Great Portland Estates PLC Director/PDMR Shareholding

RNS Number : 6302D

Great Portland Estates PLC

10 September 2024

Great Portland Estates plc (the "Company")

Exercise of nil-cost options under The Great Portland Estates Long Term Incentive Plan (the "LTIP")

The Company announces that, on 9 September 2024, the following Directors:

(i) exercised their nil cost options granted under the LTIP on 3 June 2019 over the following numbers of ordinary shares of 15 ⁵/₁₉ pence each in the Company:

Director	PDMR / Title	No. of ordinary shares of 15 ⁵/₁₉p each acquired upon exercise of options
Toby Courtauld	Chief Executive	22,536
Nick Sanderson	Chief Financial & Operating Officer	15,505

(ii) sold the following numbers of ordinary shares of 15 ⁵/₁₉ pence each in the Company in order to meet the income tax and National Insurance contributions liabilities arising on the exercise of their options at a price of 347.522p per share:

Director	PDMR / Title	No. of ordinary shares of 15 ⁵/₁₉p each sold for tax/NIC purposes
Toby Courtauld	Chief Executive	10,593
Nick Sanderson	Chief Financial & Operating Officer	7,288

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Toby Courtauld
2.	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 15 ⁵/₁₉p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Exercise of nil cost options granted under the rules of The Great Portland Estates Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	22,536
d)	Aggregated information Aggregated volume Aggregated price Aggregated total	Aggregated volume: 22,536 Aggregated price: Nil Aggregated total: 22,536 ordinary shares
e)	Date of transaction	9 September 2024
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Nick Sanderson
2.	Reason for the notification
a)	Position/status	Chief Financial & Operating Officer
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 15 ⁵/₁₉ p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Exercise of nil cost options granted under the rules of The Great Portland Estates Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	Nil consideration	15,505
d)	Aggregated information Aggregated volume Aggregated price Aggregated total	Aggregated volume: 15,505 Aggregated price: Nil Aggregated total: 15,505 ordinary shares
e)	Date of transaction	9 September 2024
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Toby Courtauld
2.	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 15 ⁵/₁₉p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Sale of shares to meet income tax and National Insurance contributions liabilities arising on the exercise of options granted under the rules of The Great Portland Estates Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	347.522p	10,593
d)	Aggregated information Aggregated volume Aggregated price Aggregated total	Aggregated volume: 10,593 Aggregated price: £3.47522 Aggregated total: £36,813.01
e)	Date of transaction	9 September 2024
f)	Place of the transaction	London Stock Exchange (XLON)

1.	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Nick Sanderson
2.	Reason for the notification
a)	Position/status	Chief Financial & Operating Officer
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, action platform, auctioneer or auction monitor
a)	Name	Great Portland Estates plc
b)	Legal Entity Identifier	213800JMEDD2Q4N1MC42
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	Ordinary shares of 15 ⁵/₁₉ p ISIN: GB00BF5H9P87
b)	Nature of the transaction	Sale of shares to meet income tax and National Insurance contributions liabilities arising on the exercise of options granted under the rules of The Great Portland Estates Long Term Incentive Plan.
c)	Price(s) and volume(s)	Price	Volume(s)
	Ordinary shares	347.522p	7,288
d)	Aggregated information Aggregated volume Aggregated price Aggregated total	Aggregated volume: 7,288 Aggregated price: £3.47522 Aggregated total: £25,327.40
e)	Date of transaction	9 September 2024
f)	Place of the transaction	London Stock Exchange (XLON)

Contact:

Great Portland Estates plc

Darren Lennark

General Counsel & Company Secretary

020 7647 3000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBSGDCBSBDGSG

Great Portland Estates (LSE:GPE)
Historical Stock Chart
From Aug 2024 to Sep 2024