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17 Jun 2016 11:30
Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
17 June 2016
As a result of achievement of the performance target relating to Performance and Matching awards made on 10 June 2013, the Directors listed below received the following number of GPE ordinary shares of 12.5p each:
No. of Ordinary shares of 12.5p each | |
Toby Courtauld, Chief Executive | 157,435 |
Nick Sanderson, Finance Director | 101,163 |
Neil Thompson, Portfolio Director | 125,323 |
In order to meet the tax/NI liability of these shares, the following were sold on 16 June 2016 at a price of 712.2p per share:
No. of Ordinary shares of 12.5p each sold for tax/NI purposes | |
Toby Courtauld, Chief Executive | 73,995 |
Nick Sanderson, Finance Director | 47,547 |
Neil Thompson, Portfolio Director | 58,902 |
The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:
No. of Ordinary shares of 12.5p each* | Total percentage holding | |
Toby Courtauld, Chief Executive | 1,588,221
| 0.46% |
Nick Sanderson | 262,686
| 0.08% |
Neil Thompson, Portfolio Director | 851,747
| 0.25% |
* Includes shares beneficially held in the Company's SIP
Contact:
Desna Martin, Company Secretary
020 7647 3000
GPOR.L (GPOR)
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