Director/PDMR Shareholding

RNS Number : 1135N

Great Portland Estates PLC

04 June 2010

 

Great Portland Estates plc (GPE)
GPE Long-Term Incentive Plan (LTIP)
4 June 2010

As a result of achievement of the performance target relating to LTIP awards made on 31 May 2007, the Directors listed below received the following number of GPE ordinary shares of 12.5p each:

No. of Ordinary
shares of 12.5p each

Toby Courtauld, Chief Executive                                                                                                                                                         53,934
Timon Drakesmith, Finance Director                                                                                                                                                    32,995
Neil Thompson, Development Director                                                                                                                                                32,995

Of these shares, the following were sold on 4 June 2010 at a price of 305.11p per share in order to meet the tax/NI liability:

No. of Ordinary
shares of 12.5p each
sold for tax/NI
purposes

Toby Courtauld, Chief Executive                                                                                                                                                         27,507
Timon Drakesmith, Finance Director                                                                                                                                                    16,828
Neil Thompson, Development Director                                                                                                                                                16,828

The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:

                                                                                                                                                                                                           Total
                                                                                                                                                   No. of Ordinary                       percentage
                                                                                                                                            shares of 12.5p each                             holding

Toby Courtauld, Chief Executive                                                                                                             499,207                                0.16
Timon Drakesmith, Finance Director                                                                                                        160,291                                0.05
Neil Thompson, Development Director                                                                                                    180,705                                0.06

Contact:

Desna Martin, Company Secretary
020 7647 3000

 

END

 

 

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