RNS Number : 4674R
Great Portland Estates PLC
06 June 2024
 

6 June 2024

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

 

Great Portland Estates plc (the Company) has been notified that Toby Courtauld, Chief Executive, sold 12.9% of his nil paid rights relating to ordinary shares of 155/19 pence in the Company under the rights issue announced on 23 May 2024, as set out below, and has elected to take up the remainder of his rights.

 

Name

Number of nil paid rights

Sale price per nil paid right

Date of sale

Toby Courtauld, Chief Executive

108,652

101.4046 pence

5 June 2024

 

 

The Notification of Dealing Form can be found below. This announcement is made in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

 

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

Nil paid rights relating to ordinary shares of 155/19 pence each in the Company

 

ISIN: GB00BQXP7G81

b)

Nature of the transaction

Sale of nil paid rights under the rights issue announced on 23 May 2024

c)

Price(s) and volume(s)

Price

Volume(s)


101.4046 pence

108,652

d)

Aggregated information

-      Aggregated volume

-      Aggregated price

-      Aggregated total

 

Aggregated volume: 108,652

Aggregated price: 101.4046p

Aggregated total: £110,178.13

e)

Date of transaction

5 June 2024

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Contact:

Great Portland Estates plc
Darren Lennark       

General Counsel & Company Secretary

020 7647 3000

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