Director/PDMR Shareholding

RNS Number : 2620W

Great Portland Estates PLC

24 July 2009

 

Great Portland Estates plc (GPE) 
GPE Long-Term Incentive Plan (LTIP) 
24 July 2009

Following achievement of the performance target relating to LTIP and SMP awards made on 17 July 2006, the following Directors received the following number of GPE ordinary shares of 12.5p each:

	No. of Ordinary shares of 12.5p each
Toby Courtauld, Chief Executive	130,283
Timon Drakesmith, Finance Director	73,283
Robert Noel, Property Director	104,225
Neil Thompson, Development Director	70,449

Of these shares, the following were sold on 24 July 2009 at a price of 220.21p per share in order to meet the tax/NI liability:

	No. of Ordinary shares of 12.5p each sold for tax/NI purposes
Toby Courtauld, Chief Executive	53,417
Timon Drakesmith, Finance Director	30,047
Robert Noel, Property Director	42,733
Neil Thompson, Development Director	28,885

In addition, the following shares were sold on 24 July 2009 at a price of 219.18 p per share:

	No. of Ordinary shares of 12.5p each
Robert Noel, Property Director	129,223

The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:

	No. of Ordinary shares of 12.5p each	Total percentage holding
Toby Courtauld, Chief Executive	472,780	0.15
Timon Drakesmith, Finance Director	144,124	0.05
Robert Noel, Property Director	175,551	0.06
Neil Thompson, Development Director	164,538	0.05

Contact:

Desna Martin, Company Secretary 
020 7647 3000

 

END

 

 

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