Source - LSE Regulatory
RNS Number : 2103A
Great Portland Estates PLC
28 May 2021
 

 

 

 

28 May 2021

 

Great Portland Estates plc (the "Company")

 

Grant of Awards under the Great Portland Estates plc Deferred Share Bonus Plan (DSBP)

 

The Company announces that, on 27 May 2021, the following Directors listed below were granted awards, in the form of nil cost options, over ordinary shares of 15 5/19 pence each in the Company under the DSBP, the number of shares being calculated using a market price of 709.00 pence per share:

 

 

Director

 

Date of Grant

 

Number of Shares subject to award

 

Vesting Date

Date Exercisable

Toby Courtauld

27.05.2021

12,410

27.05.2024

27.05.2024

Nick Sanderson

27.05.2021

9,075

27.05.2024

27.05.2024

 

 

The awards have been granted in respect of the deferred bonus for the 2020/21 financial year.

 

The Notification of Dealing Forms for each Director can be found below.  This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).

 

 

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 15 5/19p

ISIN: GB00BF5H9P87

b)

Nature of the transaction

Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

12,410

d)

Aggregated information

-      Aggregated volume

-      Aggregated price

-      Aggregated total

Aggregated volume: 12,410

Aggregated price: 0.0p

Aggregated total: 12,410 ordinary shares

e)

Date of transaction

27 May 2021

f)

Place of the transaction

Outside of trading venue

 

 

 

 

 

 

 

1.

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

a)

Name

Nick Sanderson

2.

Reason for the notification

a)

Position/status

Chief Financial & Operating Officer

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 15 5/19 p

ISIN: GB00BF5H9P87

b)

Nature of the transaction

Grant of award over ordinary shares in the form of a nil cost option under the rules of the Great Portland Estates plc Deferred Share Bonus Plan

c)

Price(s) and volume(s)

Price

Volume(s)

Ordinary shares

Nil consideration

9,075

d)

Aggregated information

-      Aggregated volume

-      Aggregated price

-      Aggregated total

Aggregated volume: 9,075

Aggregated price: 0.0p

Aggregated total: 9,075 ordinary shares

e)

Date of transaction

27 May 2021

f)

Place of the transaction

Outside of trading venue

 

 

Contact:

 

Great Portland Estates plc

 

Darren Lennark

 

General Counsel & Company Secretary

 

020 7647 3000

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