Director/PDMR Shareholding

RNS Number : 6448E

Capital & Counties Properties Plc

09 May 2017

 

CAPITAL & COUNTIES PROPERTIES PLC (THE "COMPANY")

DIRECTOR / PDMR AWARDS

Capital & Counties Properties PLC announces that, following approval of the Capital & Counties Properties PLC Performance Share Plan 2017 (the "PSP") at the Company's AGM held on 5 May 2017, the following PSP awards were made to Executive Directors on 8 May 2017, based on a market value of 311.96 pence per share:

(A)        ANNUAL PSP AWARDS

	Number of nil cost options:	Exercisable from:
Ian Hawksworth	667,553	8 May 2020
Gary Yardley	597,993	8 May 2020
Situl Jobanputra	364,630	8 May 2020

These awards are subject to the performance conditions and other terms set out in the Company's 2016 Annual Report.

(B)        DEFERRED 2016 BONUS

	Number of nil cost options:	Exercisable from:
Ian Hawksworth	29,528	8 May 2020
Gary Yardley	26,463	8 May 2020

These awards are subject to the terms set out in the Company's 2016 Annual Report.

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Ian Hawksworth
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, auction platform, auctioneer or auction monitor
a)	Name	Capital & Counties Properties PLC
b)	LEI	549300TTXXZ1SHUI0D54
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, type of instrument Identification code	Ordinary shares of 25p each GB00B62G9D36
b)	Nature of the transaction	Award of nil cost options pursuant to the Company's Performance Share Plan 2017
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Nil Cost Nil Cost	Volume(s) 667,553 29,528
e)	Aggregated information - Aggregated volume - Price	697,081 Nil cost
f)	Date of the transaction	2017-05-08
g)	Place of the transaction	London Stock Exchange (XLON)

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Gary Yardley
2	Reason for the notification
a)	Position/status:	Managing Director and Chief Investment Officer
b)	Initial notification /Amendment:	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Capital & Counties Properties PLC
b)	LEI	549300TTXXZ1SHUI0D54
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, type of instrument Identification code	Ordinary shares of 25p each GB00B62G9D36
b)	Nature of the transaction	Award of nil cost options pursuant to the Company's Performance Share Plan 2017
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Nil Cost Nil Cost	Volume(s) 597,993 26,463
e)	Aggregated information - Aggregated volume - Price	624,456 Nil cost
f)	Date of the transaction	2017-05-08
g)	Place of the transaction	London Stock Exchange (XLON)

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Situl Jobanputra
2	Reason for the notification
a)	Position/status:	Chief Financial Officer
b)	Initial notification /Amendment:	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Capital & Counties Properties PLC
b)	LEI	549300TTXXZ1SHUI0D54
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, type of instrument Identification code	Ordinary shares of 25p each GB00B62G9D36
b)	Nature of the transaction	Award of nil cost options pursuant to the Company's Performance Share Plan 2017
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) Nil Cost	Volume(s) 364,630
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	2017-05-08
g)	Place of the transaction	London Stock Exchange (XLON)

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMRs' notification obligations under MAR have also been satisfied.

Name of officer of issuer responsible for making notification: Ruth Pavey

Date of Notification: 9 May 2017

Ruth Pavey

Company Secretary

9 May 2017

020 3214 9184

 

END

 

 

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