Great Portland Estates PLC Director/PDMR Shareholding (4953K)

TIDMGPOR

RNS Number : 4953K

Great Portland Estates PLC

07 July 2017

Great Portland Estates plc (the Company)

2010 Long-Term Incentive Plan

7 July 2017

The Company announces that on Friday 7 July 2017 it granted awards under the Company's 2010 Long Term Incentive Plan. The awards were granted as nil cost options which are subject to criteria relating to the Company's performance over the three year period commencing on the date of grant.

The 488,372 Ordinary Shares of 13(3) /(19) pence, granted under the Company's 2010 Long Term Incentive Plan were allocated as follows:

 
  Director         Date of   Performance    Vesting   Date Exercisable 
                    Grant       Award        Date 
                              Number of 
                                Shares 
 Toby Courtauld   07.07.17     295,079     07.07.20       07.07.22 
 Nick Sanderson   07.07.17     193,293     07.07.20       07.07.22 
 
 
 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                   Ordinary shares of 13(3) 
       the financial instrument         /(19) p 
                                        ISIN: GB00BZ0XJR39 
---  -------------------------------  -------------------------- 
 b)   Nature of the transaction        Grant of nil cost options 
                                        under the Company's 
                                        2010 Long Term Incentive 
                                        Plan. 
---  -------------------------------  -------------------------- 
 
 
 c)    Price(s) and volume(s)      Price                Volume(s) 
----  --------------------------  -------------------  ---------- 
  Ordinary shares             Nil consideration         295,079 
 --------------------------  ------------------------  ---------- 
 d)    Aggregated information      Aggregated volume: 295,079 
         *    Aggregated volume     Aggregated price: 0.0p 
                                    Aggregated total: 295,079 
                                    ordinary shares 
         *    Aggregated price 
 
 
         *    Aggregated total 
----  --------------------------  ------------------------------- 
 e)    Date of transaction         7 July 2017 
----  --------------------------  ------------------------------- 
 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                    Ordinary shares of 13(3) 
        the financial instrument          /(19) p 
                                          ISIN: GB00BZ0XJR39 
----  --------------------------------  ------------------------------- 
 b)    Nature of the transaction         Grant of nil cost options 
                                          under the Company's 
                                          2010 Long Term Incentive 
                                          Plan. 
----  --------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)            Price                Volume(s) 
----  --------------------------------  -------------------  ---------- 
  Ordinary shares                   Nil consideration         193,293 
 --------------------------------  ------------------------  ---------- 
 d)    Aggregated information            Aggregated volume: 193,293 
         *    Aggregated volume           Aggregated price: 0.0p 
                                          Aggregated total :193,293 
                                          ordinary shares 
         *    Aggregated price 
 
 
         *    Aggregated total 
----  --------------------------------  ------------------------------- 
 e)    Date of transaction               7 July 2017 
----  --------------------------------  ------------------------------- 
 f)    Place of the transaction          London Stock Exchange 
                                          (XLON) 
----  --------------------------------  ------------------------------- 
 

Contact:

Desna Martin, Company Secretary

020 7647 3000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 07, 2017 10:20 ET (14:20 GMT)