21st Feb 2019 18:28
21 February 2019
Countryside Properties PLC (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company has been notified of the vesting of the following awards granted under the Countryside Properties PLC Long Term Incentive Plan ("LTIP") by PDMRs on 19 February 2019. The awards, in the form of a conditional share award over the ordinary shares of £0.01 of the Company ("Shares"), were granted on 18 February 2016. The vesting was subject to the Company's performance against certain metrics (TNAV, ROCE and relative TSR) and the transactions as a consequence of the vesting are set out below.
PDMR | Number of Vested LTIP Shares | Number of Vested LTIP Shares Sold to Cover Tax Liabilities ¹ | Number of Vested LTIP Shares Retained | Share Interests following Vesting² |
Ian Sutcliffe | 356,479 | 170,323 | 186,156 | 5,249,254 |
Rebecca Worthington | 213,887 | 102,194 | 111,693 | 1,518,997 |
Michael Scott | 56,145 | 26,826 | 29,319 | 383,366 |
Graham Cherry | 213,887 | 102,194 | 111,693 | 6,849,169 |
Ian Kelley | 103,869 | 49,628 | 54,241 | 1,066,054 |
Iain McPherson | 67,374 | 32,191 | 35,183 | 551,544 |
Nicholas Worrall | 65,521 | 31,306 | 34,215 | 394,559 |
Gary Whitaker | 74,860 | 35,768 | 39,092 | 300,213 |
1) Shares were sold to cover tax liabilities. The Shares were sold on the London Stock Exchange at an average price of £3.030559.
2) Share interests includes Shares and awards under the Company's LTIP, Deferred Bonus Plan and SAYE employee share plans.
The Notification of Dealing Forms for each PDMR can be found below.
This notification is made in accordance with the requirements of the Market Abuse Regulation.
Enquiries
Gary Whitaker
Company Secretary
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Ian Sutcliffe | |||
2 | Reason for the notification | ||||
a) | Position/Status | Group Chief Executive | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 356,479 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 170,323 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Rebecca Worthington | |||
2 | Reason for the notification | ||||
a) | Position/Status | Group Chief Operating Officer | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 213,887 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 102,194 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Michael Scott | |||
2 | Reason for the notification | ||||
a) | Position/Status | Group Chief Financial Officer | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 56,145 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 26,826 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Graham Cherry | |||
2 | Reason for the notification | ||||
a) | Position/Status | Chief Executive, Communities | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 213,887 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 102,194 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Ian Kelley | |||
2 | Reason for the notification | ||||
a) | Position/Status | Divisional Chief Executive | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 103,869 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 49,628 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Iain McPherson | |||
2 | Reason for the notification | ||||
a) | Position/Status | Divisional Chief Executive | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 67,374 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 32,191 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Nicholas Worrall | |||
2 | Reason for the notification | ||||
a) | Position/Status | Group HR Director | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 65,521 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 31,306 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Notification of Dealing Form
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Gary Whitaker | |||
2 | Reason for the notification | ||||
a) | Position/Status | Company Secretary | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Countryside Properties PLC | |||
b) | LEI | 213800J3U1EMU8XMB493 | |||
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 | ||||
Transaction 1 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 74,860 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-19 | |||
f) | Place of the transaction | Outside of trading venue | |||
Transaction 2 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each
ISIN: GB00BYPHNG03 | |||
b) | Nature of the transaction | Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the under the Countryside Properties PLC Long Term Incentive Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£3.030559 | 35,768 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-02-20 | |||
f) | Place of the transaction | XLON | |||
Related Shares:
CSP.L