12th Mar 2012 15:49
CAPITAL & COUNTIES PROPERTIES PLC (THE "COMPANY")
DIRECTOR / PDMR AWARDS
In accordance with DTR 3.1.4(1)(a), Capital & Counties Properties PLC announces that the following awards were made to Executive Directors on 9 March 2012:
A. PERFORMANCE SHARE PLAN
Pursuant to the Company's Performance Share Plan, the following awards of nil cost options were made based on a market value of 190.7 p per share:
Number of nil cost Exercisable from: options: Ian Hawksworth 353,959 9 March 2015 Gary Yardley 314,630 9 March 2015 Soumen Das 235,972 9 March 2015 B. MATCHING SHARE PLAN
i. Pursuant to the Company's Matching Share Plan the following deferred nil
cost options were awarded based on a market value of 190.7p per share. These awards represent the 50% of each Executive Director's bonus that was deferred into shares for three years: Number of deferred nil Exercisable from: cost options awarded Ian Hawksworth 176,979 9 March 2015 Gary Yardley 157,315 9 March 2015 Soumen Das 117,986 9 March 2015
ii. The following matching nil cost options were awarded in respect of the
deferred nil cost options above: Number of matching nil Exercisable from: cost options awarded Ian Hawksworth 176,979 9 March 2015 Gary Yardley 157,315 9 March 2015 Soumen Das 117,986 9 March 2015
Note: The vesting of the awards under A and B (ii) above is dependent on the satisfaction of performance conditions.
Ruth PaveyCompany Secretary12 March 2012020 3214 6283
XLONRelated Shares:
CAPC.L