Director/PDMR Shareholding

RNS Number : 6186Q

Capital & Counties Properties Plc

01 March 2016

 

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 were made to two Executive Directors on 29 February 2016:

AWARDS UNDER THE MATCHING SHARE PLAN

The following awards of nil cost options were made to Ian Hawksworth and Soumen Das on 29 February 2016. The awards were made under the Capital & Counties Properties PLC Matching Share Plan following the co-investment of shares held by Ian Hawksworth and Soumen Das, and were based on a market value of 317.8 pence per share:

	Number of shares co-invested	Number of nil cost options awarded:	Expected vesting date:
Ian Hawksworth	94,699	189,398	01/03/2019
Soumen Das	53,448	106,896	01/03/2019

Each of the three Executive Directors have now invested the maximum amount under the 2013 co-investment invitation.

The vesting of the awards above is dependent on the satisfaction of performance conditions set out in the Company's 2014 Annual Report.

Ruth Pavey

Company Secretary

1 March 2016

020 3214 9184

 

END

 

 

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