Director/PDMR Shareholding

RNS Number : 9033P

Great Portland Estates PLC

31 May 2018

 

Company Announcements Office

London Stock Exchange

London EC2N 1HP

31 May 2018

Our ref: DM/gal

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's SIP, notified the Company on 31 May 2018 that they purchased a total of 4,242 ordinary 15⁵/₁₉ p shares at a price of 691.6 pence per share on 31 May 2018 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	22	44	5,680
N Sanderson	22	44	4,619

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	691.6p	22
	Matching shares	0.00p	44
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 66 Aggregated value: 230.5p
e)	Date of transaction	31 May 2018
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	691.6p	22
	Matching shares	0.00p	44
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 66 Aggregated value: 230.5p
e)	Date of transaction	31 May 2018
f)	Place of the transaction	London Stock Exchange (XLON)

Contact:

Great Portland Estates plc
Desna Martin         

Company Secretary

020 7647 3093

 

END

 

 

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