Last checked at 30 Jun 2014 16:00
SEGRO PLC - Director/PDMR ShareholdingSEGRO PLC - Director/PDMR Shareholding
PR Newswire
London, June 30
SEGRO plc (the Company) Director/PDMR Shareholding Under the SEGRO plc Deferred Share Bonus Plan (DSBP) the following awards havetoday been granted to Directors/PDMRs of the Company: Directors Number of shares awarded Andy Gulliford 41,226Justin Read 41,226Phil Redding 47,529David Sleath 90,768 PDMRsElizabeth Blease 9,145Liz Reilly 8,738 Notes: (a) The awards shown above have been structured as provisional allocations overordinary shares in the Company. Further details of the operation of the SEGROplc DSBP are available in the Company's 2013 Annual Report and Accounts. (b) The calculation of the awards was based on a share price of £3.427, whichwas the Company's closing mid-market share price on 27 June 2014. (c) As set out in the Remuneration Report of the 2013 Annual Report andAccounts, the Total Property Return (TPR) element of the Bonus for theExecutive Directors was estimated. The IPD Benchmark data has recently becomeavailable and the payments for this element of the Bonus have been adjustedaccordingly (see below table). Estimated TPR Total Bonus Actual TPR Actual Total DSBP Total (2013 Annual (using Bonus Report) estimated TPR) Andy 50.0% £210,989 26.23% £188,190 £94,095Gulliford1 Justin Read 50.0% £316,800 26.23% £282,567 £141,284 Phil 50.0% £239,760 26.23% £216,961 £108,481Redding1 David Sleath 50.0% £687,500 26.23% £622,125 £311,063 1. The figures for Andy Gulliford and Phil Redding have been pro-rated since appointment to the Board on 1 May 2013 but the share award is based on their Bonus entitlement for the full year. Stephanie MurtonLegal Counsel020 7451 9083