Capital & Counties Properties PLC (the "Company")
Notification of Executive Director share dealings
On 25 May 2016, Executive Directors of the Company exercised certain nil cost share options awarded in 2012 and 2013 under the Company's Performance Share Plan ("PSP") and Matching Share Plan ("MSP"). Details of the transactions are set out in the table below.
Following these transactions, the Executive Directors interest in shares of the Company remains unchanged at 1,575,594 ordinary shares of 25p each in the Company, which represents 0.187% of the issued share capital, and they hold LTIP awards over 4,416,327 ordinary shares of 25p each in the company, which remain subject to performance conditions and/or holding periods.
Exercises of nil cost options:
Executive Director |
Scheme |
No. of nil cost options exercised |
Ian Hawksworth |
PSP and MSP |
600,000 |
Soumen Das |
PSP and MSP |
600,000 |
Gary Yardley |
PSP and MSP |
600,000 |
Following the exercises the shares were sold at a price of £3.46 per share.
The Company was notified of the transactions on 26 May 2016.
Leigh McCaveny
Acting Company Secretary
020 3214 9174
27 May 2016