Source - RNS
RNS Number : 6835M
St. Modwen Properties PLC
17 October 2016
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

St. Modwen Properties PLC (the "Company") has been notified that, on 14th July 2016, 12,500 ordinary shares of 10p each in the Company were transferred, pursuant to a grant of probate, from the estate of Lady Hilda Clarke (deceased) to Simon Clarke, a non-executive director and PDMR, and Jane Gerard-Pearse to hold jointly on behalf of Simon Clarke's daughter, a minor and a person closely associated with him.  Consequently, the number of ordinary shares held by Simon Clarke and those persons closely associated with him has increased by 12,500 shares to 3,225,157 shares.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

SIMON CLARKE

2.

Reason for the notification

a)

Position / status

PDMR - NON-EXECUTIVE DIRECTOR

b)

Initial notification/amendment

INITIAL NOTIFICATION

3.

Details of issuer

a)

Name

ST. MODWEN PROPERTIES PLC

b)

LEI

213800WMV4WVES8TQH05

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

Identification Code

ORDINARY SHARES OF 10 PENCE EACH

 

GB0007291015

b)

Nature of the transaction

NON-BENEFICIAL INTEREST ACQUIRED PURSUANT TO A GRANT OF PROBATE.  THE TRANSACTION IS NOT LINKED TO THE EXERCISE OF A SHARE OPTION PROGRAMME.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

NIL COST

12,500 SHARES

d)

Aggregated information

-    Aggregated volume

 

-    Aggregated price

N/A

 

e)

Date of the transaction

2016-07-14

f)

Place of the transaction

OUTSIDE A TRADING VENUE

 

 


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