REG - Great Portland Ests. - Director/PDMR Shareholding <Origin Href="QuoteRef">GPOR.L</Origin>

Great Portland EstatesAnnouncement

07/07/2017 15:21

RNS Number : 4953K
Great Portland Estates PLC
07 July 2017
Great Portland Estates plc (the Company)
2010 Long-Term Incentive Plan 
7 July 2017
The Company announces that on Friday 7 July 2017 it granted awards under the Company's 2010 Long Term Incentive Plan. The awards were granted as nil cost options which are subject to criteria relating to the Company's performance over the three year period commencing on the date of grant.
The 488,372 Ordinary Shares of 133/19 pence, granted under the Company's 2010 Long Term Incentive Plan were allocated as follows:
Director
Date of Grant
Performance Award
Number of Shares
Vesting Date
Date Exercisable
Toby Courtauld
07.07.17
295,079
07.07.20
07.07.22
Nick Sanderson
07.07.17
193,293
07.07.20
07.07.22
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 133/19 p
ISIN: GB00BZ0XJR39
b)
Nature of the transaction
Grant of nil cost options under the Company's 2010 Long Term Incentive Plan.


c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
Nil consideration
295,079
d)
Aggregated information
- Aggregated volume 
- Aggregated price 
- Aggregated total
Aggregated volume: 295,079
Aggregated price: 0.0p
Aggregated total: 295,079 ordinary shares
e)
Date of transaction
7 July 2017
f)
Place of the transaction
London Stock Exchange (XLON)
1.
Details of PDMR/person closely associated with them ("PCA")
a)
Name
Nick Sanderson
2.
Reason for the notification
a)
Position/status
Finance 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 133/19 p
ISIN: GB00BZ0XJR39
b)
Nature of the transaction
Grant of nil cost options under the Company's 2010 Long Term Incentive Plan.
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
Nil consideration
193,293
d)
Aggregated information
- Aggregated volume 
- Aggregated price 
- Aggregated total
Aggregated volume: 193,293
Aggregated price: 0.0p
Aggregated total :193,293 ordinary shares
e)
Date of transaction
7 July 2017
f)
Place of the transaction
London Stock Exchange (XLON)
Contact:
Desna Martin, Company Secretary
020 7647 3000

This information is provided by RNS
The company news service from the London Stock Exchange
  END
DSHBSGDRRBGBGRR