Director/PDMR Shareholding

RNS Number : 1962I

Great Portland Estates PLC

09 June 2011

 



Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

9 June 2011

As a result of achievement of the performance target relating to LTIP awards made on 6 June 2008, the Directors listed below received the following number of GPE ordinary shares of 12.5p each:

                                                                                                                   No. of Ordinary

                                                                                                             shares of 12.5p each

Toby Courtauld, Chief Executive                                                                                  71,188

Neil Thompson, Portfolio Director                                                                                45,624

Of these shares, the following were sold on 9 June 2011 at a price of 434.10p 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                                                                                  37,018

Neil Thompson, Portfolio Director                                                                                23,725

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

                                                                                                                                   Total

                                                                               No. of Ordinary                     percentage

                                                                       shares of 12.5p each*                          holding

Toby Courtauld, Chief Executive                                            602,485                              0.19

Neil Thompson, Portfolio Director                                          246,493                              0.08

* Includes Partnership shares held in the Company's SIP

Contact:

Desna Martin, Company Secretary

020 7647 3000

 

END

 

 

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