Director/PDMR Shareholding

Director/PDMR Shareholding

SEGRO PLC

6 May 2022

SEGRO plc (the Company)

Directors/PDMRs Shareholding

On 4 May 2022, following a recommendation made by the Company, the Trustee of the SEGRO plc Employees’ Benefit Trust agreed to release the shares in the Company subject to the SEGRO plc Deferred Share Bonus Plan (DSBP) awards granted on 28 June 2019.

On 5 May 2022, the Company granted conditional awards over shares in the Company under the SEGRO plc 2018 Long Term Incentive Plan (LTIP).

Details of the vesting of DSBP awards held by, and the grant of LTIP awards to, Directors/PDMRs of the Company are set out in the table below.

Name	Transaction	Number of shares which vested on 4 May 2022 (Gross)	Number of shares which vested on 4 May 2022 (Net)	Number of shares subject to awards granted on 5 May 2022	Beneficial holdings (inclusive of the SEGRO plc Share Incentive Plan (SIP))
Directors
David Sleath	Vesting of DSBP award	62,730	32,462	-	734,617
	Grant of LTIP award1,2,3	-	-	186,709
Soumen Das4	Vesting of DSBP award	46,615	24,123	-	377,122
	Grant of LTIP award1,2,3	-	-	115,698
Andy Gulliford5	Vesting of DSBP award	41,072	21,254	-	715,881
	Grant of LTIP award1,2,3	-	-	101,827
PDMR
Liz Reilly	Vesting of DSBP award	5,786	2,994	-	148,509
	Grant of LTIP award1,2,3	-	-	26,012

1. The LTIP awards have been structured as conditional awards over ordinary shares in the Company. Further details of the operation of the LTIP are available in the Company’s 2021 Annual Report and Accounts.
2. The Remuneration Committee has the discretion to adjust the LTIP awards downwards at vesting to ensure that all relevant factors are taken into account, including the consideration of any windfall gains.
3. The number of shares subject to the LTIP awards granted has been calculated using a share price of 1,162.50 pence, being the closing mid-market quotation of a share on the business day immediately preceding grant. This method of calculation is consistent with that used for previous awards.
4. Soumen Das’ beneficial holding is partly held by a Person Closely Associated (PCA), Dipa Das.
5. Andy Gulliford’s beneficial holding is partly held by a PCA, Jan Gulliford.

The Notification of Dealing Forms provided in accordance with the requirements of the UK Market Abuse Regulation in relation to the transactions listed above are set out below:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Sleath
2.	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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	Ordinary Shares of 10 pence each
b)	Nature of the transaction	Vesting of DSBP award Grant of LTIP award
c)	Price(s) and volume(s)	Price Volume Total 1. £12.04 32,462 £390,842.48 2. NIL 186,709 NIL
d)	Aggregated information	N/A
e)	Date of the transaction	4 May 2022 5 May 2022
f)	Place of the transaction	London Stock Exchange, Main Market (XLON) Off market

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Soumen Das
2.	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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	Ordinary Shares of 10 pence each
b)	Nature of the transaction	Vesting of DSBP award Grant of LTIP award
c)	Price(s) and volume(s)	Price Volume Total 1. £12.04 24,123 £290,440.92 2. NIL 115,698 NIL
d)	Aggregated information	N/A
e)	Date of the transaction	4 May 2022 5 May 2022
f)	Place of the transaction	London Stock Exchange, Main Market (XLON) Off market

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Gulliford
2.	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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	Ordinary Shares of 10 pence each
b)	Nature of the transaction	Vesting of DSBP award Grant of LTIP award
c)	Price(s) and volume(s)	Price Volume Total 1. £12.04 21,254 £255,898.16 2. NIL 101,827 NIL
d)	Aggregated information	N/A
e)	Date of the transaction	4 May 2022 5 May 2022
f)	Place of the transaction	London Stock Exchange, Main Market (XLON) Off market

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Liz Reilly
2.	Reason for the notification
a)	Position/status	Group HR Director
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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	Ordinary Shares of 10 pence each
b)	Nature of the transaction	Vesting of DSBP award Grant of LTIP award
c)	Price(s) and volume(s)	Price Volume Total 1. £12.04 2,994 £36,047.76 2. NIL 26,012 NIL
d)	Aggregated information	N/A
e)	Date of the transaction	4 May 2022 5 May 2022
f)	Place of the transaction	London Stock Exchange, Main Market (XLON) Off market

Julia Foo
Company Secretary
020 7451 9083

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