2 Jun 2020 14:00
2 June 2020
SEGRO plc (the Company)
SEGRO plc Saving Related Share Option Scheme (Sharesave)
The 2017 Sharesave matured on 1 June 2020 and the following Directors and PDMRs exercised their options over ordinary shares of 10 pence each in the Company (Shares) at 366.24 pence per Share.
The savings contracts for the 2020 Sharesave award also commenced on 1 June 2020, and the following Directors and PDMRs were granted options to buy Shares at an option price of 616.48 pence per Share at the end of a three-year saving period.
Full details of the Sharesave can be found in the Company's 2019 Annual Report and Accounts.
The table below shows the number of options granted and exercised on 1 June 2020, and Directors' and PDMRs' resultant beneficial holdings:
Award | 2020 Sharesave - Grant | 2017 Sharesave - Exercise | Beneficial holdings (inclusive of the SEGRO plc Share Incentive Plan (the SIP)) | |
Directors | ||||
David Sleath | 2017 Sharesave | - | 4,914 | 701,796 |
2020 Sharesave | 2,919 | - | ||
Soumen Das1 | 2017 Sharesave | - | 4,914 | 299,220 |
2020 Sharesave | 2,919 | - | ||
Andy Gulliford2 | 2017 Sharesave | - | 2,457 | 624,138 |
2020 Sharesave | 1,459 | - | ||
PDMRs | ||||
Elizabeth Blease3 | 2017 Sharesave | - | 2,457 | 154,308 |
2020 Sharesave | 1,459 | - | ||
Liz Reilly | 2017 Sharesave | - | 2,457 | 143,349 |
2020 Sharesave | 1,459 | - | ||
1. Soumen Das' beneficial holding in partly held by a Person Closely Associated (PCA), Dipa Das.
2. Andy Gulliford's beneficial holding is partly held by a PCA, Jan Gulliford.
3. 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 | 1. Exercise of options under 2017 Sharesave 2. Grant of options under 2020 Sharesave | ||||||||||||
c)
| Price(s) and volume(s) |
| ||||||||||||
d)
| Aggregated information | N/A | ||||||||||||
e)
| Date of the transaction
| 1 June 2020 | ||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
a)
| Name | Soumen Das | ||||||||||||
2. | Reason for the notification | |||||||||||||
a)
| Position/status
| Chief Financial 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 | 1. Exercise of options under 2017 Sharesave 2. Grant of options under 2020 Sharesave | ||||||||||||
c)
| Price(s) and volume(s) |
| ||||||||||||
d)
| Aggregated information | N/A | ||||||||||||
e)
| Date of the transaction
| 1 June 2020 | ||||||||||||
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 | 1. Exercise of options under 2017 Sharesave 2. Grant of options under 2020 Sharesave | ||||||||||||
c)
| Price(s) and volume(s) |
| ||||||||||||
d)
| Aggregated information | N/A | ||||||||||||
e)
| Date of the transaction
| 1 June 2020 | ||||||||||||
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 | 1. Exercise of options under 2017 Sharesave 2. Grant of options under 2020 Sharesave | ||||||||||||
c)
| Price(s) and volume(s) |
| ||||||||||||
d)
| Aggregated information | N/A | ||||||||||||
e)
| Date of the transaction
| 1 June 2020 | ||||||||||||
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
| Group 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 | 1. Exercise of options under 2017 Sharesave 2. Grant of options under 2020 Sharesave | ||||||||||||
c)
| Price(s) and volume(s) |
| ||||||||||||
d)
| Aggregated information | N/A | ||||||||||||
e)
| Date of the transaction
| 1 June 2020 | ||||||||||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||||||||||
Stephanie Murton
Legal Counsel
020 7451 9083
Segro (SGRO)