17th Dec 2019 18:26
17 December 2019
Countryside Properties PLC (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company has been notified of the vesting on 16 December 2019 of the following awards granted under the Countryside Properties PLC Long Term Incentive Plan ("LTIP") by PDMRs. The awards, in the form of a conditional share award over the ordinary shares of £0.01 of the Company ("Shares"), were granted on 15 December 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 Retained² |
Ian Sutcliffe | 347,604 | 163,948 | 183,656 |
Michael Scott | 60,240 | 28,413 | 31,827 |
Ian Kelley | 119,594 | 56,407 | 63,187 |
Iain McPherson | 101,244 | 47,753 | 53,491 |
Nicholas Worrall | 64,121 | 30,243 | 33,878 |
Gary Whitaker | 72,996 | 34,429 | 38,567 |
1) The Shares were sold on the London Stock Exchange at an average price of £4.680145 per share.
2) Sufficient Shares were sold to cover tax liabilities and the balance was retained.
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 | 347,604 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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) | ||
£4.680145 | 163,948 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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 | 60,240 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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) | ||
£4.680145 | 28,413 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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 | 119,594 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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) | ||
£4.680145 | 56,407 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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 | 101,244 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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) | ||
£4.680145 | 47,753 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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 | 64,121 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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) | ||
£4.680145 | 30,243 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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 | 72,996 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
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) | ||
£4.680145 | 34,429 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2019-12-16 | |||
f) | Place of the transaction | XLON | |||
Related Shares:
CSP.L