RNS Number : 1540Z
Great Portland Estates PLC
15 September 2015
 

 

 

 

Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

 

15 September 2015

 

As a result of achievement of the performance target relating to Performance and Matching awards made on 7 June 2012, 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

310,384

Nick Sanderson, Finance Director

184,150

Neil Thompson, Portfolio Director

247,077

 

In order to meet the tax/NI liability of these shares, the following were sold on 14 September 2015 at a price of 840.2p per share:

                                                                                                                                        


No. of Ordinary

shares of 12.5p each

sold for tax/NI

purposes

Toby Courtauld, Chief Executive

145,881

Nick Sanderson, Finance Director

86,551

Neil Thompson, Portfolio Director

116,127

 

In addition, the following shares were sold on 14 September 2015 at a price of 837.7p per share

 


No. of Ordinary

shares of 12.5p each

sold for tax/NI

purposes

Nick Sanderson, Finance Director

75,000

 

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

1,504,151

0.44%

Nick Sanderson, Finance Director

208,440

0.06%

Neil Thompson, Portfolio Director

784,696

0.23%

 

* Includes shares beneficially 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
 
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