1 Sep 2016 10:10
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
St. Modwen Properties plc (the "Company") has been notified that, on 26 August 2016, Janet Oliver, wife of Bill Oliver (Chief Executive), transferred 130,251 ordinary shares of 10 pence each in the capital of the Company to a nominee account (Hargreaves Lansdown (Nominees) Limited) for nil consideration. Following the transfer, Janet Oliver's beneficial interest in the Company's shares remains unchanged.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | JANET OLIVER
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2. | Reason for the notification | |||||
a) | Position / status | PERSON CLOSELY ASSOCIATED WITH PDMR - BILL OLIVER, CHIEF EXECUTIVE | ||||
b) | Initial notification/amendment | INITIAL NOTIFICATION | ||||
3. | Details of issuer | |||||
a) | Name | ST. MODWEN PROPERTIES PLC | ||||
b) | LEI | 213800WMV4WVES8TQH05 | ||||
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
Identification Code | ORDINARY SHARES OF 10 PENCE EACH GB0007291015 | ||||
b) | Nature of the transaction | Transfer of legal title in Ordinary Shares of 10 pence each from a PCA to a nominee account for nil consideration. This transaction does not change the PCA's beneficial interest in the shares. THE TRANSACTION IS NOT LINKED TO THE EXERCISE OF A SHARE OPTION PROGRAMME.
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c) | Price(s) and volume(s) |
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d) | Aggregated information
Aggregated volume price | N/A
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e) | Date of the transaction
| 2016-08-26 | ||||
f) | Place of the transaction | OUTSIDE A TRADING VENUE | ||||