Director/PDMR Shareholding

RNS Number : 5259Z
Capital & Counties Properties Plc
27 May 2016
 

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

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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