Segro PLC — Remuneration Information 2018

May 4, 2018

National Storage Mechanism | Additional information

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RNS Number : 1599N

SEGRO PLC

04 May 2018

4 May 2018

SEGRO plc (the Company)

Director/PDMR Shareholding

2014 LTIP vesting

On 2 May 2018, following a recommendation made by the Company, the Trustee of the SEGRO plc Employees' Benefit Trust resolved to release the shares under the 2014 Long Term Incentive Plan Award (the Award) to the below Directors/PDMRs.

The table below shows the number of shares released, and subsequently sold, and the resultant beneficial holdings:

	Number of shares vesting (gross)	Number of shares vesting (net of income tax and NICs)	Number of shares sold on 2 May 2018 at 641.84 pence per share	Beneficial holdings following vesting of the Award (inclusive of the SEGRO plc Share Incentive Plan)
Directors
David Sleath	338,909	179,621	179,621	691,386
Soumen Das*	58,151	30,820	0	152,877
Andy Gulliford**	221,831	117,570	0	478,537
Phil Redding	221,831	117,570	117,570	339,017
PDMRs
Elizabeth Blease***	73,943	39,189	39,189	138,789
Liz Reilly	70,616	37,426	37,426	132,541

Notes:

* Soumen Das' beneficial holding is partly held by a Person Closely Associated (PCA), Dipa Das.

** Andy Gulliford's beneficial holding is partly held by a PCA, Jan Gulliford.

*** Elizabeth Blease's beneficial holding is partly held by a PCA, Tim Rayner.

(a)  Further details of the operation of the LTIP are available in the Company's 2017 Annual Report and Accounts. As estimitated in the 2017 Annual Report and Accounts, the Company's performance against benchmarks resulted in a 100 per cent vesting of the Award.

(b)  David Sleath's shareholding is 888.1 per cent of his base salary and Phil Redding's shareholding is 675.1 per cent of his base salary as at today's date. They are expected to hold shares equivalent to 250 and 200 per cent of their base salary respectively. The number of shares held which contribute towards the shareholding requirement, includes beneficial interests, including SIP and DSBP shares. The value of the shares has been calculated using the mid-market quotation share price of 638.0 pence, as at 2 May 2018.

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

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 each

b)

Nature of the transaction

Vesting of the 2014 LTIP Award

c)

Price(s) and volume(s)

Price	Volume	Total
£6.3853	179,621	£1,146,933.97

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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 each

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price	Volume	Total
£6.4184	179,621	£1,152,879.43

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

f)

Place of the transaction

London Stock Exchange (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Soumen Das

2.

Reason for the notification

a)

Position/status

Chief Financial 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 each

b)

Nature of the transaction

Vesting of the 2014 LTIP Award

c)

Price(s) and volume(s)

Price	Volume	Total
£6.3853	30,820	£196,794.95

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

f)

Place of the transaction

London Stock Exchange (XLON)

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 each

b)

Nature of the transaction

Vesting of the 2014 LTIP Award

c)

Price(s) and volume(s)

Price	Volume	Total
£6.3853	117,570	£750,719.72

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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 each

b)

Nature of the transaction

Vesting of the 2018 LTIP Award

c)

Price(s) and volume(s)

Price	Volume	Total
£6.3853	117,570	£750,719.72

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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 each

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price	Volume	Total
£6.4184	117,570	£754,611.29

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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 and 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 each

b)

Nature of the transaction

Vesting of the 2014 LTIP Award

c)

Price(s) and volume(s)

Price	Volume	Total
£6.3853	39,189	£250,233.52

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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 and 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 each

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price	Volume	Total
£6.4184	39,189	£251,530.68

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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

Group 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 each

b)

Nature of the transaction

Vesting of the 2014 LTIP Award

c)

Price(s) and volume(s)

Price	Volume	Total
£6.3853	37,426	£238,976.24

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

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

Group 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 each

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price	Volume	Total
£6.4184	37,426	£240,215.04

d)

Aggregated information

N/A

e)

Date of the transaction

2 May 2018

f)

Place of the transaction

London Stock Exchange (XLON)

Elizabeth Blease

General Counsel and Group Company Secretary

020 7451 9083

This information is provided by RNS

The company news service from the London Stock Exchange

END

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