RNS Number : 6353E
Great Portland Estates PLC
01 June 2012
 

 

 

 

Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

 

1 June 2012

 

As a result of achievement of the performance target relating to LTIP awards made on 28 May 2009, the Directors listed below received the following number of GPE ordinary shares of 12.5p each:

 


No. of Ordinary

shares of 12.5p each

Toby Courtauld, Chief Executive

278,647

Neil Thompson, Portfolio Director

178,584

 

Of these shares, the following were sold on 31 May 2012 at a price of 381.07p per share in order to meet the tax/NI liability:

                                                                                                                                        


No. of Ordinary

shares of 12.5p each

sold for tax/NI

purposes

Toby Courtauld, Chief Executive

144,897

Neil Thompson, Portfolio Director

92,864

 

 

The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:

                                                                                                                            


 

No. of Ordinary

shares of 12.5p each*

Total

percentage

holding

Toby Courtauld, Chief Executive

736,612

0.24%

Neil Thompson, Portfolio Director

332,590

0.11%

 

* Includes Partnership shares held in the Company's SIP

 

 

 

 

 

Contact:

Desna Martin, Company Secretary

020 7647 3000


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