RNS Number : 4953K
Great Portland Estates PLC
07 July 2017
 

 

 

 

 

 

 

Great Portland Estates plc (the Company)

2010 Long-Term Incentive Plan

 

7 July 2017

 

The Company announces that on Friday 7 July 2017 it granted awards under the Company's 2010 Long Term Incentive Plan. The awards were granted as nil cost options which are subject to criteria relating to the Company's performance over the three year period commencing on the date of grant.

 

The 488,372 Ordinary Shares of 133/19 pence, granted under the Company's 2010 Long Term Incentive Plan were allocated as follows:

 

 

Director

 

Date of Grant

Performance Award

Number of Shares

 

Vesting Date

Date Exercisable

Toby Courtauld

07.07.17

295,079

07.07.20

07.07.22

Nick Sanderson

07.07.17

193,293

07.07.20

07.07.22

 

 

1.

Details of PDMR/person closely associated with them ("PCA")

a)

Name

Toby Courtauld

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, action platform, auctioneer or auction monitor

a)

Name

Great Portland Estates plc

 

b)

Legal Entity Identifier

213800JMEDD2Q4N1MC42

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

Ordinary shares of 133/19 p

ISIN: GB00BZ0XJR39

b)

Nature of the transaction

Grant of nil cost options   under the Company's 2010 Long Term Incentive Plan.



 

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

295,079

d)

Aggregated information

-    Aggregated volume

-    Aggregated price

-    Aggregated total

Aggregated volume: 295,079

Aggregated price: 0.0p

Aggregated total: 295,079 ordinary shares

e)

Date of transaction

7 July 2017

f)

Place of the transaction

London Stock Exchange (XLON)

 

1.

Details of PDMR/person closely associated with them ("PCA")

a)

Name

Nick Sanderson

2.

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor

a)

Name

Great Portland Estates plc

 

b)

Legal Entity Identifier

213800JMEDD2Q4N1MC42

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

Ordinary shares of 133/19 p

ISIN: GB00BZ0XJR39

b)

Nature of the transaction

Grant of nil cost options under the Company's 2010 Long Term Incentive Plan.

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

193,293

d)

Aggregated information

-    Aggregated volume

-    Aggregated price

-    Aggregated total

Aggregated volume: 193,293

Aggregated price: 0.0p

Aggregated total :193,293 ordinary shares

e)

Date of transaction

7 July 2017

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

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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