21st Dec 2021 17:30
21 December 2021
Countryside Properties PLC (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company has been notified of the vesting on 20 December 2021 of the following awards granted under the Countryside Properties PLC Deferred Bonus Plan ("DBP") 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 19 December 2018 with no performance conditions applicable. The number of vested DBP Shares include the additional Shares received on vesting based on the dividends paid during the period from the date of grant to the vesting date.
The Shares automatically vested on the date of vesting and the transactions as a consequence of the vesting are set out below.
PDMR | Number of vested DBP Shares | Number of vested DBP Shares Sold¹ |
Phillip Lyons | 47,378 | 47,378 |
Iain McPherson | 31,585 | 14,897² |
1) The Shares were sold on the London Stock Exchange at an average price of £4.1761 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 | Phillip Lyons | |||
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 Deferred Bonus Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£nil | 47,378 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2021-12-20 | |||
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 on the aforesaid award under the Countryside Properties PLC Deferred Bonus Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£4.1761 | 47,378 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2021-12-20 | |||
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 | 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 Deferred Bonus Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£Nil | 31,585 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
Nil | N/A | Nil | |||
e) | Date of the transaction | 2021-12-20 | |||
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 Countryside Properties PLC Deferred Bonus Plan | |||
c) | Price(s) and volumes(s) | Price(s) | Volume(s) | ||
£4.1761 | 14,897 | ||||
d) | Aggregated information
- Aggregated volume
- Price | Aggregate Price | Aggregate Volume | Aggregate Total | |
N/A | N/A | N/A | |||
e) | Date of the transaction | 2021-12-20 | |||
f) | Place of the transaction | XLON | |||
Related Shares:
CSP.L