Director/PDMR Shareholding

RNS Number : 7790D

Capital & Counties Properties Plc

28 March 2011

 



CAPITAL & COUNTIES PROPERTIES PLC (THE "COMPANY")

DIRECTOR / PDMR AWARDS

In accordance with DTR 3.1.4(1)(a), Capital & Counties Properties PLC announces that the following awards have been made to the Executive Directors and PDMRs named below:

(A)          NIL COST OPTIONS

Pursuant to the Company's Performance Share Plan, on 21 March 2011, the following awards of nil cost options were made. The number of options awarded was based on a market value of 157.73 p per share:

	Number of options:	Expected Vesting Date:
Ian Hawksworth	418,436	20 March 2014
Gary Yardley	370,886	20 March 2014
Soumen Das	275,787	20 March 2014

(B)          SHARE OPTIONS

Pursuant to the Company's Performance Share Plan, on 21 March 2011 the following awards of share options were made at an exercise price of 157.73p per share:  

	Number of approved options	Number of unapproved options	Expected Vesting Date:
Executive Directors:
Ian Hawksworth	19,019	-	20 March 2014
Gary Yardley	19,019	-	20 March 2014
Soumen Das	19,019	-	20 March 2014
PDMRs:
Bill Black	19,019	105,998	20 March 2014
Beverly Churchill	19,019	105,798	20 March 2014
Donald Grant	19,019	123,629	20 March 2014
Andrew Hicks	19,019	80,835	20 March 2014
Gavin Mitchell	19,019	95,100	20 March 2014
Nigel Nathan	19,019	52,305	20 March 2014
Ruth Pavey	19,019	38,040	20 March 2014
Richard Powell	19,019	80,835	20 March 2014
Bob Tattar	19,019	87,967	20 March 2014
Michael Vaughan-Johns	19,019	147,404	20 March 2014

(C)          DEFERRED SHARE AWARDS

On 18 March 2011, the following deferred shares were awarded. These awards represent the 50% of each Executive Director's bonus that was deferred into shares for three years. The shares were awarded based on a market value of 160.10 p per share:

	Number of deferred shares awarded	Expected Vesting Date:
Ian Hawksworth	205,535	20 March 2014
Gary Yardley	182,698	20 March 2014
Soumen Das	137,023	20 March 2014

(D)          MATCHING SHARE PLAN

Pursuant to the Company's Matching Share Plan, on 18 March 2011 the following matching shares were awarded in respect of the deferred shares above:

	Number of matching shares awarded	Expected Vesting Date:
Ian Hawksworth	205,535	20 March 2014
Gary Yardley	182,698	20 March 2014
Soumen Das	137,023	20 March 2014

The matching awards are subject to the performance conditions set out in the Annual Report and Accounts 2010.

Ruth Pavey

Company Secretary

28 March 2011

020 3214 9154

 

END

 

 

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