St. Modwen Properties PLC Director/PDMR Shareholding (6820L)
October 04 2016 - 9:53AM
UK Regulatory
TIDMSMP
RNS Number : 6820L
St. Modwen Properties PLC
04 October 2016
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
St. Modwen Properties PLC (the "Company") has been notified
that, on 3(rd) October 2016, Steve Burke, Group Construction
Director, exercised options granted under the St. Modwen Properties
PLC 2011 Saving Related Share Option Scheme to purchase 9,887
ordinary shares of 10 pence each in the Company at a price of
156.00 pence per share. These shares were subsequently sold at a
price of 298.40 pence per share. Consequently the number of
ordinary shares held beneficially by Steve Burke and those persons
closely associated with him remains unchanged at 526,615
shares.
The notification set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation.
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------
a) Name STEPHEN BURKE
--- ------------------------------- -------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------
a) Position / status PDMR - GROUP CONSTRUCTION
DIRECTOR
--- ------------------------------- -------------------------------
b) Initial notification/amendment INITIAL NOTIFICATION
--- ------------------------------- -------------------------------
3. Details of issuer
--- ----------------------------------------------------------------
a) Name ST. MODWEN PROPERTIES PLC
--- ------------------------------- -------------------------------
b) LEI 213800WMV4WVES8TQH05
--- ------------------------------- -------------------------------
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 EXERCISE OF OPTIONS TO ACQUIRE
the financial ORDINARY SHARES OF 10 PENCE
instrument EACH UNDER THE SAVING RELATED
SHARE OPTION SCHEME ("2011
SAYE OPTIONS")
Identification
Code GB0007291015
--- ------------------------------- -------------------------------
b) Nature of the EXERCISE OF 2011 SAYE OPTIONS
transaction
--- ------------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -------------
GBP1.56 9,887 SHARES
--------- -------------
--- ------------------------------- -------------------------------
d) Aggregated information N/A
* Aggregated volume
* Aggregated price
--- ------------------------------- -------------------------------
e) Date of the transaction 2016-10-03
--- ------------------------------- -------------------------------
f) Place of the transaction OUTSIDE A TRADING VENUE
--- ------------------------------- -------------------------------
a) Description of ORDINARY SHARES OF 10 PENCE
the financial EACH
instrument GB0007291015
Identification
Code
--- ------------------------------- -------------------------------
b) Nature of the DISPOSAL OF SHARES FOLLOWING
transaction EXERCISE OF 2011 SAYE OPTIONS
--- ------------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- -------------
GBP2.984 9,887 SHARES
--------- -------------
--- ------------------------------- -------------------------------
d) Aggregated information N/A
* Aggregated volume
* Aggregated price
--- ------------------------------- -------------------------------
e) Date of the transaction 2016-10-03
--- ------------------------------- -------------------------------
f) Place of the transaction OUTSIDE A TRADING VENUE
--- ------------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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