12 June 2024
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Great Portland Estates plc (the Company) announces that on 11 June 2024, the following persons discharging managerial responsibilities (PDMRs) and their persons closely associated (PCAs) purchased ordinary shares of 155/19 pence each in the Company by way of the take up of rights under the Company's 3 for 5 rights issue at 230 pence per New Ordinary Share announced on 23 May 2024 (the Rights Issue).
| PDMR | Position | Number of shares purchased under Rights Issue |
| Toby Courtauld | Chief Executive | 732,036 |
| Nick Sanderson | Chief Financial & Operating Officer | 173,968 |
| Dan Nicholson | Executive Director | 1,474 |
| Richard Mully | Chair | 36,000 |
| Nick Hampton | Non-Executive Director & Senior Independent Director | 1,500 |
| Mark Anderson | Non-Executive Director | 1,470 |
| Vicky Jarman | Non-Executive Director | 1,624 |
| PCA | Status | Number of shares purchased under Rights Issue |
| Elizabeth Nicholson | PCA to Dan Nicholson | 11,864 |
The Notification of Dealing Forms can be found below. This announcement is made in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Toby Courtauld | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| 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
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19 p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
732,036
230p
£1,683,682.80 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Nick Sanderson | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chief Financial & Operating Officer | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
173,968
230p
£400,126.40 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Dan Nicholson | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Executive Director | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
1,474
230p
£3,390.20 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Elizabeth Nicholson | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Person Closely Associated to Dan Nicholson | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
11,864
230p
£27,287.20
| ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Richard Mully | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Chair | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
36,000
230p
£82,800.00 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Nick Hampton | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Non-Executive Director & Senior Independent Director | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
1,500
230p
£3,450.00 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Mark Anderson | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Non-Executive Director | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
1,470
230p
£3,381.00 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Vicky Jarman | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| Non-Executive Director | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Great Portland Estates plc | ||||
| b)
| LEI
| 213800JMEDD2Q4N1MC42
| ||||
| 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 instrument
Identification code
| Ordinary shares of 155/19p
ISIN: GB00BF5H9P87 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares by the take up of rights under a rights issue | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
|
1,624
230p
£3,735.20 | ||||
| e)
| Date of the transaction
| 11 June 2024 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
For further information, please contact:
Darren Lennark
General Counsel & Company Secretary
Great Portland Estates plc
020 7647 3000
LEI Number: 213800JMEDD2Q4N1MC42
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