4th Jun 2010 15:16
Great Portland Estates plc (GPE) GPE Long-Term Incentive Plan (LTIP) 4 June 2010
As a result of achievement of the performance target relating to LTIP awards made on 31 May 2007, 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 53,934 Timon Drakesmith, Finance Director 32,995 Neil Thompson, Development Director 32,995
Of these shares, the following were sold on 4 June 2010 at a price of 305.11p per share in order to meet the tax/NI liability:
No. of Ordinary shares of 12.5p each sold for tax/NI purposes
Toby Courtauld, Chief Executive 27,507 Timon Drakesmith, Finance Director 16,828 Neil Thompson, Development Director 16,828
The total number of GPE shares now held by each of these Directors and their total percentage holding following these transactions is as follows:
Total No. of Ordinary percentage shares of 12.5p each holding
Toby Courtauld, Chief Executive 499,207 0.16 Timon Drakesmith, Finance Director 160,291 0.05 Neil Thompson, Development Director 180,705 0.06
Contact:
Desna Martin, Company Secretary 020 7647 3000
Related Shares:
GPOR.L