REG - Great Portland Ests. - Director/PDMR Shareholding

Great Portland EstatesAnnouncement

30/05/2025 15:30

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RNS Number : 8583K  Great Portland Estates PLC  30 May 2025

30 May 2025

 

Great Portland Estates plc (the "Company")

 

Grant of Awards under the Great Portland Estates plc Deferred Share Bonus Plan
(the "DSBP") and Restricted Share Plan (the "RSP")

 

The Company announces that, on 30 May 2025 (the "Grant Date"), the following
Directors were each granted awards under the DSBP and the RSP over the number
of Ordinary Shares of 15 (5)/(19) pence in the Company set out against their
names below, the number of shares being calculated using a market price of
331.40 pence per share:

 

 Director        Position/Status                          Share Plan  Grant date  Number of shares subject to award  Vesting date  Date exercisable
 Toby Courtauld  Chief Executive                          DSBP        30.05.2025  81,865                             30.05.2028    30.05.2028

                                                          RSP         30.05.2025  322,721                            30.05.2028    30.05.2030

 Nick Sanderson  Chief Financial & Operating Officer      DSBP        30.05.2025  55,720                             30.05.2028    30.05.2028

                                                          RSP         30.05.2025  222,034                            30.05.2028    30.05.2030

 Dan Nicholson   Executive Director                       DSBP        30.05.2025  45,391                             30.05.2028    30.05.2028

                                                          RSP         30.05.2025  192,365                            30.05.2028    30.05.2030

 

The awards under the DSBP were granted as nil cost options and were granted in
respect of the deferred bonus for the 2024/25 financial year.

 

The awards under the RSP were granted as nil cost options and are subject to
continued service and underpin conditions relating to the period expiring on
the third anniversary of the Grant Date. The vested shares will be subject to
a two-year holding period following the end of the three-year underpin period.

 

The Notification of Dealing Forms for each Director can be found below.  This
announcement is made in accordance with the UK Market Abuse Regulation
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 

 

 

 DSBP awards:

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 15 (5)/(19)p

                        ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                        rules of the Great Portland Estates plc Deferred Share Bonus Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
   Ordinary shares                          Nil consideration                         81,865
 d)  Aggregated information                   Aggregated volume: 81,865

   -      Aggregated volume                 Aggregated price: 0.0p

   -      Aggregated price                  Aggregated total:  81,865 ordinary shares

   -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Nick Sanderson
 2.  Reason for the notification
 a)  Position/status                          Chief Financial & Operating Officer
 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 15 (5)/(19) p

                        ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                        rules of the Great Portland Estates plc Deferred Share Bonus Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
   Ordinary shares                          Nil consideration                         55,720
 d)  Aggregated information                   Aggregated volume:  55,720

   -      Aggregated volume                 Aggregated price: 0.0p

   -      Aggregated price                  Aggregated total:  55,720 ordinary shares

   -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Dan Nicholson
 2.  Reason for the notification
 a)  Position/status                          Executive 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 15 (5)/(19) p

                        ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                        rules of the Great Portland Estates plc Deferred Share Bonus Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
   Ordinary shares                          Nil consideration                          45,391
 d)  Aggregated information                   Aggregated volume:  45,391

   -      Aggregated volume                 Aggregated price: 0.0p

   -      Aggregated price                  Aggregated total:  45,391 ordinary shares

   -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

 RSP awards:

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 15 (5)/(19)p

                        ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                        rules of the Great Portland Estates Restricted Share Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
   Ordinary shares                          Nil consideration                          322,721
 d)  Aggregated information                   Aggregated volume: 322,721

   -      Aggregated volume                 Aggregated price: 0.0p

   -      Aggregated price                  Aggregated total: 322,721 ordinary shares

   -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Nick Sanderson
 2.  Reason for the notification
 a)  Position/status                          Chief Financial & Operating Officer
 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 15 (5)/(19) p

                        ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                        rules of the Great Portland Estates Restricted Share Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
   Ordinary shares                          Nil consideration                          222,034
 d)  Aggregated information                   Aggregated volume:  222,034

   -      Aggregated volume                 Aggregated price: 0.0p

   -      Aggregated price                  Aggregated total: 222,034 ordinary shares

   -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Dan Nicholson
 2.  Reason for the notification
 a)  Position/status                          Executive 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 15 (5)/(19) p

                        ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                        rules of the Great Portland Estates Restricted Share Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
   Ordinary shares                          Nil consideration                          192,365
 d)  Aggregated information                   Aggregated volume: 192,365

   -      Aggregated volume                 Aggregated price: 0.0p

   -      Aggregated price                  Aggregated total: 192,365 ordinary shares

   -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

 

 1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Nick Sanderson
 2.  Reason for the notification
 a)  Position/status                          Chief Financial & Operating Officer
 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 15 (5)/(19) p

                                              ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                                              rules of the Great Portland Estates plc Deferred Share Bonus Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          Nil consideration                         55,720
 d)  Aggregated information                   Aggregated volume:  55,720

     -      Aggregated volume                 Aggregated price: 0.0p

     -      Aggregated price                  Aggregated total:  55,720 ordinary shares

     -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

 1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Dan Nicholson
 2.  Reason for the notification
 a)  Position/status                          Executive 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 15 (5)/(19) p

                                              ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                                              rules of the Great Portland Estates plc Deferred Share Bonus Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          Nil consideration                          45,391
 d)  Aggregated information                   Aggregated volume:  45,391

     -      Aggregated volume                 Aggregated price: 0.0p

     -      Aggregated price                  Aggregated total:  45,391 ordinary shares

     -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

RSP awards:

 

 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 15 (5)/(19)p

                                              ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                                              rules of the Great Portland Estates Restricted Share Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          Nil consideration                          322,721
 d)  Aggregated information                   Aggregated volume: 322,721

     -      Aggregated volume                 Aggregated price: 0.0p

     -      Aggregated price                  Aggregated total: 322,721 ordinary shares

     -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

 1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Nick Sanderson
 2.  Reason for the notification
 a)  Position/status                          Chief Financial & Operating Officer
 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 15 (5)/(19) p

                                              ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                                              rules of the Great Portland Estates Restricted Share Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          Nil consideration                          222,034
 d)  Aggregated information                   Aggregated volume:  222,034

     -      Aggregated volume                 Aggregated price: 0.0p

     -      Aggregated price                  Aggregated total: 222,034 ordinary shares

     -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

 1.  Details of PDMR/person closely associated with them ("PCA")
 a)  Name                                     Dan Nicholson
 2.  Reason for the notification
 a)  Position/status                          Executive 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 15 (5)/(19) p

                                              ISIN: GB00BF5H9P87
 b)  Nature of the transaction                Grant of award over ordinary shares in the form of a nil cost option under the
                                              rules of the Great Portland Estates Restricted Share Plan
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          Nil consideration                          192,365
 d)  Aggregated information                   Aggregated volume: 192,365

     -      Aggregated volume                 Aggregated price: 0.0p

     -      Aggregated price                  Aggregated total: 192,365 ordinary shares

     -      Aggregated total
 e)  Date of transaction                      30 May 2025
 f)  Place of the transaction                 Outside of trading venue

 

 

 

Contact:

Great Portland Estates plc

Darren Lennark

General Counsel & Company Secretary

020 7647 3000

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