REG - Great Portland Ests. - Director/PDMR Shareholding
Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
22 June 2018
As a result of achievement of the performance target relating to Performance and Matching awards made on 15 June 2015, the Directors listed below received the following number of GPE ordinary shares of 155/19 p each:
No. of Ordinary
shares of 155/19 p each
Toby Courtauld, Chief Executive
19,130
Nick Sanderson, Finance Director
12,531
In order to meet the tax/NI liability of these shares, the following were sold on 21 June 2018 at a price of 713.29p per share:
No. of Ordinary
shares of 155/19 p each
sold for tax/NI
purposes
Toby Courtauld, Chief Executive
8,992
Nick Sanderson, Finance Director
5,890
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 155/19 p
ISIN: GB00BF5H9P87
b)
Nature of the transaction
Achievement of performance target relating to Performance and Matching awards made on
15 June 2015
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
Nil consideration
19,130
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
Aggregated volume: 19,130
Aggregated price: 0.0p
Aggregated total: 19,130 ordinary shares
e)
Date of transaction
21 June 2018
f)
Place of the transaction
London Stock Exchange (XLON)
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 155/19 p
ISIN: GB00BF5H9P87
b)
Nature of the transaction
Sale of shares to meet tax/NI liability
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
713.29p
8,992
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
Aggregated volume: 8,992
Aggregated price: 713.29p
Aggregated total: £64,138.87
e)
Date of transaction
21 June 2018
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 155/19 p
ISIN: GB00BF5H9P87
b)
Nature of the transaction
Achievement of performance target relating to Performance and Matching awards made on
15 June 2015
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
713.29p
12,531
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
Aggregated volume: 12,531
Aggregated price: 0.0p
Aggregated total: 12,531 ordinary shares
e)
Date of transaction
21 June 2018
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 155/19 p
ISIN: GB00BF5H9P87
b)
Nature of the transaction
Sale of shares to meet tax/NI liability
c)
Price(s) and volume(s)
Price
Volume(s)
Ordinary shares
713.29p
5,890
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
Aggregated volume: 5,890
Aggregated price: 713.29p
Aggregated total: £42,012.67
e)
Date of transaction
21 June 2018
f)
Place of the transaction
London Stock Exchange (XLON)
Contact:
Desna Martin, Company Secretary
020 7647 3000
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