Director/PDMR Shareholding

RNS Number : 5390N

Great Portland Estates PLC

09 August 2017

Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

9 August 2017

As a result of achievement of the performance target relating to a Matching award granted under the GPE Long-Term Incentive Plan on 31 July 2014, the 2014 Matching award vested on 8 August 2017 and the Director listed below received the following number of GPE ordinary shares of 13³/₁₉ p each:

No. of Ordinary

shares of 13³/₁₉ p each

Nick Sanderson, Finance Director

18,219

In order to meet the tax/NI liability of these shares, the following were sold on 8 August 2017 at a price of 609.17p per share:

No. of Ordinary

shares of 13³/₁₉ p each

sold for tax/NI

purposes

Nick Sanderson, Finance Director

8,563

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 13³/₁₉ p ISIN: GB00BZ0XJR39
b)	Nature of the transaction	Vesting of a Matching award granted on 31 July 2014 on the achievement of performance targets.
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	18,219
d)	Aggregated information - Aggregated volume - Aggregated price - Aggregated total	Aggregated volume: 18,219 Aggregated price: 0.0p Aggregated total: 18,219 ordinary shares
e)	Date of transaction	8 August 2017
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 13³/₁₉ p ISIN: GB00BZ0XJR39
b)	Nature of the transaction	Sale of shares to meet tax/NI liability
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	609.17 p	8,563
d)	Aggregated information - Aggregated volume - Aggregated price - Aggregated total	Aggregated volume: 8,563 Aggregated price: 609.17p Aggregated total: £52,163.39
e)	Date of transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange (XLON)