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INTU PROPERTIES PLC - Director/PDMR Vesting of Performance Share Plan

Release Date: 25/05/2017 08:00
Code(s): ITU     PDF:  
Wrap Text
Director/PDMR Vesting of Performance Share Plan

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:     ITU
intu properties plc (“intu” or the “company”)

25 May 2017

 LEI: 213800JSNTERD5CJZO95
 Regulated Information Classification: Additional regulated information required to be
 disclosed under the laws of a Member State of the EU

Director/PDMR Vesting of Performance Share Plan (“PSP”)

Awards under intu’s PSP which were granted in 2013 to certain intu Executive Directors and PDMRs
vested on 22 May 2017. The overall vesting percentage for the PSP was 24.25%.

The resultant changes to Executive Directors’ and PDMRs’ interests in the company’s shares are set
out in the following table:

                            Zero-Cost              Shares        Shares Retained &          Total Holding & % of
                               Option        sold to meet        % of Issued Share          Issued Share Capital
                               (no. of         tax and NI                   Capital
                             shares)¹          liability at
                                               £2.676 per
                                                    share
    Executive
    Directors

    David Fischel                50,971              23,957       27,014        0.000%      1,150,086           0.085%
    Matthew Roberts              39,208              18,429       20,779        0.000%        341,992           0.025%


    PDMRs

    Hugh Ford²                   16,176                7,604        8,572       0.000%          95,255          0.007%
    Susan Marsden                 5,497                2,584        2,913       0.000%          26,973          0.002%
    Trevor Pereira²              11,212                5,271        5,941       0.000%          87,165          0.006%

    1.   All Directors and PDMRs allowed the Jointly Owned Shares attached to the Zero-Cost Options to lapse.
    2.   Mrs Susan Ford will be the registered owner of the 8,572 to be retained by Hugh Ford arising from the exercise of
         shares and Mrs Samantha Pereira will be the registered owner of the 5,941 shares to be retained by Trevor Pereira
         arising from the exercise of the shares, as set out above.

Susan Marsden
Group Company Secretary
25 May 2017

Sponsor:
Merrill Lynch South Africa (Pty) Limited


The information set out below is provided in accordance with the requirements of Article 19(3) of the EU
Market Abuse Regulation No 596/2014 and provides further detail.

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR PERSONS CLOSELY ASSOCIATED WITH THEM


1.    Details of PDMR/person closely associated with them ('PCA')

a)    Name                          David Fischel

b)    Position/status               Chief Executive

c)    Initial notification/         Initial Notification

      amendment

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

a)    Name                          intu properties plc

b)    LEI                           213800JSNTERD5CJZO95

3.    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 transaction(s) has been
      conducted

a)    Description of the            ORDINARY SHARES OF 50P
      financial instrument
                                    ISIN: GB0006834344

b)    Nature of the transaction     Shares acquired under the intu properties plc Performance Share
                                    Plan.

c)    Price(s) and                  Price(s)               Volume(s)

      volume(s)                     GBP pence              50,971
                                    267.60
d)    Aggregated information

      Aggregated volume             Not applicable

      Price

e)    Date of the transaction       22 May 2017

f)    Place of the transaction      London Stock Exchange Main Market (XLON)


1.   Details of PDMR/person closely associated with them ('PCA')

a)   Name                        Matthew Roberts

b)   Position/status             Chief Financial Officer

c)   Initial notification/       Initial Notification

     amendment

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

a)   Name                        intu properties plc

b)   LEI                         213800JSNTERD5CJZO95

3.   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 transaction(s) has been
     conducted

a)   Description of the          ORDINARY SHARES OF 50P
     financial instrument
                                 ISIN: GB0006834344

b)   Nature of the transaction   Shares acquired under the intu properties plc Performance Share
                                 Plan.

c)   Price(s) and                Price(s)               Volume(s)

     volume(s)                   GBP pence              39,208
                                 267.60

d)   Aggregated information

     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     22 May 2017

f)   Place of the transaction    London Stock Exchange Main Market (XLON)


1.   Details of PDMR/person closely associated with them ('PCA')

a)   Name                        Hugh Ford

b)   Position/status             PDMR
c)   Initial notification/       Initial Notification

     amendment

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

a)   Name                        intu properties plc

b)   LEI                         213800JSNTERD5CJZO95

3.   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 transaction(s) has been
     conducted

a)   Description of the          ORDINARY SHARES OF 50P
     financial instrument
                                 ISIN: GB0006834344

b)   Nature of the transaction   Shares acquired under the intu properties plc Performance Share
                                 Plan.

c)   Price(s) and                Price(s)               Volume(s)

     volume(s)                   GBP pence              16,176
                                 267.60

d)   Aggregated information

     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     22 May 2017

f)   Place of the transaction    London Stock Exchange Main Market (XLON)


1.   Details of PDMR/person closely associated with them ('PCA')

a)   Name                        Susan Marsden

b)   Position/status             PDMR

c)   Initial notification/       Initial Notification

     amendment

2.   Details of the issuer, emission allowance market participant, auction platform, auctioneer
     or auction monitor
a)   Name                        intu properties plc

b)   LEI                         213800JSNTERD5CJZO95

3.   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 transaction(s) has been
     conducted

a)   Description of the          ORDINARY SHARES OF 50P
     financial instrument
                                 ISIN: GB0006834344

b)   Nature of the transaction   Shares acquired under the intu properties plc Performance Share
                                 Plan.

c)   Price(s) and                Price(s)               Volume(s)

     volume(s)                   GBP pence              5,497
                                 267.60
d)   Aggregated information

     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     22 May 2017

f)   Place of the transaction    London Stock Exchange Main Market (XLON)



1.   Details of PDMR/person closely associated with them ('PCA')

a)   Name                        Trevor Pereira

b)   Position/status             PDMR

c)   Initial notification/       Initial Notification

     amendment

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

a)   Name                        intu properties plc

b)   LEI                         213800JSNTERD5CJZO95

3.   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 transaction(s) has been
     conducted

a)   Description of the          ORDINARY SHARES OF 50P
     financial instrument
                                 ISIN: GB0006834344

b)   Nature of the transaction   Shares acquired under the intu properties plc Performance Share
                                 Plan.

c)   Price(s) and                Price(s)           Volume(s)

     volume(s)                   GBP pence          11,212
                                 267.60

d)   Aggregated information

     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     22 May 2017

f)   Place of the transaction    London Stock Exchange Main Market (XLON)

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