Director/PDMR Shareholding

RNS Number : 2956S

Great Portland Estates PLC

22 June 2018

 

Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

22 June 2018

As a result of achievement of the performance target relating to Performance and Matching awards made on 15 June 2015, the Directors listed below received the following number of GPE ordinary shares of 15⁵/₁₉ p each:

	No. of Ordinary shares of 155/19 p each
Toby Courtauld, Chief Executive	19,130
Nick Sanderson, Finance Director	12,531

In order to meet the tax/NI liability of these shares, the following were sold on 21 June 2018 at a price of 713.29p per share:

	No. of Ordinary shares of 155/19 p each sold for tax/NI purposes
Toby Courtauld, Chief Executive	8,992
Nick Sanderson, Finance Director	5,890

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Toby Courtauld
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, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 155/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Achievement of performance target relating to Performance and Matching awards made on 15 June 2015

c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	19,130
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 19,130 Aggregated price: 0.0p Aggregated total: 19,130 ordinary shares
e)	Date of transaction	21 June 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Toby Courtauld
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, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 155/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Sale of shares to meet tax/NI liability
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	713.29p	8,992
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 8,992 Aggregated price: 713.29p Aggregated total: £64,138.87
e)	Date of transaction	21 June 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Nick Sanderson
2.	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 155/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Achievement of performance target relating to Performance and Matching awards made on 15 June 2015
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	713.29p	12,531
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 12,531 Aggregated price: 0.0p Aggregated total: 12,531 ordinary shares
e)	Date of transaction	21 June 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Nick Sanderson
2.	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 155/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Sale of shares to meet tax/NI liability
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	713.29p	5,890
d)	Aggregated information -    Aggregated volume -    Aggregated price -    Aggregated total	Aggregated volume: 5,890 Aggregated price: 713.29p Aggregated total: £42,012.67
e)	Date of transaction	21 June 2018
f)	Place of the transaction	London Stock Exchange (XLON)

Contact:

Desna Martin, Company Secretary

020 7647 3000

 

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