1st Mar 2016 10:15
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 two Executive Directors on 29 February 2016:
AWARDS UNDER THE MATCHING SHARE PLAN
The following awards of nil cost options were made to Ian Hawksworth and Soumen Das on 29 February 2016. The awards were made under the Capital & Counties Properties PLC Matching Share Plan following the co-investment of shares held by Ian Hawksworth and Soumen Das, and were based on a market value of 317.8 pence per share:
Number of shares co-invested | Number of nil cost options awarded: | Expected vesting date: | |
Ian Hawksworth | 94,699 | 189,398 | 01/03/2019 |
Soumen Das | 53,448 | 106,896 | 01/03/2019 |
Each of the three Executive Directors have now invested the maximum amount under the 2013 co-investment invitation.
The vesting of the awards above is dependent on the satisfaction of performance conditions set out in the Company's 2014 Annual Report.
Ruth Pavey
Company Secretary
1 March 2016
020 3214 9184
Related Shares:
CAPC.L