Director/PDMR Shareholding

RNS Number : 6348A

SEGRO PLC

08 June 2016

 

8 June 2016

SEGRO plc (the Company)

Director/PDMR Shareholding

On 7 June 2016, following a recommendation made by the Company, the Trustees of the SEGRO plc Employees' Benefit Trust resolved to release the shares under the 2012 LTIP Award (the Award) to the below Directors/PDMRs.

	Number of shares vesting (gross)	Number of shares vesting (net)	Total beneficial shareholding following vesting (inclusive of the SEGRO plc Share Incentive Plan)
Directors
David Sleath	149,226	79,089	495,872
Andy Gulliford	68,299	36,198	185,984
Justin Read	97,570	51,712	155,293
Phil Redding	64,282	34,069	172,180
PDMR
Elizabeth Blease	20,526	10,878	76,255
Liz Reilly	35,154	18,631	61,699

Notes:

1. Vesting of the 2012 LTIP is subject to two equally weighted performance conditions measured over the four-year performance period from 1 January 2012 to 31 December 2015; Total Shareholder Return (TSR) and Total Property Return (TPR).  

For the TSR element, the Company's performance against the benchmark resulted in 84.6 per cent vesting. The TPR benchmark was not achieved and therefore no shares vested under this condition. The resultant vesting percentage for the total Award was 42.3 per cent.

2. The participants received their shares net of adjustments for Income Tax and National Insurance Contributions.

Stephanie Murton

Legal Counsel

020 7451 9085

 

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