ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SMP St.modwen Properties Plc

559.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
St.modwen Properties Plc LSE:SMP London Ordinary Share GB0007291015 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 559.00 559.00 560.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

St. Modwen Properties PLC Director/PDMR Shareholding (1923U)

27/07/2020 12:06pm

UK Regulatory


St.modwen Properties (LSE:SMP)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more St.modwen Properties Charts.

TIDMSMP

RNS Number : 1923U

St. Modwen Properties PLC

27 July 2020

Date of issue: 27 July 2020

LEI: 213800WMV4WVES8TQH05

St. Modwen Properties PLC

Notification and public disclosure of transactions by person discharging managerial responsibilities

St. Modwen Properties PLC (the "Company") announces that Rob Hudson, an executive director of the Company, undertook the following transactions in the Company's ordinary shares of 10 pence each ("Shares") on 24 July 2020.

   1.      Purchase of 15,896 Shares at a price of 314.54 pence per Share; and 

2. Exercise of nil cost options over the Company's Shares under the St. Modwen Properties PLC 2017 Performance Share Plan ("PSP"). The award of nil cost options vested at 67.2% on 7 July 2020 following the achievement of performance conditions measured over a three-year period to 30 November 2019. In accordance with the rules of the PSP, Rob Hudson received an additional number of shares equivalent to the dividends paid between the date of grant of the PSP and the date of exercise on the number of shares which vested.

 
 Award                  Number of shares       Number of shares   Number of 
                         exercised including    sold to cover      shares retained 
                         dividend equivalent    tax liability 
                                                on exercise 
 Grant of nil cost 
  options under the 
  PSP on 7 July 2017                  81,737             38,417             43,320 
                       ---------------------  -----------------  ----------------- 
 

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Rob Hudson 
     -------------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status                PDMR - Interim Chief Executive Officer 
     -------------------------------  --------------------------------------- 
 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 the               Ordinary shares of GBP0.10 each in 
       financial instrument             St. Modwen Properties PLC 
 
       Identification Code 
                                        GB0007291015 
     -------------------------------  --------------------------------------- 
 b)   Nature of the transaction        Purchase of 15,896 shares 
     -------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)              Volume(s) 
                                          GBP3.145 per share    15,896 
                                                               ---------- 
     -------------------------------  --------------------------------------- 
 d)   Aggregated information           N/A 
        *    Aggregated volume 
 
 
 
        *    Aggregated price 
     -------------------------------  --------------------------------------- 
 e)   Date of the transaction          2020-07-24 
     -------------------------------  --------------------------------------- 
 f)   Place of the transaction         London Stock Exchange, Main Market 
                                        (XLON) 
     -------------------------------  --------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Rob Hudson 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position / status                PDMR - Interim Chief Executive Officer 
     -------------------------------  ------------------------------------------- 
 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 the               Ordinary shares of GBP0.10 each in 
       financial instrument             St. Modwen Properties PLC 
 
       Identification Code 
                                        GB0007291015 
     -------------------------------  ------------------------------------------- 
 b)   Nature of the transaction        Exercise of 77,807 nil cost options 
                                        granted under the St. Modwen Properties 
                                        PLC 2017 Performance Share Plan on 
                                        7 July 2017 and 3,930 dividend equivalent 
                                        shares. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          Nil cost    81,737 
                                                     ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information           N/A 
        *    Aggregated volume 
 
 
 
        *    Aggregated price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          2020-07-24 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  ------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Rob Hudson 
     -------------------------------  --------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status                PDMR - Interim Chief Executive Officer 
     -------------------------------  --------------------------------------- 
 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 the               Ordinary shares of GBP0.10 each in 
       financial instrument             St. Modwen Properties PLC 
 
       Identification Code 
                                        GB0007291015 
     -------------------------------  --------------------------------------- 
 b)   Nature of the transaction        Disposal of 38,417 shares following 
                                        exercise of nil cost options under 
                                        the St. Modwen Properties PLC 2017 
                                        Performance Share Plan Award granted 
                                        on 7 July 2017 to cover tax liability 
                                        arising on exercise. 
     -------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)             Volume(s) 
                                          GBP3.08 per share    38,417 
                                                              ---------- 
     -------------------------------  --------------------------------------- 
 d)   Aggregated information           N/A 
        *    Aggregated volume 
 
 
 
        *    Aggregated price 
     -------------------------------  --------------------------------------- 
 e)   Date of the transaction          2020-07-24 
     -------------------------------  --------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  --------------------------------------- 
 

For further information, please contact:

 
 St. Modwen Properties PLC                      www.stmodwen.co.uk 
 Rob Hudson, Interim Chief Executive 
  Officer 
  Tom Gough, Head of External Communications 
  and Stakeholder Relations                     0121 222 9400 
 
 FTI Consulting 
 Dido Laurimore 
  Ellie Sweeney                                 020 3727 1000 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHKKOBKDBKDNOB

(END) Dow Jones Newswires

July 27, 2020 07:06 ET (11:06 GMT)

1 Year St.modwen Properties Chart

1 Year St.modwen Properties Chart

1 Month St.modwen Properties Chart

1 Month St.modwen Properties Chart

Your Recent History

Delayed Upgrade Clock