TIDMSGRO
6 May 2021
SEGRO plc (the Company)
Director/PDMR Shareholding
On 5 May 2021, following a recommendation made by the Company,
the Trustee of the SEGRO plc Employees' Benefit Trust agreed
to:
- release the shares in respect of the 2017 Deferred Share Bonus
Plan (DSBP) Award, made on 28 June 2018; and
- release the shares in respect of the 2018 Long Term Incentive
Plan (LTIP) Award, made on 26 April 2018,
to Directors and PDMRs in the Company.
Full details about the DSBP and the LTIP, including performance
conditions, can be found in the Company's 2020 Annual Report and
Accounts.
The table below shows the number of shares awarded, released and
subsequently sold on 5 May 2021, and Directors' and PDMRs resultant
beneficial holdings.
Number Number Beneficial
of of Beneficial holding as
shares shares holdings a
vested vested (inclusive of percentage
on 5 on 5 Number of the SEGRO plc of base
May May shares Share salary as
2021 2021 sold on 5 Incentive at 5 May
Name Award (Gross) (Net) May 2021 Plan (SIP)) 2021(7)
Directors
2017
David Sleath DSBP 69,920 37,057 37,057(6) 701,797 1,068%
2018 LTIP(1) 196,892 104,352 -
Other - - 104,351(5)
2017
Soumen Das(2) DSBP 51,957 27,537 27,537(6) 376,764 795%
2018 LTIP(1) 146,310 77,544 -
Andy 2017
Gulliford(3) DSBP 45,779 24,262 24,262(6) 692,461 1,561%
2018 LTIP 128,913 68,323 -
PDMR
Elizabeth 2017
Blease(4) DSBP 6,250 3,312 3,312(6) 154,308 -
2018 LTIP(1) 43,326 22,962 22,962(6)
2017
Liz Reilly DSBP 6,291 3,334 3,334(6) 143,349 -
2018 LTIP(1) 42,520 22,535 22,535(6)
1. As estimated in the 2020 Annual Report and Accounts, the Company's
performance against benchmarks resulted in 100 per cent of the 2018 LTIP
vesting. The Directors' 2018 LTIP Award is subject to a two-year
post-vesting Holding Period, which will end of 26 April 2023.
2. Soumen Das' beneficial holding is partly held by a Person Closely
Associated (PCA), Dipa Das.
3. Andy Gulliford's beneficial holding is partly held by a PCA, Jan
Gulliford.
4. Elizabeth Blease's beneficial holding is partly held by a PCA, Tim
Rayner.
5. David Sleath also sold 104,351 shares on 5 May 2021 at 1,001.07 pence per
share.
6. Shares sold at 1,001.77 pence per share.
7. David Sleath is expected to build a shareholding in the Company
equivalent to 300 per cent of the value of his base salary. Soumen Das
and Andy Gulliford are expected to hold shares equivalent to 250 per cent
of their base salaries. The number of shares which contribute towards
this shareholding requirement comprise beneficial interests (including
SIP shares) and shares subject to deferral under the DSBP, net of Income
Tax and National Insurance. The value of the shares has been calculated
using the vesting share price of the 2017 DSBP and 2018 LTIP Awards, at
1,001.77 pence.
The Notification of Dealing Forms provided in accordance with
the requirements of the Market Abuse Regulation (2014/596/EU) in
relation to the transactions listed above are set out below:
1. Details of the person discharging managerial responsibilities / person
closely associated
a) Name David Sleath
2. Reason for the notification
a) Position/status Chief Executive
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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
a) Description of the financial Ordinary Shares of 10 pence
instrument, type of instrument
b) Nature of the transaction Vesting of 2017 DSBP Award Sale of
2017 DSBP Shares Vesting of 2018
LTIP Award Sale
c) Price(s) and volume(s) Price Volume Total 1 GBP10.0177
37,057 GBP371,225.91 2 GBP10.0177
37,057 GBP371,225.91 3 GBP10.0177
104,352 GBP1,045,367,03 4 GBP10.0177
104,351 GBP1,044,626.57
d) Aggregated information N/A
e) Date of the transaction 05/05/2021
f) Place of the transaction London Stock Exchange (XLON)
1. Details of the person discharging managerial responsibilities / person
closely associated
a) Name Soumen Das
2. Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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
a) Description of the financial Ordinary Shares of 10 pence
instrument, type of instrument
b) Nature of the transaction Vesting of 2017 DSBP Award Sale of
2017 DSBP Shares Vesting of 2018
LTIP Award
c) Price(s) and volume(s) Price Volume Total
1 GBP10.0177 27,537 GBP275,857.40
2 GBP10.0177 27,537 GBP275,857.40
3 GBP10.0177 77,544 GBP776,812.53
d) Aggregated information N/A
e) Date of the transaction 05/05/2021
f) Place of the transaction London Stock Exchange (XLON)
1. Details of the person discharging managerial responsibilities / person
closely associated
a) Name Andy Gulliford
2. Reason for the notification
a) Position/status Chief Operating Officer
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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
a) Description of the financial Ordinary Shares of 10 pence
instrument, type of instrument
b) Nature of the transaction Vesting of 2017 DSBP Award Sale of
2017 DSBP Shares Vesting of 2018
LTIP Award
c) Price(s) and volume(s) Price Volume Total
1 GBP10.0177 24,262 GBP240,049.43
2 GBP10.0177 24,262 GBP240,049.43
3 GBP10.0177 68,323 GBP684,439.32
d) Aggregated information N/A
e) Date of the transaction 05/05/2021
f) Place of the transaction London Stock Exchange (XLON)
1. Details of the person discharging managerial responsibilities / person
closely associated
a) Name Elizabeth Blease
2. Reason for the notification
a) Position/status General Counsel and Group Company
Secretary
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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
a) Description of the financial Ordinary Shares of 10 pence
instrument, type of instrument
b) Nature of the transaction Vesting of 2017 DSBP Award Sale of
2017 DSBP Shares Vesting of 2018
LTIP Award Sale of 2018 LTIP Shares
c) Price(s) and volume(s) Price Volume Total
1 GBP10.0177 3,312 GBP33,178.62
2 GBP10.0177 3,312 GBP33,178.62
3 GBP10.0177 22,962 GBP230,026.43
4 GBP10.0177 22,962 GBP230,026.43
d) Aggregated information N/A
e) Date of the transaction 05/05/2021
f) Place of the transaction London Stock Exchange (XLON)
1. Details of the person discharging managerial responsibilities / person
closely associated
a) Name Liz Reilly
2. Reason for the notification
a) Position/status Group HR Director
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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
a) Description of the financial Ordinary Shares of 10 pence
instrument, type of instrument
b) Nature of the transaction Vesting of 2017 DSBP Award Sale of
2017 DSBP Shares Vesting of 2018
LTIP Award Sale of 2018 LTIP
Shares
c) Price(s) and volume(s) Price Volume Total
1 GBP10.0177 3,334 GBP33,399.02
2 GBP10.0177 3,334 GBP33,399.02
3 GBP10.0177 22,535 GBP225,748.87
4 GBP10.0177 22,535 GBP225,748.87
d) Aggregated information N/A
e) Date of the transaction 05/05/2021
f) Place of the transaction London Stock Exchange (XLON)
Penny Thomas
Interim Head of Secretariat
020 7451 9083
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210506005698/en/
CONTACT:
SEGRO PLC
SOURCE: SEGRO PLC
Copyright Business Wire 2021
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