Director/PDMR Shareholding

RNS Number : 2961F

Capital & Counties Properties Plc

06 March 2020

 

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 3 March 2020, based on a market value of 201.35 pence per share:

(A)  ANNUAL PSP AWARDS

	Number of nil cost options:	Exercisable from:
Ian Hawksworth	1,112,490	3 March 2023
Situl Jobanputra	738,763	3 March 2023
Michelle McGrath	514,030	3 March 2023

These awards are subject to the performance conditions and other terms set out in the Company's 2019 Annual Report.

(B)  DEFERRED 2019 BONUS

	Number of nil cost options:	Exercisable from:
Ian Hawksworth	192,450	3 March 2023
Situl Jobanputra	124,161	3 March 2023

These awards are subject to the terms set out in the Company's 2019 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) 1,112,490 192,450
e)	Aggregated information - Aggregated volume - Price	1,304,940 Nil cost
f)	Date of the transaction	2020-03-03
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) 738,763 124,161
e)	Aggregated information - Aggregated volume - Price	862,924 Nil cost
f)	Date of the transaction	2020-03-03
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:	Michelle McGrath
2	Reason for the notification
a)	Position/status:	Executive Director
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	Volume(s) 514,030
e)	Aggregated information - Aggregated volume - Price	514,030 Nil cost
f)	Date of the transaction	2020-03-03
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: 6 March 2020

Ruth Pavey

Company Secretary

6 March 2020

020 3214 9170

 

END

 

 

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