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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 |
TIDMSMP
RNS Number : 0791T
St. Modwen Properties PLC
22 March 2021
Date of issue: 22 March 2021
LEI: 213800WMV4WVES8TQH05
St. Modwen Properties PLC
Vesting of Performance Share Plan Award
St. Modwen Properties PLC (the "Company") announces that awards granted to executive directors under the St. Modwen Properties PLC 2017 Performance Share Plan ("PSP") automatically vested on 20 March 2021. The options were granted on 20 March 2018 and vested at 32.08%, following the achievement of performance conditions measured over a three-year period to 30 November 2020.
Details for the purposes of the requirement to notify and disclose transactions by persons discharging managerial responsibilities and persons closely associated with them are set out below.
Award Awards granted Awards lapsed Number of awards vested on 20 March Director/PDMR 2021 Grant of nil cost options under the PSP on 20 Rob Hudson March 2018 124,977 84,885 40,092 ------------- --------------- -------------- -------------------- 1. Details of the person discharging managerial responsibilities/person closely associated a) Name Rob Hudson ------------------------------- ------------------------------------------ 2. Reason for the notification --------------------------------------------------------------------------- a) Position / status PDMR - Chief Finance and Operations 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 Nil cost options over ordinary shares financial instrument of GBP0.10 each in St. Modwen Properties PLC Identification Code GB0007291015 ------------------------------- ------------------------------------------ b) Nature of the transaction Vesting of 40,092 nil cost share options granted on 20 March 2018 ------------------------------- ------------------------------------------ c) Price(s) and volume(s) Price(s) Volume(s) Nil cost 40,092 ---------- ------------------------------- ------------------------------------------ d) Aggregated information N/A * Aggregated volume * Aggregated price ------------------------------- ------------------------------------------ e) Date of the transaction 2021-03-20 ------------------------------- ------------------------------------------ f) Place of the transaction Outside a trading venue ------------------------------- ------------------------------------------
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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(END) Dow Jones Newswires
March 22, 2021 10:46 ET (14:46 GMT)
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