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Countryside Props - Director/PDMR Shareholding

RNS Number : 5982J
Countryside Properties PLC
22 December 2020
 

22 December 2020

 

 

Countryside Properties PLC (the "Company")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

 

 

The Company has been notified of the vesting on 21 December 2020 of the following awards granted under the Countryside Properties PLC Long Term Incentive Plan ("LTIP") by PDMRs.  The awards, in the form of a conditional share award over the ordinary shares of £0.01 of the Company ("Shares"), were granted on 19 December 2017.  The vesting was subject to the Company's performance against certain metrics (TNAV, ROCE and relative TSR) and the transactions as a consequence of the vesting are set out below.

 

 

PDMR

Number of Vested LTIP Shares

Number of Vested LTIP Shares Sold¹

Iain McPherson

14,836

6,998²

Michael Scott

8,998

4,245²

Phillip Lyons

22,254

10,497²

Victoria Prior

3,673

1,734²

Gary Whitaker

10,676

5,036²

Michael Woolliscroft

8,642

4,077²

Nicholas Worrall

9,414

9,414

 

1)      The Shares were sold on the London Stock Exchange at an average price of £4.1770 per share.

2)      Sufficient Shares were sold to cover tax liabilities and the balance was retained.

 

      

The Notification of Dealing Forms for each PDMR can be found below.

 

This notification is made in accordance with the requirements of the Market Abuse Regulation.

 

 

Enquiries

 

Gary Whitaker

Company Secretary

Gary.Whitaker@cpplc.com

 

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Iain McPherson

2

Reason for the notification

a)

Position/Status

Group 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

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

14,836

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

6,998

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Scott

2

Reason for the notification

a)

Position/Status

Group 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

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

8,998

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

4,245

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Phillip Lyons

2

Reason for the notification

a)

Position/Status

Divisional 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

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

22,254

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

10,497

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Victoria Prior

2

Reason for the notification

a)

Position/Status

Managing Director, Corporate Affairs

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

3,673

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

1,734

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gary Whitaker

2

Reason for the notification

a)

Position/Status

Company Secretary

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

10,676

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

5,036

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Woolliscroft

2

Reason for the notification

a)

Position/Status

Divisional 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

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

8,642

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares sufficient to cover tax liabilities arising on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

4,077

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

Notification of Dealing Form

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nicholas Worrall

2

Reason for the notification

a)

Position/Status

Group Chief People Officer

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Countryside Properties PLC

b)

LEI

213800J3U1EMU8XMB493

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


Transaction 1

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Vesting of a conditional award of ordinary shares under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£nil

9,414

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

Outside of trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.01 each

 

ISIN: GB00BYPHNG03

b)

Nature of the transaction

Sale of shares on the aforesaid award under the Countryside Properties PLC Long Term Incentive Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£4.1770

9,414

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

Aggregate Price

Aggregate Volume

Aggregate Total

N/A

N/A

N/A

e)

Date of the transaction

2020-12-21

f)

Place of the transaction

XLON

 

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Market: LSE
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