Director/PDMR Shareholding

RNS Number : 4953K

Great Portland Estates PLC

07 July 2017

 

Great Portland Estates plc (the Company)

2010 Long-Term Incentive Plan

7 July 2017

The Company announces that on Friday 7 July 2017 it granted awards under the Company's 2010 Long Term Incentive Plan. The awards were granted as nil cost options which are subject to criteria relating to the Company's performance over the three year period commencing on the date of grant.

The 488,372 Ordinary Shares of 13³/₁₉ pence, granted under the Company's 2010 Long Term Incentive Plan were allocated as follows:

Director	Date of Grant	Performance Award Number of Shares	Vesting Date	Date Exercisable
Toby Courtauld	07.07.17	295,079	07.07.20	07.07.22
Nick Sanderson	07.07.17	193,293	07.07.20	07.07.22

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 133/19 p ISIN: GB00BZ0XJR39
b)	Nature of the transaction	Grant of nil cost options   under the Company's 2010 Long Term Incentive Plan.

c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	295,079
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 295,079 Aggregated price: 0.0p Aggregated total: 295,079 ordinary shares
e)	Date of transaction	7 July 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	Grant of nil cost options under the Company's 2010 Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	193,293
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 193,293 Aggregated price: 0.0p Aggregated total :193,293 ordinary shares
e)	Date of transaction	7 July 2017
f)	Place of the transaction	London Stock Exchange (XLON)

Contact:

Desna Martin, Company Secretary

020 7647 3000

 

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