Great Portland Ests. - Director/PDMR Shareholding

Great Portland Estates

03/06/2026 12:04

RNS Number : 8734G
  
Great Portland Estates PLC
  
03 June 2026
  
 


3 June 2026
 
Great Portland Estates plc (the "Company")
 
Exercise of nil-cost options under The Great Portland Estates Deferred Share Bonus Plan (the "DSBP")
 
The Company announces that, on 2 June 2026, the following Directors:
(i)  exercised their nil cost options over the following numbers of ordinary shares of 15 5/19 pence each in the Company, comprising of those granted under the original DSBP award granted on 2 June 2023, and, as announced on 21 June 2024, the additional DSBP options awarded to reflect the impact of the Company's rights issue announced on 23 May 2024.
 




Director


PDMR / Title


Total no. of ordinary shares of

15 5/19 pence each acquired upon exercise of options




Toby Courtauld


Chief Executive


62,095




Dan Nicholson


Executive Director


33,999




 
(ii) sold the following numbers of ordinary shares of 15 5/19 pence each in the Company in order to meet the income tax and National Insurance contributions liabilities arising on the exercise of their options at a price of 314.2p per share:
                                                                             




Director


PDMR / Title


No. of ordinary shares of
15 5/19 pence each sold for tax/NIC purposes




Toby Courtauld


Chief Executive


29,288




Dan Nicholson


Executive Director


16,037




 
 




1.


Details of PDMR/person closely associated with them ("PCA")




a)


Name


Toby Courtauld




2.


Reason for the notification




a)


Position/status


Chief Executive




b)


Initial notification/amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor




a)


Name


Great Portland Estates plc
 




b)


Legal Entity Identifier


213800JMEDD2Q4N1MC42




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


Ordinary shares of 15 5/19 p
ISIN: GB00BF5H9P87




b)


Nature of the transaction


1. Exercise of nil cost options granted under the rules of The Great Portland Estates Deferred Share Bonus Plan.
2. Sale of shares to meet income tax and National Insurance contributions liabilities arising on the exercise of options granted under the rules of The Great Portland Estates Deferred Share Bonus Plan.




c)


Price(s) and volume(s)


Price


Volume(s)




Ordinary shares


1. Nil consideration


1. 62,095




2. 314.2p


2. 29,288




d)


Aggregated information
Aggregated volume
Aggregated price
Aggregated total


1. Aggregated volume: 62,095
       Aggregated price: Nil
       Aggregated total: 62,095 ordinary shares
 




2. Aggregated volume: 29,288
       Aggregated price: 314.2p
       Aggregated total: £92,022.90




e)


Date of transaction


2 June 2026




f)


Place of the transaction


1.    Outside of trading venue
2.    London Stock Exchange (XLON)




 
 




1.


Details of PDMR/person closely associated with them ("PCA")




a)


Name


Dan Nicholson




2.


Reason for the notification




a)


Position/status


Executive Director




b)


Initial notification/amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor




a)


Name


Great Portland Estates plc
 




b)


Legal Entity Identifier


213800JMEDD2Q4N1MC42




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


Ordinary shares of 15 5/19 p
ISIN: GB00BF5H9P87




b)


Nature of the transaction


1. Exercise of nil cost options granted under the rules of The Great Portland Estates Deferred Share Bonus Plan.
2. Sale of shares to meet income tax and National Insurance contributions liabilities arising on the exercise of options granted under the rules of The Great Portland Estates Deferred Share Bonus Plan.




c)


Price(s) and volume(s)


Price


Volume(s)




Ordinary shares


1. Nil consideration


1. 33,999




2. 314.2p


2. 16,037




d)


Aggregated information
Aggregated volume
Aggregated price
Aggregated total


1. Aggregated volume: 33,999
       Aggregated price: Nil
       Aggregated total: 33,999 ordinary shares




2. Aggregated volume: 16,037      
Aggregated price: 314.2p
       Aggregated total: £50,388.25




e)


Date of transaction


2 June 2026




f)


Place of the transaction


1. Outside of trading venue
2. London Stock Exchange (XLON)




 
 
 
Contact:
Great Portland Estates plc
Darren Lennark
General Counsel & Company Secretary
020 7647 3000




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