Director/PDMR Shareholding

RNS Number : 0064S

Great Portland Estates PLC

01 November 2019

 

1 November 2019

Director/PDMR Shareholding

Notification of monthly investment in the Great Portland Estates plc 2010 Share Incentive Plan ('SIP')

Barclays Bank Trust Company Limited (the 'Trustees'), Trustees of the Great Portland Estates plc SIP, notified the Company on 31 October 2019 that they purchased a total of 4,074 ordinary 15⁵/₁₉ p shares at a price of 796.47 pence per share on 31 October 2019 under the 'Partnership' and 'Matching' element of the Company's SIP.

Under the terms of the SIP each eligible participating employee can contribute from monthly salary to purchase 'Partnership Shares', and the Company matches this by awarding two 'Matching Shares' for every one 'Partnership Share' purchased by participating employees.

As participants in the SIP, the Executive Directors are deemed to have an interest in the shares held by the Trustees.  In accordance with the EU Market Abuse Regulation, the Company gives notice that of the above shares acquired by the Trustees, the shares purchased on behalf of the Company's Executive Directors/PDMRs were as follows:

	Number of Partnership shares acquired under the SIP for the month	Number of Matching shares acquired under the SIP for the month	Total number of shares within SIP
T Courtauld	18	36	6,748
N Sanderson	19	38	5,690

Full details of the PDMRs' transactions are as follows:

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 155/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Acquisition of shares through the Great Portland Estates plc 2010 Share Incentive Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Partnership shares	796.47p	18
	Matching shares	0.00p	36
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 54 Aggregated value: 265.50p
e)	Date of transaction	31 October 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Nick Sanderson
2.	Reason for the notification
a)	Position/status	Finance 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 155/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Acquisition of shares through the Great Portland Estates plc 2010 Share Incentive Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Partnership shares	796.47p	19
	Matching shares	0.00p	38
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 57 Aggregated value: 265.49p
e)	Date of transaction	31 October 2019
f)	Place of the transaction	London Stock Exchange (XLON)

Contact:

Great Portland Estates plc
Julie McLeod         

Deputy Company Secretary

020 7647 3000

 

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