REG - Great Portland Ests. - Director/PDMR Shareholding

Great Portland EstatesAnnouncement

01/04/2020 16:50

RNS Number : 4837I
  
Great Portland Estates PLC
  
01 April 2020
  
 

1 April 2020
 
Director/PDMR Shareholding
 
Notification of monthly investment in the Great Portland Estates plc 2010 Share Incentive Plan ('SIP') 
 
Barclays Bank Trust Company Limited (the 'Trustees'), Trustees of the Great Portland Estates plc SIP, notified the Company on 1 April 2020 that they purchased ordinary shares of 155/19 pence each at a price of 670.20 pence per share on 31 March 2020 under the 'Partnership' and 'Matching' element of the Company's SIP.
 
Under the terms of the SIP each eligible participating employee can contribute from monthly salary to purchase 'Partnership Shares', and the Company matches this by awarding two 'Matching Shares' for every one 'Partnership Share' purchased by participating employees.
 
As participants in the SIP, the Executive Directors are deemed to have an interest in the shares held by the Trustees.  In accordance with the EU Market Abuse Regulation, the Company gives notice that of the shares acquired by the Trustees, the shares purchased on behalf of the Company's Executive Directors/PDMRs were as follows:
 







Number of Partnership shares acquired under the SIP for the month


Number of Matching shares acquired under the SIP for the month
 




T Courtauld


23


46




N Sanderson


22


44



 
Full details of the PDMRs' transactions are as follows:
 



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 


Acquisition of shares through the Great Portland Estates plc 2010 Share Incentive Plan 




c) 


Price(s) and volume(s)


Price 


Volume(s)




Partnership shares


670.20p


23








Matching shares


0.00p


46




d)


Aggregated information
-      Aggregated volume 
-      Aggregated price 
-      Aggregated total


Aggregated volume: 69
Aggregated value: 223.40p




e)


Date of transaction 


31 March 2020




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 


Acquisition of shares through the Great Portland Estates plc 2010 Share Incentive Plan 




c) 


Price(s) and volume(s)


Price 


Volume(s)




Partnership shares


670.20p


22








Matching shares


0.00p


44




d)


Aggregated information
-      Aggregated volume 
-      Aggregated price 
-      Aggregated total


Aggregated volume: 66
Aggregated value: 223.40p




e)


Date of transaction 


31 March 2020




f)


Place of the transaction 


London Stock Exchange (XLON)



 
 
Contact:
Great Portland Estates plc

Julie McLeod           
Deputy Company Secretary
020 7647 3000


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