Remuneration Information • May 9, 2017
Remuneration Information
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RNS Number : 6448E
Capital & Counties Properties Plc
09 May 2017
CAPITAL & COUNTIES PROPERTIES PLC (THE "COMPANY")
DIRECTOR / PDMR AWARDS
Capital & Counties Properties PLC announces that, following approval of the Capital & Counties Properties PLC Performance Share Plan 2017 (the "PSP") at the Company's AGM held on 5 May 2017, the following PSP awards were made to Executive Directors on 8 May 2017, based on a market value of 311.96 pence per share:
(A) ANNUAL PSP AWARDS
| Number of nil cost options: | Exercisable from: | |
| Ian Hawksworth | 667,553 | 8 May 2020 |
| Gary Yardley | 597,993 | 8 May 2020 |
| Situl Jobanputra | 364,630 | 8 May 2020 |
These awards are subject to the performance conditions and other terms set out in the Company's 2016 Annual Report.
(B) DEFERRED 2016 BONUS
| Number of nil cost options: | Exercisable from: | |
| Ian Hawksworth | 29,528 | 8 May 2020 |
| Gary Yardley | 26,463 | 8 May 2020 |
These awards are subject to the terms set out in the Company's 2016 Annual Report.
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Ian Hawksworth | |
| 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 | Capital & Counties Properties PLC | |
| b) | LEI | 549300TTXXZ1SHUI0D54 | |
| 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 25p each GB00B62G9D36 |
|
| b) | Nature of the transaction | Award of nil cost options pursuant to the Company's Performance Share Plan 2017 | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) Nil Cost Nil Cost |
Volume(s) 667,553 29,528 |
| e) | Aggregated information - Aggregated volume - Price |
697,081 Nil cost |
|
| f) | Date of the transaction | 2017-05-08 | |
| g) | Place of the transaction | London Stock Exchange (XLON) |
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Gary Yardley | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Managing Director and Chief Investment Officer | |
| b) | Initial notification /Amendment: | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Capital & Counties Properties PLC | |
| b) | LEI | 549300TTXXZ1SHUI0D54 | |
| 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 25p each GB00B62G9D36 |
|
| b) | Nature of the transaction | Award of nil cost options pursuant to the Company's Performance Share Plan 2017 | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) Nil Cost Nil Cost |
Volume(s) 597,993 26,463 |
| e) | Aggregated information - Aggregated volume - Price |
624,456 Nil cost |
|
| f) | Date of the transaction | 2017-05-08 | |
| g) | Place of the transaction | London Stock Exchange (XLON) |
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name: | Situl Jobanputra | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Chief Financial Officer | |
| b) | Initial notification /Amendment: | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Capital & Counties Properties PLC | |
| b) | LEI | 549300TTXXZ1SHUI0D54 | |
| 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 25p each GB00B62G9D36 |
|
| b) | Nature of the transaction | Award of nil cost options pursuant to the Company's Performance Share Plan 2017 | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) Nil Cost |
Volume(s) 364,630 |
| e) | Aggregated information - Aggregated volume - Price |
N/A | |
| f) | Date of the transaction | 2017-05-08 | |
| g) | Place of the transaction | London Stock Exchange (XLON) |
This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMRs' notification obligations under MAR have also been satisfied.
Name of officer of issuer responsible for making notification: Ruth Pavey
Date of Notification: 9 May 2017
Ruth Pavey
Company Secretary
9 May 2017
020 3214 9184
This information is provided by RNS
The company news service from the London Stock Exchange
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