Capital & Counties Properties Plc Director/PDMR Shareholding (1823H)

TIDMCAPC

RNS Number : 1823H

Capital & Counties Properties Plc

05 June 2017

Capital & Counties Properties PLC (the "Company")

Executive Director share dealings

On 1 June 2017, Ian Hawksworth, Chief Executive of the Company, exercised share options over a total of 685,641 shares awarded under the Company's Performance Share Plan and Matching Share Plan. Following the exercise the shares were sold at a price of GBP3.0641 per share.

Ian Hawksworth's interest in shares in the Company remains unchanged at 820,604 shares, which represents 0.097% of the issued share capital.

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------- 
 a)   Name:                    Ian Hawksworth 
---  -----------------------  ------------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status:         Chief Executive 
---  -----------------------  ------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment: 
---  -----------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                     Capital & Counties Properties 
                                PLC 
---  -----------------------  ------------------------------------- 
 b)   LEI                      549300TTXXZ1SHUI0D54 
---  -----------------------  ------------------------------------- 
 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              Ordinary shares of 25p each 
       of the financial 
       instrument,              GB00B62G9D36 
       type of instrument 
       Identification 
       code 
---  -----------------------  ------------------------------------- 
 b)   Nature of                Exercise of 476,749 nil cost 
       the transaction          share options awarded under 
                                the 
                                Company's Performance Share 
                                Plan in 2012 and 2013 and 
                                189,873 nil cost share options 
                                awarded under the Company's 
                                Matching Share Plan in 2013 
                                and 2014. 
 
                                Exercise of 19,019 share options 
                                awarded under the 
                                Company's Performance Share 
                                Plan in 2011 at an exercise 
                                price of GBP1.5773 per share. 
---  -----------------------  ------------------------------------- 
 c)   Currency                 GBP 
---  -----------------------  ------------------------------------- 
 d)   Price(s) and                   Price(s)           Volume(s) 
       volume(s) 
                                   GBP1.5773 per          19,019 
                                        share 
                                        nil               666,622 
---  -----------------------  ----------------------  ------------- 
 e)   Aggregated 
       information               685,641 
       - Aggregated              GBP29,998.67 (aggregate exercise 
       volume                    price) 
       - Price 
---  -----------------------  ------------------------------------- 
 f)   Date of the              2017-06-01 
       transaction 
---  -----------------------  ------------------------------------- 
 g)   Place of the             London Stock Exchange (XLON) 
       transaction 
---  -----------------------  ------------------------------------- 
 

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------- 
 a)   Name:                      Ian Hawksworth 
---  -------------------------  ----------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status:           Chief Executive 
---  -------------------------  ----------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment: 
---  -------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  -------------------------------------------------------------- 
 a)   Name                       Capital & Counties Properties 
                                  PLC 
---  -------------------------  ----------------------------------- 
 b)   LEI                        549300TTXXZ1SHUI0D54 
---  -------------------------  ----------------------------------- 
 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                Ordinary shares of 25p each 
       of the financial 
       instrument,                GB00B62G9D36 
       type of instrument 
       Identification 
       code 
---  -------------------------  ----------------------------------- 
 b)   Nature of                  Sale of 685,641 shares following 
       the transaction            the exercise of share options 
                                  awarded between 2011 and 2014 
                                  under the Company's 
                                  Performance Share Plan and 
                                  Matching Share Plan. 
---  -------------------------  ----------------------------------- 
 c)   Currency                   GBP 
---  -------------------------  ----------------------------------- 
 d)   Price(s) and                   Price(s)          Volume(s) 
       volume(s) 
                                     GBP3.0641           685,641 
---  -------------------------  ------------------  --------------- 
 e)   Aggregated                 N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  -------------------------  ----------------------------------- 
 f)   Date of the                2017-06-02 
       transaction 
---  -------------------------  ----------------------------------- 
 g)   Place of the               London Stock Exchange (XLON) 
       transaction 
---  -------------------------  ----------------------------------- 
 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMR's notification obligations under MAR have also been satisfied.

Name of officer of issuer responsible for making notification: Ruth Pavey

Date of Notification: 5 June 2017

Ruth Pavey

Company Secretary

020 3214 9184

5 June 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 05, 2017 10:30 ET (14:30 GMT)