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Segro PLC Remuneration Information 2021
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Remuneration Information
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National Storage Mechanism | Additional information
Director/PDMR Shareholding
30 March 2021
SEGRO plc (the Company)
Director/PDMR Shareholding
2021 LTIP Award (Award)
On 29 March 2021, following a recommendation made by the Company, the Trustee of the SEGRO plc Employees’ Benefit Trust notified the Company that it had resolved to grant the below awards under the SEGRO plc Long Term Incentive Plan (LTIP) to the following Directors/PDMRs of the Company.
| Director | Number of shares awarded |
| David Sleath | 190,986 |
| Soumen Das | 135,341 |
| Andy Gulliford | 124,894 |
| PDMR | |
| Elizabeth Blease | 31,908 |
| Liz Reilly | 31,925 |
Notes:
a) The LTIP has been structured as a provisional allocation over ordinary shares in the Company. Further details of the operation of the LTIP are available in the Company’s 2020Annual Report and Accounts.
b) The Remuneration Committee has the discretion to adjust the Awards downwards at vesting to ensure that all relevant factors are taken into account, including the consideration of any windfall gains.
c) The calculation of the awards granted was based on a share price of 933.0 pence, being the mid-market quotation price on the day immediately preceding the Award. This method of calculation is consistent with that used for previous awards.
The Notification of Dealing Forms provided in accordance with the requirements of the Market Abuse Regulation (2014/596/EU) (MAR) 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 | 2021 LTIP Award |
| c) | Price(s) and volume(s) | Price Volume Total £9.33 190,986 £1,781,899.38 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 29 March 2021 |
| 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 | 2021 LTIP Award |
| c) | Price(s) and volume(s) | Price Volume Total £9.33 135,341 £1,262,731.53 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 29 March 2021 |
| 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 | 2021 LTIP Award |
| c) | Price(s) and volume(s) | Price Volume Total £9.33 124,894 £1,165,261.02 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 29 March 2021 |
| 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 | 2021 LTIP Award |
| c) | Price(s) and volume(s) | Price Volume Total £9.33 31,908 £297,701.64 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 29 March 2021 |
| 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 | 2021 LTIP Award |
| c) | Price(s) and volume(s) | Price Volume Total £9.33 31,925 £297,860.25 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 29 March 2021 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
Penny Thomas
Interim Head of Secretariat
020 7451 9083
View source version on businesswire.com: https://www.businesswire.com/news/home/20210330005719/en/
SEGRO PLC