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

Great Portland EstatesAnnouncement

09/08/2017 11:40

RNS Number : 5390N
Great Portland Estates PLC
09 August 2017
Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
9 August 2017
As a result of achievement of the performance target relating to a Matching award granted under the GPE Long-Term Incentive Plan on 31 July 2014, the 2014 Matching award vested on 8 August 2017 and the Director listed below received the following number of GPE ordinary shares of 133/19 peach: 

No. of Ordinary
shares of 133/19 peach
Nick Sanderson, Finance Director
18,219
In order to meet the tax/NI liability of these shares, the following were sold on 8 August 2017 at a price of 609.17p per share:
  

No. of Ordinary 
shares of 133/19 peach 
sold for tax/NI 
purposes
Nick Sanderson, Finance Director
8,563
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
Vesting of a Matching award granted on 31 July 2014 on the achievement of performance targets.
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
Nil consideration
18,219
d)
Aggregated information
- Aggregated volume 
- Aggregated price 
- Aggregated total
Aggregated volume: 18,219
Aggregated price: 0.0p
Aggregated total: 18,219 ordinary shares
e)
Date of transaction
8 August 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
Sale of shares to meet tax/NI liability
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
609.17 p
8,563
d)
Aggregated information
- Aggregated volume 
- Aggregated price 
- Aggregated total
Aggregated volume: 8,563
Aggregated price: 609.17p
Aggregated total: 52,163.39
e)
Date of transaction
8 August 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
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