REG - Shaftesbury Capital - Director/PDMR Shareholding

Shaftesbury CapitalAnnouncement

08/03/2023 15:45

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RNS Number : 3393S  Shaftesbury Capital Plc  08 March 2023

SHAFTESBURY CAPITAL PLC (the "Company")

 

Director/PDMR Shareholding

 

Following the granting of options over Shaftesbury PLC's ordinary shares of 25
pence each under Shaftesbury PLC's Sharesave Scheme on 9 July 2020, and
further to completion of the all-share merger of Shaftesbury PLC and Capital
& Counties Properties PLC (the "Merger") with effect from 6 March 2023,
Chris Ward's options under the Sharesave Scheme converted to options in the
Company as detailed in the table below:

 

             Original number of options  Shaftesbury Capital  options   Sharesave contract commences  Option exercise period commences

 Chris Ward  3,252                       10,913                         1 August 2020                 1 August 2025

 

 

The option price has been adjusted in line with the exchange ratio from £4.61
per share to £1.3738.

 

The permitted exercise period for Sharesave options is six months, commencing
on the dates listed above. No consideration was paid for the grant of these
options.

 

For further information please contact:

 

Desna Martin

Group Company Secretary

 

8 March 2023

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Chris Ward

 2    Reason for the notification

 a)   Position/status                                              Chief Operating Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Shaftesbury Capital PLC

 b)   LEI                                                          549300TTXXZ1SHUI0D54

 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 25 pence each

      Identification code                                          GB00B62G9D36

 b)   Nature of the transaction                                    Grant of options from the 2020 Sharesave scheme exchanged from Shaftesbury PLC

                                                                 options to Shaftesbury Capital PLC options following the all-share merger
                                                                   between Shaftesbury PLC and Capital & Counties Properties PLC.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         1.3738                10,913

 d)   Aggregated information

      - Aggregated volume                                          10,913

      - Price                                                      14,992.28

 e)   Date of the transaction                                      6 March 2023

 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

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