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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