St. Modwen Properties PLC Director/PDMR Shareholding (4201F)

TIDMSMP

RNS Number : 4201F

St. Modwen Properties PLC

16 November 2020

Date of issue: 16 November 2020

LEI: 213800WMV4WVES8TQH05

ST. MODWEN PROPERTIES PLC

Notification and public disclosure of transaction by person discharging managerial responsibilities

St. Modwen Properties PLC (the "Company") announces that on 12 November 2020, Sarwjit Sambhi, an executive director of the Company, purchased a total of 25,200 ordinary shares in the capital of the Company ("Shares"), as follows:

 
 Number of Shares purchased   Purchase price per Share 
                               (pence) 
 7,000                        398.76 
                             ------------------------- 
 7,000                        394.78 
                             ------------------------- 
 7,000                        396.10 
                             ------------------------- 
 4,200                        396.95 
                             ------------------------- 
 

The following notification is 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                               Sarwjit Sambhi 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position / status                  PDMR - 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 25,200 shares 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)               Price(s)          Volume(s) 
                                            GBP3.9876 per 
                                             share            7,000 
                                             GBP3.9478 per 
                                              share            7,000 
                                             GBP3.9610 per 
                                              share            7,000 
                                             GBP3.9695 per 
                                              share            4,200 
                                                             ---------- 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information 
        *    Aggregated volume             25,200 
 
                                           GBP3.9661 
 
        *    Aggregated price 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            2020-11-12 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           London Stock Exchange, Main Market 
                                          (XLON) 
     ---------------------------------  ------------------------------------ 
 

For further information, please contact:

 
 St. Modwen Properties PLC                  www.stmodwen.co.uk 
 Sarwjit Sambhi, Chief Executive Officer 
  Tom Gough, Head of Corporate Affairs      0121 222 9400 
 
 FTI Consulting 
 Dido Laurimore 
  Andrew Davis                              020 3727 1000 
 

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November 16, 2020 05:15 ET (10:15 GMT)