REG-SEGRO PLC Director/PDMR Shareholding
06/05/2022 15:30
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Director/PDMR Shareholding
6 May 2022
SEGRO plc (the Company)
Directors/PDMRs Shareholding
On 4 May 2022, following a recommendation made by the Company, the Trustee of
the SEGRO plc Employees’ Benefit Trust agreed to release the shares in the
Company subject to the SEGRO plc Deferred Share Bonus Plan (DSBP) awards
granted on 28 June 2019.
On 5 May 2022, the Company granted conditional awards over shares in the
Company under the SEGRO plc 2018 Long Term Incentive Plan (LTIP).
Details of the vesting of DSBP awards held by, and the grant of LTIP awards
to, Directors/PDMRs of the Company are set out in the table below.
Name Transaction Number of shares which vested on 4 May 2022 (Gross) Number of shares which vested on 4 May 2022 (Net) Number of shares subject to awards granted on 5 May 2022 Beneficial holdings (inclusive of the SEGRO plc Share Incentive Plan (SIP))
Directors
David Sleath Vesting of DSBP award 62,730 32,462 - 734,617
Grant of LTIP award(1,2,3) - - 186,709
Soumen Das(4) Vesting of DSBP award 46,615 24,123 - 377,122
Grant of LTIP award(1,2,3) - - 115,698
Andy Gulliford(5) Vesting of DSBP award 41,072 21,254 - 715,881
Grant of LTIP award(1,2,3) - - 101,827
PDMR
Liz Reilly Vesting of DSBP award 5,786 2,994 - 148,509
Grant of LTIP award(1,2,3) - - 26,012
1. The LTIP awards have been structured as conditional awards over ordinary
shares in the Company. Further details of the operation of the LTIP are
available in the Company’s 2021 Annual Report and Accounts.
2. The Remuneration Committee has the discretion to adjust the LTIP awards
downwards at vesting to ensure that all relevant factors are taken into
account, including the consideration of any windfall gains.
3. The number of shares subject to the LTIP awards granted has been calculated
using a share price of 1,162.50 pence, being the closing mid-market quotation
of a share on the business day immediately preceding grant. This method of
calculation is consistent with that used for previous awards.
4. Soumen Das’ beneficial holding is partly held by a Person Closely Associated
(PCA), Dipa Das.
5. Andy Gulliford’s beneficial holding is partly held by a PCA, Jan Gulliford.
The Notification of Dealing Forms provided in accordance with the requirements
of the UK Market Abuse Regulation in relation to the transactions listed above
are set out below:
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name David Sleath
2. Reason for the notification
a) Position/status Chief Executive
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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, type of instrument Ordinary Shares of 10 pence each
b) Nature of the transaction 1. Vesting of DSBP award
2. Grant of LTIP award
c) Price(s) and volume(s) Price Volume Total
1. £12.04 32,462 £390,842.48
2. NIL 186,709 NIL
d) Aggregated information N/A
e) Date of the transaction 1. 4 May 2022
2. 5 May 2022
f) Place of the transaction 1. London Stock Exchange, Main Market (XLON)
2. Off market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Soumen Das
2. Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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, type of instrument Ordinary Shares of 10 pence each
b) Nature of the transaction 1. Vesting of DSBP award
2. Grant of LTIP award
c) Price(s) and volume(s) Price Volume Total
1. £12.04 24,123 £290,440.92
2. NIL 115,698 NIL
d) Aggregated information N/A
e) Date of the transaction 1. 4 May 2022
2. 5 May 2022
f) Place of the transaction 1. London Stock Exchange, Main Market (XLON)
2. Off market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andy Gulliford
2. Reason for the notification
a) Position/status Chief Operating Officer
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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, type of instrument Ordinary Shares of 10 pence each
b) Nature of the transaction 1. Vesting of DSBP award
2. Grant of LTIP award
c) Price(s) and volume(s) Price Volume Total
1. £12.04 21,254 £255,898.16
2. NIL 101,827 NIL
d) Aggregated information N/A
e) Date of the transaction 1. 4 May 2022
2. 5 May 2022
f) Place of the transaction 1. London Stock Exchange, Main Market (XLON)
2. Off market
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Liz Reilly
2. Reason for the notification
a) Position/status Group HR Director
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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, type of instrument Ordinary Shares of 10 pence each
b) Nature of the transaction 1. Vesting of DSBP award
2. Grant of LTIP award
c) Price(s) and volume(s) Price Volume Total
1. £12.04 2,994 £36,047.76
2. NIL 26,012 NIL
d) Aggregated information N/A
e) Date of the transaction 1. 4 May 2022
2. 5 May 2022
f) Place of the transaction 1. London Stock Exchange, Main Market (XLON)
2. Off market
Julia Foo
Company Secretary
020 7451 9083
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