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

Great Portland EstatesAnnouncement

16/09/2015 11:10

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RNS Number : 2303Z
Great Portland Estates PLC
16 September 2015 
 
The following amendment has been made to the 'Great Portland Ests.
Director/PDMR Shareholding' announcement for the GPE Long-Term Incentive Plan
(LTIP) released on 15 September 2015 at 16.33 under RNS No 1540Z. 
 
The announcement has been amended to correct the heading to the third table. 
All other details remain unchanged. 
 
The full amended announcement is shown below. 
 
Great Portland Estates plc (GPE) 
 
GPE Long-Term Incentive Plan (LTIP) 
 
15 September 2015 
 
As a result of achievement of the performance target relating to Performance
and Matching awards made on 7 June 2012, the Directors listed below received
the following number of GPE ordinary shares of 12.5p each: 
 
                                    No. of Ordinaryshares of 12.5p each  
 Toby Courtauld, Chief Executive    310,384                              
 Nick Sanderson, Finance Director   184,150                              
 Neil Thompson, Portfolio Director  247,077                              
 
 
In order to meet the tax/NI liability of these shares, the following were sold
on 14 September 2015 at a price of 840.2p per share: 
 
                                    No. of Ordinary shares of 12.5p each sold for tax/NI purposes  
 Toby Courtauld, Chief Executive    145,881                                                        
 Nick Sanderson, Finance Director   86,551                                                         
 Neil Thompson, Portfolio Director  116,127                                                        
 
 
In addition, the following shares were sold on 14 September 2015 at a price of
837.7p per share 
 
                                   No. of Ordinary shares of 12.5p each  
 Nick Sanderson, Finance Director  75,000                                
 
 
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    1,504,151                              0.44%                     
 Nick Sanderson, Finance Director   208,440                                0.06%                     
 Neil Thompson, Portfolio Director  784,696                                0.23%                     
 
 
* Includes shares beneficially held in the Company's SIP 
 
Contact: 
 
Desna Martin, Company Secretary 
 
020 7647 3000 
 
This information is provided by RNS
The company news service from the London Stock Exchange