| 11 May 2017 | ||||||
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 | 2017 SIP Award | ||||||
c)
| Price(s) and volume(s) |
| ||||||
d)
| Aggregated information | N/A | ||||||
e)
| Date of the transaction
| 11 May 2017 | ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Name | Phil Redding | ||||||
2. | Reason for the notification | |||||||
a)
| Position/status
| Chief Investment 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 | 2017 SIP Award | ||||||
c)
| Price(s) and volume(s) |
| ||||||
d)
| Aggregated information | |||||||
e)
| Date of the transaction
| 11 May 2017 | ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Name | Elizabeth Blease | ||||||
2. | Reason for the notification | |||||||
a)
| Position/status
| General Counsel and Group Company Secretary | ||||||
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 | 2017 SIP Award | ||||||
c)
| Price(s) and volume(s) |
| ||||||
d)
| Aggregated information | |||||||
e)
| Date of the transaction
| 11 May 2017 | ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
| Name | Liz Reilly | ||||||
2. | Reason for the notification | |||||||
a)
| Position/status
| 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 | 2017 SIP Award | ||||||
c)
| Price(s) and volume(s) |
| ||||||
d)
| Aggregated information | |||||||
e)
| Date of the transaction
| 11 May 2017 | ||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||
Stephanie Murton
Legal Counsel
020 7451 9083