Director/PDMR Shareholding

RNS Number : 1540Z

Great Portland Estates PLC

15 September 2015

 



Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

15 September 2015

As a result of achievement of the performance target relating to Performance and Matching awards made on 7 June 2012, 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	310,384
Nick Sanderson, Finance Director	184,150
Neil Thompson, Portfolio Director	247,077

In order to meet the tax/NI liability of these shares, the following were sold on 14 September 2015 at a price of 840.2p per share:

	No. of Ordinary shares of 12.5p each sold for tax/NI purposes
Toby Courtauld, Chief Executive	145,881
Nick Sanderson, Finance Director	86,551
Neil Thompson, Portfolio Director	116,127

In addition, the following shares were sold on 14 September 2015 at a price of 837.7p per share

	No. of Ordinary shares of 12.5p each sold for tax/NI purposes
Nick Sanderson, Finance Director	75,000

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	1,504,151	0.44%
Nick Sanderson, Finance Director	208,440	0.06%
Neil Thompson, Portfolio Director	784,696	0.23%

* Includes shares beneficially held in the Company's SIP

Contact:

Desna Martin, Company Secretary

020 7647 3000

 

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