Director/PDMR Shareholding

Great Portland Estates PLC

07 July 2023

 

7 July 2023

Great Portland Estates plc (the "Company")

Grant of Awards under the Great Portland Estates Restricted Share Plan (the "RSP")

The Company announces that, on 7 July 2023 (the "Grant Date"), the following Directors were granted awards under the RSP over the number of Ordinary Shares of 15 ⁵/₁₉ pence each in the Company set out against their names below, the number of shares being calculated using a market price of 422.36 pence per share:   

Director	No. of shares subject to award
Toby Courtauld	241,024
Nick Sanderson	165,826
Dan Nicholson	135,084

The awards were granted as nil cost options and are subject to continued service and underpin conditions relating to the period expiring on the third anniversary of the Grant Date. The vested shares will be subject to a two-year holding period following the end of the three year underpin period.

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).

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 Restricted Share Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	241,024
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 241,024 Aggregated price: 0.0p Aggregated total: 241,024 ordinary shares
e)	Date of transaction	7 July 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 Restricted Share Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	165,826
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 165,826 Aggregated price: 0.0p Aggregated total:165,826 ordinary shares
e)	Date of transaction	7 July 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 Restricted Share Plan
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	135,084
d)	Aggregated information -      Aggregated volume -      Aggregated price -      Aggregated total	Aggregated volume: 135,084 Aggregated price: 0.0p Aggregated total:135,084 ordinary shares
e)	Date of transaction	7 July 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