St. Modwen Properties PLC Director/PDMR Shareholding (1598Z)
May 15 2019 - 11:15AM
UK Regulatory
TIDMSMP
RNS Number : 1598Z
St. Modwen Properties PLC
15 May 2019
15 May 2019
St. Modwen Properties PLC
(the "Company")
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them (in accordance with the Market Abuse
Regulations)
St. Modwen Properties PLC announces the following
transactions:
1. Vesting of Share Award Agreement
On 13 May 2019 Mark Allan exercised the following nil cost
option final tranche of an award granted to him on 2 November
2016:
Tranche Number of shares exercised Number of shares sold to cover tax liability Number of shares retained
Five 76,518 35,964 40,554
--------------------------- --------------------------------------------- --------------------------
In accordance with the terms of the agreement the tranche has
been exercised using existing shares held by the St. Modwen
Employee Share Trust.
2. Purchase of Shares
On 13 May 2019 Mark Allan purchased 36,178 shares in the Company
at GBP4.125.
The notifications set out below relating to the above
transactions are 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 MARK ALLAN
-------------------------------------------------------- -------------------------------------------------------
2. Reason for the Notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR - EXECUTIVE OFFICER
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment INITIAL NOTIFICATION
-------------------------------------------------------- -------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
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 the Financial instrument, type of ORDINARY SHARES OF 10 PENCE EACH IN ST. MODWEN
instrument PROPERTIES PLC
Identification code GB0007291015
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction EXERCISE OF TRANCHE FIVE OF THE SHARE AWARD GRANTED ON
2 NOVEMBER 2016 COMPRISING NIL COST
OPTIONS OVER 76,518 SHARES.
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
NIL COST 76,518 shares
--------------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information:
- Aggregated volume N/A
- Aggregated price N/A
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2019-05-13
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction OUTSIDE A TRADING VENUE
-------------------------------------------------------- -------------------------------------------------------
a) Description of the Financial instrument, type of ORDINARY SHARES OF 10 PENCE EACH IN ST. MODWEN
instrument PROPERTIES PLC
Identification code GB0007291015
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction DISPOSAL OF SHARES FOLLOWING EXERCISE OF TRANCHE FIVE
OF SHARE AWARD GRANTED ON 2 NOVEMBER
2016 TO COVER TAX LIABILITY ARISING ON EXERCISE
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP4.18 35,964
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
* Aggregated volume N/A
N/A
* Aggregated price
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2019-05-13
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction OUTSIDE A TRADING VENUE
-------------------------------------------------------- -------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name MARK ALLAN
-------------------------------- -------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position / status PDMR - EXECUTIVE OFFICER
-------------------------------- -------------------------------------
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 the ORDINARY SHARES OF 10 PENCE EACH IN
financial instrument ST. MODWEN PROPERTIES PLC
Identification Code
GB0007291015
-------------------------------- -------------------------------------
b) Nature of the transaction PURCHASE OF SHARES
-------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
4.125 GBP 36,178 SHARES
--------------
-------------------------------- -------------------------------------
d) Aggregated information n/a
Aggregated volume price n/a
-------------------------------- -------------------------------------
e) Date of the transaction 2019-05-13
-------------------------------- -------------------------------------
f) Place of the transaction LONDON STOCK EXCHANGE, MAIN MARKET
-------------------------------- -------------------------------------
LEI: 213800WMV4WVES8TQH05
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHCKPDQQBKDCPD
(END) Dow Jones Newswires
May 15, 2019 12:15 ET (16:15 GMT)
St.modwen Properties (LSE:SMP)
Historical Stock Chart
From Apr 2024 to May 2024
St.modwen Properties (LSE:SMP)
Historical Stock Chart
From May 2023 to May 2024