Director/PDMR Shareholding

RNS Number : 4765Z

SEGRO PLC

27 May 2016

 

27 May 2016

SEGRO plc (the Company)

Director/PDMR Shareholding

Under the SEGRO plc Deferred Share Bonus Plan (DSBP) on 26 May 2016 the following awards were granted to Directors/PDMRs of the Company in respect of the 2015 bonus (the Bonus):

Directors	Number of shares awarded
Andy Gulliford	53,032
Justin Read	53,032
Phil Redding	53,032
David Sleath	101,277
PDMRs
Elizabeth Blease	8,575
Liz Reilly	9,012

Notes:

(a) The awards shown above have been structured as provisional allocations over ordinary shares in the Company.  Further details of the operation of the SEGRO plc DSBP are available in the Company's 2015 Annual Report and Accounts.    

(b) The calculation of the awards was based on a share price of £4.3210, which was the Company's closing mid-market share price on 25 May 2016. 

(c) As set out in the Remuneration Report of the 2015 Annual Report and Accounts, achievement under the Total Property Return (TPR) element of the Bonus for the Executive Directors was estimated at 55 per cent. The recently available MSCI - IPD Benchmark data has confirmed the achievement under the TPR element at 100 per cent for Directors and 99.4 per cent for PDMRs, and therefore the payments for this element of the Bonus have been adjusted from those disclosed in the 2015 Annual Report and Accounts.

Stephanie Murton

Legal Counsel

020 7451 9083

 

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