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Shaftesbury Capital Plc (formerly: Capital & Counties Properties Plc)
Remuneration Information • Mar 24, 2023
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 2057U
Shaftesbury Capital PLC
24 March 2023
SHAFTESBURY CAPITAL PLC (THE "COMPANY")
DIRECTOR / PDMR AWARDS
Shaftesbury Capital PLC announces that the following awards of nil cost options were made to Executive Directors on 23 March 2023, based on a market value of 112.9 pence per share:
1) ANNUAL PSP AWARDS - SUBJECT TO CORPORATE PERFORMANCE CONDITIONS
| Number of nil cost options: | Exercisable from: | |
| Ian Hawksworth | 1,926,483 | 23 March 2026 |
| Situl Jobanputra | 1,381,753 | 23 March 2026 |
| Chris Ward | 1,381,753 | 23 March 2026 |
The future vesting of the PSP awards is subject to the relative total return and total shareholder return performance conditions and other terms set out in the Company's 2022 Annual Report. The performance period for the awards is 1 January 2023 to 31 December 2025.
2) DEFERRED 2022 BONUS
| Number of nil cost options: | Exercisable from: | |
| Ian Hawksworth | 356,864 | 23 March 2026 |
| Situl Jobanputra | 237,023 | 23 March 2026 |
These awards represent the deferred element of the annual bonus awarded in respect of 2022 reported within the Company's 2022 Annual Report. The awards are subject to the terms set out in the Company's 2022 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 | Shaftesbury Capital 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) 1,926,483 356,864 |
| e) | Aggregated information - Aggregated volume - Price |
2,283,347 Nil Cost |
|
| f) | Date of the transaction | 2023-03-23 | |
| g) | Place of the transaction | Outside a trading venue |
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 | Shaftesbury Capital 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) 1,381,753 237,023 |
| e) | Aggregated information - Aggregated volume - Price |
1,618,776 Nil Cost |
|
| f) | Date of the transaction | 2023-03-23 | |
| g) | Place of the transaction | Outside a trading venue |
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: | Chris Ward | |
| 2 | Reason for the notification | ||
| a) | Position/status: | Chief 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 | Shaftesbury Capital 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) 1,381,753 |
| e) | Aggregated information - Aggregated volume - Price |
1,381,753 Nil Cost |
|
| f) | Date of the transaction | 2023-03-23 | |
| g) | Place of the transaction | Outside a trading venue |
This announcement is made in accordance with the requirements of the UK Market Abuse Regulation ("UK MAR") and the Company confirms that the PDMRs' notification obligations under UK MAR have also been satisfied.
Name of officer of issuer responsible for making notification: Ruth Pavey
Date of Notification: 23 March 2023
Ruth Pavey
Company Secretary
24 March 2023
020 3214 9170
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