Director/PDMR Shareholding

RNS Number : 5994H

Capital & Counties Properties Plc

13 March 2018

 

CAPITAL & COUNTIES PROPERTIES PLC (THE "COMPANY")

DIRECTOR / PDMR AWARDS

Capital & Counties Properties PLC announces that the following PSP awards were made to Executive Directors on 12 March 2018, based on a market value of 269.1 pence per share:

(A)        ANNUAL PSP AWARDS

	Number of nil cost options:	Exercisable from:
Ian Hawksworth	789,483	12 March 2021
Gary Yardley	707,543	12 March 2021
Situl Jobanputra	486,111	12 March 2021

These awards are subject to the performance conditions and other terms set out in the Company's 2017 Annual Report.

(B)        DEFERRED 2017 BONUS

	Number of nil cost options:	Exercisable from:
Ian Hawksworth	102,153	12 March 2021
Gary Yardley	90,023	12 March 2021
Situl Jobanputra	58,289	12 March 2021

These awards are subject to the terms set out in the Company's 2017 Annual Report.

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Ian Hawksworth
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, auction platform, auctioneer or auction monitor
a)	Name	Capital & Counties Properties PLC
b)	LEI	549300TTXXZ1SHUI0D54
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, type of instrument Identification code	Ordinary shares of 25p each GB00B62G9D36
b)	Nature of the transaction	Award of nil cost options pursuant to the Company's Performance Share Plan 2017
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Nil Cost Nil Cost	Volume(s) 789,483 102,153
e)	Aggregated information - Aggregated volume - Price	891,636 Nil cost
f)	Date of the transaction	2018-03-12
g)	Place of the transaction	London Stock Exchange (XLON)

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Gary Yardley
2	Reason for the notification
a)	Position/status:	Managing Director and Chief Investment Officer
b)	Initial notification /Amendment:	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Capital & Counties Properties PLC
b)	LEI	549300TTXXZ1SHUI0D54
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, type of instrument Identification code	Ordinary shares of 25p each GB00B62G9D36
b)	Nature of the transaction	Award of nil cost options pursuant to the Company's Performance Share Plan 2017
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Nil Cost Nil Cost	Volume(s) 707,543 90,023
e)	Aggregated information - Aggregated volume - Price	797,566 Nil cost
f)	Date of the transaction	2018-03-12
g)	Place of the transaction	London Stock Exchange (XLON)

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Situl Jobanputra
2	Reason for the notification
a)	Position/status:	Chief Financial Officer
b)	Initial notification /Amendment:	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Capital & Counties Properties PLC
b)	LEI	549300TTXXZ1SHUI0D54
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, type of instrument Identification code	Ordinary shares of 25p each GB00B62G9D36
b)	Nature of the transaction	Award of nil cost options pursuant to the Company's Performance Share Plan 2017
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Nil Cost Nil Cost	Volume(s) 486,111 58,289
e)	Aggregated information - Aggregated volume - Price	544,400 Nil cost
f)	Date of the transaction	2018-03-12
g)	Place of the transaction	London Stock Exchange (XLON)

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMRs' notification obligations under MAR have also been satisfied.

Name of officer of issuer responsible for making notification: Ruth Pavey

Date of Notification: 13 March 2018

Ruth Pavey

Company Secretary

13 March 2018

020 3214 9184

 

END

 

 

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