Director/PDMR Shareholding

RNS Number : 6928V

Great Portland Estates PLC

30 May 2008

 

                                                                                                                                                                                                                              

Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
30 May 2008

Following achievement of the performance target relating to LTIP awards made on 25 May 2005, the following Directors received the following number of GPE ordinary shares of 12.5p each:

                                                                                                                                                                       No. of Ordinary
                                                                                                                                                                shares of 12.5p each

Toby Courtauld, Chief Executive                                                                                                                                133,928
Robert Noel, Property Director                                                                                                                                  107,142
Neil Thompson, Development Director                                                                                                                         71,428
 

  Of these shares, the following were sold on 30 May 2008 at a price of 383.247p per share in order to meet the tax/NI liability: 

                                                                                                                                                                     No. of Ordinary
                                                                                                                                                                shares of 12.5p each
                                                                                                                                                                        sold for tax/NI
                                                                                                                                                                                purposes

Toby Courtauld, Chief Executive                                                                                                                                 54,911
Robert Noel, Property Director                                                                                                                                  43,929
Neil Thompson, Development Director                                                                                                                        29,286
 

  In addition, the following shares were sold on 30 May 2008 at a price of 383.247p per share:

                                                                                                                                                                      No. of Ordinary
                                                                                                                                                                shares of 12.5p each

Robert Noel, Property Director                                                                                                                                    24,000

And the following shares were bought on 30 May 2008 at a price of 392.391p per share:

Rock Nominees Limited (as custodian for Robert Noel's SIPP)                                                                                    24,000

The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:

                                                                                                                                                                                          Total
                                                                                                                                    No. of Ordinary                     percentage
                                                                                                                             shares of 12.5p each                           holding

Toby Courtauld, Chief Executive                                                                                              219,214                            0.12%
Robert Noel, Property Director                                                                                                140,848                            0.08%
Neil Thompson, Development Director                                                                                       71,196                            0.04%

Contact:

Desna Martin, Company Secretary
020 7647 3000                                

 

END

 

 

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