6th Mar 2013 16:36
St. Modwen Properties PLC
(the "Company")
Director/PDMR Shareholding
In accordance with DTR 3.1.4R (1), the Company announces that on 6th March 2013 the executive Directors were granted awards, structured as nil-cost options, over the Company's ordinary shares of 10p each under the St. Modwen Properties PLC 2007 Performance Share Plan (the "PSP") as set out below:
Director/PDMR | Number of shares comprising award | Total number of shares comprising all awards under PSP |
Bill Oliver | 231,077 | 1,178,358 |
Steve Burke | 152,468 | 777,500 |
Mike Dunn | 138,802 | 587,660 |
Vesting of the awards on 6th March 2016 is subject to the achievement of TSR-related performance targets (comprising both relative performance and absolute growth) measured over a three year period from 1st December 2012 to 30th November 2015. No consideration is payable for the grant or exercise of the awards.
6th April 2013
Related Shares:
SMP.L