Segro PLC — Director's Dealing 2017

Apr 19, 2017

National Storage Mechanism | Additional information

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RNS Number : 7319C

SEGRO PLC

19 April 2017

19 April 2017

SEGRO plc (the Company)

On 18 April 2017, following a recommendation made by the Company, the Trustee of the SEGRO plc Employees' Benefit Trust resolved to release the shares under the 2013 SEGRO Deferred Share Bonus Plan (DSBP) to the following Directors/PDMRs:

Director	Total shares vesting	Net shares vesting	Total beneficial shareholding following vesting
Andy Gulliford	43,122	22,854	248,513
Phil Redding	49,715	26,348	235,264
David Sleath	94,943	50,319	645,364
PDMR
Elizabeth Blease	9,565	5,069	96,573
Liz Reilly	9,139	4,843	78,881

Notes:

1. Under the 2013 DSBP, 50 per cent of the bonus payable in respect of 2013 performance was deferred as shares for three years for Executive Directors and 25 per cent of the bonus payable in respect of the 2013 performance was deferred as shares for PDMRs.

2. Following the completion of the Rights Issue on 28 March 2017, the number of shares awarded under the 2013 DSBP were adjusted. The adjustment factor applied was 1.046.

3. The participants received their shares net of adjustments for Income Tax and National Insurance Contributions.

4. The total beneficial shareholding includes shares held in the Company's Share Incentive Plan.

The Notification of Dealing Forms provided in accordance with the requirements of the Market Abuse Regulation (2014/596/EU) in relation to the transactions listed above are set out below:

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andy Gulliford

2.

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification /Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SEGRO plc

b)

LEI

213800XC35KGM9NFC641

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

Ordinary Shares of 10 pence

b)

Nature of the transaction

Vesting of 2013 DSBP

c)

Price(s) and volume(s)

Price	Volume	Total
£4.777	22,854	£109,173.56

d)

Aggregated information

N/A

e)

Date of the transaction

18 April 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Phil Redding

2.

Reason for the notification

a)

Position/status

Chief Investment Officer

b)

Initial notification /Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SEGRO plc

b)

LEI

213800XC35KGM9NFC641

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

Ordinary Shares of 10 pence

b)

Nature of the transaction

Vesting of 2013 DSBP

c)

Price(s) and volume(s)

Price	Volume	Total
£4.777	26,348	£125,864.40

d)

Aggregated information

N/A

e)

Date of the transaction

18 April 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Sleath

2.

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification /Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SEGRO plc

b)

LEI

213800XC35KGM9NFC641

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

Ordinary Shares of 10 pence

b)

Nature of the transaction

Vesting of 2013 DSBP

c)

Price(s) and volume(s)

Price	Volume	Total
£4.777	50,319	£240,373.86

d)

Aggregated information

N/A

e)

Date of the transaction

18 April 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Elizabeth Blease

2.

Reason for the notification

a)

Position/status

General Counsel & Group Company Secretary

b)

Initial notification /Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SEGRO plc

b)

LEI

213800XC35KGM9NFC641

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

Ordinary Shares of 10 pence

b)

Nature of the transaction

Vesting of 2013 DSBP

c)

Price(s) and volume(s)

Price	Volume	Total
£4.777	5,069	£24,214.61

d)

Aggregated information

N/A

e)

Date of the transaction

18 April 2017

f)

Place of the transaction

London Stock Exchange (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Liz Reilly

2.

Reason for the notification

a)

Position/status

HR Director

b)

Initial notification /Amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SEGRO plc

b)

LEI

213800XC35KGM9NFC641

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

Ordinary Shares of 10 pence

b)

Nature of the transaction

Vesting of 2013 DSBP

c)

Price(s) and volume(s)

Price	Volume	Total
£4.777	4,843	£23,135.01

d)

Aggregated information

N/A

e)

Date of the transaction

18 April 2017

f)

Place of the transaction

London Stock Exchange (XLON)

Stephanie Murton

Legal Counsel

020 7451 9083

This information is provided by RNS

The company news service from the London Stock Exchange

END

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