St. Modwen Properties PLC Director/PDMR Shareholding (6857I)

TIDMSMP

RNS Number : 6857I

St. Modwen Properties PLC

01 September 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 26 August 2016, Janet Oliver, wife of Bill Oliver (Chief Executive), transferred 130,251 ordinary shares of 10 pence each in the capital of the Company to a nominee account (Hargreaves Lansdown (Nominees) Limited) for nil consideration. Following the transfer, Janet Oliver's beneficial interest in the Company's shares remains unchanged.

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                             JANET OLIVER 
---  -------------------------------  -------------------------------- 
 2.   Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position / status                PERSON CLOSELY ASSOCIATED 
                                        WITH PDMR - BILL OLIVER, 
                                        CHIEF EXECUTIVE 
---  -------------------------------  -------------------------------- 
 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                   ORDINARY SHARES OF 10 PENCE 
       the financial instrument         EACH 
                                        GB0007291015 
       Identification 
       Code 
---  -------------------------------  -------------------------------- 
 b)   Nature of the transaction        Transfer of legal title in 
                                        Ordinary Shares of 10 pence 
                                        each from a PCA to a nominee 
                                        account for nil consideration. 
                                        This transaction does not 
                                        change the PCA's beneficial 
                                        interest in the shares. 
                                        THE TRANSACTION IS NOT LINKED 
                                        TO THE EXERCISE OF A SHARE 
                                        OPTION PROGRAMME. 
---  -------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         GBP0.00     130,251 
                                        ----------  ---------- 
---  -------------------------------  -------------------------------- 
 d)   Aggregated information           N/A 
 
       Aggregated volume 
       price 
---  -------------------------------  -------------------------------- 
 e)   Date of the transaction          2016-08-26 
---  -------------------------------  -------------------------------- 
 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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September 01, 2016 05:10 ET (09:10 GMT)