REG - Great Portland Ests. - Director/PDMR Shareholding

Great Portland EstatesAnnouncement

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RNS Number : 8734G  Great Portland Estates PLC  03 June 2026

3 June 2026

 

Great Portland Estates plc (the "Company")

 

Exercise of nil-cost options under The Great Portland Estates Deferred Share
Bonus Plan (the "DSBP")

 

The Company announces that, on 2 June 2026, the following Directors:

(i)  exercised their nil cost options over the following numbers of ordinary
shares of 15 (5)/(19) pence each in the Company, comprising of those granted
under the original DSBP award granted on 2 June 2023, and, as announced on 21
June 2024, the additional DSBP options awarded to reflect the impact of the
Company's rights issue announced on 23 May 2024.

 

 Director        PDMR / Title        Total no. of ordinary shares of

15 (5)/(19) pence each acquired upon exercise of options
 Toby Courtauld  Chief Executive     62,095
 Dan Nicholson   Executive Director  33,999

 

(ii) sold the following numbers of ordinary shares of 15 (5)/(19) pence each
in the Company in order to meet the income tax and National Insurance
contributions liabilities arising on the exercise of their options at a price
of 314.2p per share:

 

 Director        PDMR / Title        No. of ordinary shares of

                                     15 (5)/(19) pence each sold for tax/NIC purposes
 Toby Courtauld  Chief Executive     29,288
 Dan Nicholson   Executive Director  16,037

 

 

 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                1. Exercise of nil cost options granted under the rules of The Great Portland
                                              Estates Deferred Share Bonus Plan.

                                              2. Sale of shares to meet income tax and National Insurance contributions
                                              liabilities arising on the exercise of options granted under the rules of The
                                              Great Portland Estates Deferred Share Bonus Plan.
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          1. Nil consideration                      1. 62,095
     2. 314.2p                                2. 29,288
 d)  Aggregated information                   1. Aggregated volume: 62,095

     Aggregated volume                               Aggregated price: Nil

     Aggregated price                                Aggregated total: 62,095 ordinary shares

     Aggregated total
                                              2. Aggregated volume: 29,288

                                                     Aggregated price: 314.2p

                                                     Aggregated total: £92,022.90
 e)  Date of transaction                      2 June 2026
 f)  Place of the transaction                 1.    Outside of trading venue

                                              2.    London Stock Exchange (XLON)

 

 

 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                1. Exercise of nil cost options granted under the rules of The Great Portland
                                              Estates Deferred Share Bonus Plan.

                                              2. Sale of shares to meet income tax and National Insurance contributions
                                              liabilities arising on the exercise of options granted under the rules of The
                                              Great Portland Estates Deferred Share Bonus Plan.
 c)  Price(s) and volume(s)                   Price                                     Volume(s)
     Ordinary shares                          1. Nil consideration                      1. 33,999
     2. 314.2p                                2. 16,037
 d)  Aggregated information                   1. Aggregated volume: 33,999

     Aggregated volume                               Aggregated price: Nil

     Aggregated price                                Aggregated total: 33,999 ordinary shares

     Aggregated total
                                              2. Aggregated volume: 16,037

                                              Aggregated price: 314.2p

                                                     Aggregated total: £50,388.25
 e)  Date of transaction                      2 June 2026
 f)  Place of the transaction                 1. Outside of trading venue

                                              2. London Stock Exchange (XLON)

 

 

 

Contact:

Great Portland Estates plc

Darren Lennark

General Counsel & Company Secretary

020 7647 3000

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