21 Feb 2020 12:00
Date of issue: 21 February 2020
LEI: 213800WMV4WVES8TQH05
ST. MODWEN PROPERTIES PLC
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
St. Modwen Properties PLC (the "Company") was informed on 20 February 2020 that on that date, the following transactions in ordinary shares in the share capital of the Company ("Shares") took place:
As part of their personal financial planning in relation to the purchase of a family home, Mark Allan, an executive director of the Company, and his wife, Joanna Hellen, undertook the following transactions:
§ Mark Allan transferred 10,554 Shares to be held on his behalf by Numis Nominees (Client) Limited, for nil consideration.
§ Joanna Hellen transferred 30,000 Shares to be held on her behalf by Numis Nominees (Client) Limited, for nil consideration.
§ Mark Allan sold 140,000 Shares held on his behalf by Numis Nominees (Client) Limited at a price of 513 pence per Share.
§ Joanna Hellen sold 12,000 Shares held on her behalf by Numis Nominees (Client) Limited at a price of 513 pence per Share.
The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mark Allan | ||||
2. | Reason for the notification | |||||
a) | Position / status | PDMR - 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 £0.10 each in St. Modwen Properties PLC
GB0007291015 | ||||
b) | Nature of the transaction | Transfer of 10,554 shares to Numis Nominees (Client) Limited, for nil consideration. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume
- Aggregated price | N/A
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e) | Date of the transaction | 2020-02-20 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Joanna Hellen | ||||
2. | Reason for the notification | |||||
a) | Position / status | Person closely associated to Mark Allan, 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 £0.10 each in St. Modwen Properties PLC
GB0007291015 | ||||
b) | Nature of the transaction | Transfer of 30,000 shares to Numis (Client) Nominees Limited, for nil consideration. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
- Aggregated price | N/A
| ||||
e) | Date of the transaction | 2020-02-20 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mark Allan | ||||
2. | Reason for the notification | |||||
a) | Position / status | PDMR - 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 £0.10 each in St. Modwen Properties PLC
GB0007291015 | ||||
b) | Nature of the transaction | Sale of 140,000 shares held on behalf of Mark Allan by Numis Nominees (Client) Limited. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
- Aggregated price | N/A
| ||||
e) | Date of the transaction | 2020-02-20 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Joanna Hellen | ||||
2. | Reason for the notification | |||||
a) | Position / status | Person closely associated to Mark Allan, 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 £0.10 each in St. Modwen Properties PLC
GB0007291015 | ||||
b) | Nature of the transaction | Sale of 12,000 shares held on behalf of Joanna Hellen by Numis Nominees (Client) Limited. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
- Aggregated price | N/A
| ||||
e) | Date of the transaction | 2020-02-20 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
For further information, please contact:
St. Modwen Properties PLC | www.stmodwen.co.uk |
Mark Allan, Chief Executive Tom Gough, Head of External Communications and Stakeholder Relations | 0121 222 9400 |
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FTI Consulting | |
Dido Laurimore Ellie Sweeney | 020 3727 1000 |