Director/PDMR Shareholding

Great Portland Estates PLC

02 June 2023

 

2 June 2023

Great Portland Estates plc (the Company)

Grant of Awards under the Great Portland Estates plc Deferred Share Bonus Plan (the DSBP)

The Company announces that, on 2 June 2023, the following Directors were granted awards over Ordinary Shares of 15 ⁵/₁₉ pence each in the Company under the DSBP, the number of shares being calculated using a market price of 489.60 pence per share: 

Director	Date of Grant	Number of Shares subject to award	Vesting Date	Date Exercisable
Toby Courtauld	02.06.2023	51,486	02.06.2026	02.06.2026
Nick Sanderson	02.06.2023	35,832	02.06.2026	02.06.2026
Dan Nicholson	02.06.2023	28,190	02.06.2026	02.06.2026

The above awards were granted as nil cost options and were granted in respect of the deferred bonus for the 2022/23 financial year.

The Notification of Dealing Forms for each Director can be found below.  This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).

DSBP

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 15 5/19p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	X
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 51,486 Aggregated price: 0.0p Aggregated total: 51,486 ordinary shares
e)	Date of transaction	2 June 2023
f)	Place of the transaction	Outside of trading venue

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Nick Sanderson
2.	Reason for the notification
a)	Position/status	Chief Financial & Operating Officer
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 15 5/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	35,832
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 35,832 Aggregated price: 0.0p Aggregated total: 35,832 ordinary shares
e)	Date of transaction	2 June 2023
f)	Place of the transaction	Outside of trading venue

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Dan Nicholson
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, 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 15 5/19 p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	28,190
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 28,190 Aggregated price: 0.0p Aggregated total: 28,190 ordinary shares
e)	Date of transaction	2 June 2023
f)	Place of the transaction	Outside of trading venue

Contact: Great Portland Estates plc

Darren Lennark

General Counsel & Company Secretary

020 7647 3000

 

END