27th Feb 2014 14:45
Capital & Counties Properties PLC (the "Company")
Director Share Dealings
On 26 February 2014 the Company was notified that Gary Yardley, Investment Director of the Company, exercised share options awarded in May 2010 under the Company's Performance Share Plan. The Company chose to settle the share options by delivering shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option shares).
Executive Director | Number of Options Exercised | Exercise Price (£) | Number of 25p Ordinary shares settled based on 25.02.14 closing price of £3.92
| Number of Shares Subsequently Sold | Sale Price per share (£) |
Gary Yardley | 1,540,387 | 1.0387 | 1,132,223 | 1,132,223 | 3.7719 |
Following these transactions, Gary Yardley holds 427,972 shares in the company, which represents 0.056% of the issued share capital, and holds LTIP awards over 2,506,480 share options which remain subject to performance conditions and/or service holding periods.
Ruth Pavey
Company Secretary
27 February 2014
Related Shares:
CAPC.L