RNS Number : 8398U
Great Portland Estates PLC
02 April 2019
 

2 April 2019

 

Director/PDMR Shareholding

 

Notification of monthly investment in the Great Portland Estates plc 2010 Share Incentive Plan ('SIP')

 

Barclays Bank Trust Company Limited (the 'Trustees'), Trustees of the Great Portland Estates plc SIP, notified the Company on 1 April 2019 that they purchased a total of 4,368 ordinary 155/19 p shares at a price of 749.30 pence per share on 29 March 2019 under the 'Partnership' and 'Matching' element of the Company's SIP.

 

Under the terms of the SIP each eligible participating employee can contribute from monthly salary to purchase 'Partnership Shares', and the Company matches this by awarding two 'Matching Shares' for every one 'Partnership Share' purchased by participating employees.

 

As participants in the SIP, the Executive Directors are deemed to have an interest in the shares held by the Trustees.  In accordance with the EU Market Abuse Regulation, the Company gives notice that of the above shares acquired by the Trustees, the shares purchased on behalf of the Company's Executive Directors/PDMRs were as follows:

 


Number of Partnership shares acquired under the SIP for the month

Number of Matching shares acquired under the SIP for the month

Total number of shares within SIP

T Courtauld

20

40

6,313

N Sanderson

20

40

5,252

 

Full details of the PDMRs' transactions are as follows:

 

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 155/19 p

ISIN: GB00BF5H9P87

b)

Nature of the transaction

Acquisition of shares through the Great Portland Estates plc 2010 Share Incentive Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Partnership shares

749.30p

20


Matching shares

0.00p

40

d)

Aggregated information

-      Aggregated volume

-      Aggregated price

-      Aggregated total

Aggregated volume: 60

Aggregated value: 249.80p

e)

Date of transaction

29 March 2019 

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 155/19 p

ISIN: GB00BF5H9P87

b)

Nature of the transaction

Acquisition of shares through the Great Portland Estates plc 2010 Share Incentive Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Partnership shares

749.30p

20


Matching shares

0.00p

40

d)

Aggregated information

-      Aggregated volume

-      Aggregated price

-      Aggregated total

Aggregated volume: 60

Aggregated value: 249.80p

e)

Date of transaction

29 March 2019 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Contact:

Great Portland Estates plc
Angela Purtill          

Deputy Company Secretary

020 7647 3000


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