Director/PDMR Shareholding

RNS Number : 4527S

Capital & Counties Properties Plc

09 September 2010

 



CAPITAL & COUNTIES PROPERTIES PLC (THE "COMPANY")

NOTIFICATION OF TRANSACTIONS OF DIRECTOR / PDMRs

(A)  AWARDS UNDER THE MATCHING SHARE PLAN

Pursuant to the Company's Matching Share Plan, and the Chairman's arrangements set out in the Prospectus dated 12 March 2010, the following awards of matching shares were made on 1 September 2010 in respect of shares purchased since the demerger:

	Matching Shares	Expected Vesting Date:
Chairman:
Ian Durant	194,504 100,000 106,984 128,048	10 May 2013 11 June 2013 17 June 2013 03 August 2013
Executive Directors:
Soumen Das	80,000 80,000 50,000	18 May 2013 26 May 2013 07 June 2013
Ian Hawksworth	200,000 100,000 89,146 175,680	10 May 2013 27 May 2013 23 June 2010 06 August 2013
Gary Yardley	200,000 100,000 177,158	19 May 2013 01 June 2013 03 August 2013

The awards are subject to the performance conditions set out in the Prospectus.

(B) NON-MARKET TRANSFER OF DIRECTORS' SHARES TO TRUST

The Company was notified today that:

(i)         88,579 shares purchased on 3 August 2010 by Gary Yardley, the Company's Investment Director, were transferred to the Company's Employee Benefit Trust (the "Trust") on 1 September 2010; and

(ii)        87,840 shares purchased on 6 August 2010 by Ian Hawksworth, the Company's Chief Executive, were transferred to the Trust on 1 September 2010.

Each transfer was completed in accordance with part 13.3 of the Additional Information section of the Prospectus dated 12 March 2010 which states that any ordinary shares acquired using the net proceeds of the sale of Liberty International PLC share options are to be held in the Trust for three years from the date of purchase of such shares.

(C) NON-MARKET TRANSFER OF PDMR & DIRECTOR SHARES FROM LIBERTY INTERNATIONAL SHARE INCENTIVE PLAN

The Company was notified today that shares previously held in the Liberty International Share Incentive Plan were transferred to the following Directors and PDMRs of the Company:

Date of transfer:	Name of Director / PDMR:	Number of shares transferred:	Current interest in Capital of the Company:
31 Aug 2010	Ruth Pavey	461	10,804	0.0017%
31 Aug 2010	Beverly Churchill	550	550	0.0001%
31 Aug 2010	Andrew Hicks	3,988	7,359	0.0012%
02 Sept 2010	Ian Hawksworth	1,869	284,621	0.046%
02 Sept 2010	Gary Yardley	1,370	240,160	0.039%

(D) ACQUISITION OF SHARES BY NIGEL NATHAN 

The Company was notified on 8 September 2010 that:

Nigel Nathan, a PDMR of the Company, purchased a total of 9,402 ordinary shares of 25p each at a price of 128p per share on 8 September 2010. Nigel Nathan's shareholding in the Company is now 9,402 ordinary shares of 25p each (0.00015%).

The shares were purchased using net funds acquired from the exercise of share options previously awarded by Capital Shopping Centres Group PLC.

Sara Goldsbrough

Assistant Company Secretary

9 September 2010

020 7960 1419

 

END

 

 

RDSLLFLEAIIAIII