Director/PDMR Shareholding

RNS Number : 4402N

Great Portland Estates PLC

10 June 2010

 

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

As a result of achievement of the performance target relating to SMP awards made on 8 June 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	35,819
Timon Drakesmith, Finance Director	21,914
Neil Thompson, Development Director	21,914

Of these shares, the following were sold on 10 June 2010 at a price of 285.63p 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	18,268
Timon Drakesmith, Finance Director	11,176
Neil Thompson, Development Director	11,176

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

	No. of Ordinary shares of 12.5p each	Total percentage holding
Toby Courtauld, Chief Executive	516,758	0.17
Timon Drakesmith, Finance Director	171,029	0.05
Neil Thompson, Development Director	191,443	0.06

Contact:
Desna Martin, Company Secretary
020 7647 3000

 

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