Director/PDMR Shareholding

RNS Number : 6059X

SEGRO PLC

30 April 2019

 

30 April 2019

SEGRO plc (the Company)

Director/PDMR Shareholding

DSBP Vesting

On 29 April 2019, following a recommendation made by the Company, the Trustee of the SEGRO plc Employees' Benefit Trust resolved to release the below number of shares under the SEGRO plc Deferred Share Bonus Plan (the DSBP) to the below Directors/PDMRs:

The table below shows the number of shares released, and subsequently sold, and the resultant beneficial holdings:

Director	Number of shares vesting (gross)	Number of shares vesting (net of income tax and NICs)	Number of shares sold on 29 April 2019 at 685.5 pence per share	Beneficial holdings following vesting of the Award (inclusive of the SEGRO plc Share Incentive Plan)
David Sleath	105,935	56,145	56,145	691,854
Andy Gulliford	55,471	29,399	0	511,208
Phil Redding	55,471	29,399	0	374,493
PDMR
Elizabeth Blease	8,969	4,753	0	146,814
Liz Reilly	9,426	4,995	4,995	135,813

Notes:

(a)  Further details of the operation of the DSBP are available in the Company's 2018 Annual Report and Accounts.

(b)  David Sleath's shareholding is 770 per cent of his base salary and he is expected to hold shares equivalent to 300 per cent of his base salary. The number of shares held which contribute towards the shareholding requirement, comprise beneficial interests, including shares held in the SIP, and shares under award in the DSBP net of income tax and national insurance. The value of the shares has been calculated using the vesting share price of the 2015 DSBP at 685.5 pence.

The Notification of Dealing Forms provided in accordance with the requirements of the Market Abuse Regulation (2014/596/EU) in relation to the transactions listed above are set out below:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Sleath
2.	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Vesting of 2015 DSBP
c)	Price(s) and volume(s)	Price Volume Total £6.855 56,145 £384,873.98
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)
1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Sleath
2.	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Sale of shares following 2015 DSBP vesting
c)	Price(s) and volume(s)	Price Volume Total £6.855 56,145 £384,873.98
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andy Gulliford
2.	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Vesting of 2015 DSBP
c)	Price(s) and volume(s)	Price Volume Total £6.855 29,399 £201,530.15
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Phil Redding
2.	Reason for the notification
a)	Position/status	Chief Investment Officer
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Vesting of 2015 DSBP
c)	Price(s) and volume(s)	Price Volume Total £6.855 29,399 £201,530.15
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elizabeth Blease
2.	Reason for the notification
a)	Position/status	General Counsel & Group Company Secretary
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Vesting of 2015 DSBP
c)	Price(s) and volume(s)	Price Volume Total £6.855 4,753] £32,581.82
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Liz Reilly
2.	Reason for the notification
a)	Position/status	Group HR Director
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Vesting of 2015 DSBP
c)	Price(s) and volume(s)	Price Volume Total £6.855 4,995 £34,240.73
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Liz Reilly
2.	Reason for the notification
a)	Position/status	Group HR Director
b)	Initial notification /Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SEGRO plc
b)	LEI	213800XC35KGM9NFC641
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 financial instrument, type of instrument	Ordinary Shares of 10 pence
b)	Nature of the transaction	Sale of shares following 2015 DSBP vesting
c)	Price(s) and volume(s)	Price Volume Total £6.855 4,995 £34,240.73
d)	Aggregated information	N/A
e)	Date of the transaction	29 April 2019
f)	Place of the transaction	London Stock Exchange (XLON)

Stephanie Murton

Legal Counsel

020 7451 9083

 

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