Director/PDMR Shareholding

RNS Number : 5627B

Great Portland Estates PLC

17 June 2016

 

Great Portland Estates plc (GPE)

GPE Long-Term Incentive Plan (LTIP)

17 June 2016

As a result of achievement of the performance target relating to Performance and Matching awards made on 10 June 2013, 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	157,435
Nick Sanderson, Finance Director	101,163
Neil Thompson, Portfolio Director	125,323

In order to meet the tax/NI liability of these shares, the following were sold on 16 June 2016 at a price of 712.2p  per share:

	No. of Ordinary shares of 12.5p each sold for tax/NI purposes
Toby Courtauld, Chief Executive	73,995
Nick Sanderson, Finance Director	47,547
Neil Thompson, Portfolio Director	58,902

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	1,588,221	0.46%
Nick Sanderson	262,686	0.08%
Neil Thompson, Portfolio Director	851,747	0.25%

* Includes shares beneficially held in the Company's SIP

Contact:

Desna Martin, Company Secretary

020 7647 3000

 

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