Wrap Text
Director/PDMR Awards and Vestings under the Annual Bonus Scheme and Performance Share Plan
Intu Properties plc (“intu”)
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code: ITU
intu properties plc
LEI: 213800JSNTERD5CJZO95
Director/PDMR Awards and Vestings under the Annual Bonus Scheme and
Performance Share Plan
1. AWARDS UNDER THE ANNUAL BONUS SCHEME AND PERFORMANCE SHARE PLAN (“PSP”)
Under the company’s annual bonus scheme arrangements, conditional awards of
the company’s ordinary shares have been made to certain employees including
Executive Directors and PDMRs based on a market value of 208.28 pence per
share on 9 March 2018. The awards comprise restricted shares which will be
released two and three years after the date of the award, provided the
individual Director or PDMR has remained in service.
In addition, on the same date awards pursuant to the PSP have been made to
all Executive Directors and PDMRs based on a market value of 208.28 pence per
share. PSP awards will vest, subject to the satisfaction of performance
conditions, in three equal tranches over three, four and five years.
Details of the PSP awards and the awards of restricted shares to Executive
Directors and PDMRs in respect of the year ended 31 December 2017 are set out
below:
Annual Bonus Scheme PSP
(Restricted Share Awards)
Executive
2 years 3 years
Directors:
David Fischel 52,354 52,354 727,146
Matthew Roberts 41,322 41,322 573,926
PDMRs:
Martin Breeden 17,140 17,140 171,403
Hugh Ford 24,954 24,954 266,180
Barbara Gibbes 11,342 11,342 100,825
Susan Marsden 9,880 9,880 98,905
Gordon McKinnon 8,633 8,633 69,137
Trevor Pereira 17,572 17,572 175,724
Dushyant Sangar 21,245 21,245 169,963
Julian Wilkinson 13,251 13,251 132,513
2. VESTINGS UNDER THE ANNUAL BONUS SCHEME AND PSP
Awards under intu’s bonus plan and PSP which were granted in 2015 to certain
intu Executive Directors and PDMRs vested on 12 March 2018. The overall
vesting percentage for the PSP was 13.2%. The resultant changes to Executive
Directors’ and PDMRs’ interests in the Company’s shares are set out in the
following tables:
Bonus plan
Executive Shares Shares Shares Retained
Directors Vested sold at and % of Issued
£2.124 per Share Capital
share
(see note 1)
David Fischel 33,795 15,884 17,911 0.0013%
Matthew 26,537 12,473 14,064 0.0010%
Roberts
PDMRs Shares Shares sold Shares Retained
Vested at £2.124 and % of Issued
per share Share Capital
(see note 1)
Hugh Ford 13,493 13,493 Nil n/a
Susan Marsden 4,394 4,394 Nil n/a
Trevor 9,272 4,358 4,914 0.0003%
Pereira*
Dushyant 9,229 4,338 4,891 0.0003%
Sangar*
PSP
Executive Shares Shares Shares Retained & Total Holding and % of
Directors Vested sold £2.124 % of Issued Share Issued Share Capital
per share Capital (including bonus and PSP)
(see note 1)
David Fischel 18,783 8,829 9,954 0.0007% 1,214,423 0.0896%
Matthew Roberts 14,810 6,961 7,849 0.0006% 388,765 0.0287%
PDMRs Shares Shares sold Shares Retained & Total Holding and % of
Vested at £2.124 % of Issued Share Issued Share Capital
per share Capital (including bonus and PSP)
(see note 1)
Hugh Ford 6,557 6,557 Nil n/a 95,255 0.0070%
Susan Marsden 2,077 2,077 Nil n/a 26,973 0.0020%
Trevor Pereira* 4,545 2,137 2,408 0.0002% 104,365 0.0077%
Dushyant 3,305 1,554 1,751 0.0001% 31,142 0.0023%
Sangar*
*Mrs Samantha Pereira will be the registered owner of the 7,322 shares to be
retained by Trevor Pereira and Mrs Shivalee Sangar will be the registered
owner of the 6,642 shares to be retained by Dushyant Sangar arising from the
exercise of the shares, as set out above.
Note 1: David Fischel, Matthew Roberts, Trevor Pereira and Dushyant Sangar
sold sufficient shares to cover their tax and ni liability arising on
vesting.
Susan Marsden
Company Secretary
13 March 2018
JSE 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.
1. Details of PDMR/person closely associated with them ('PCA')
a) Name David Fischel
b) Position/status CEO
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 831,854
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Matthew Roberts
b) Position/status CFO
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan..
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 656,570
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Martin Breeden
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 205,683
208.28
d) Aggregated
information Not applicable
Aggregated volume
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 316,088
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Barbara Gibbes
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 123,509
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 118,665
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Gordon McKinnon
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 86,403
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 210,868
208.28
d) Aggregated
information
Not applicable
Aggregated volume
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Dushyant Sangar
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 212,453
208.28
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Julian Wilkinson
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 Shares awarded for no consideration under the
transaction intu properties plc annual bonus scheme and
performance share plan.
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 159,015
208.28
d) Aggregated
information
Not applicable
Aggregated volume
Price
e) Date of the 9 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name David Fischel
b) Position/status CEO
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 Shares acquired under the intu properties plc
transaction annual bonus scheme arrangements and
Performance Share Plan
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 52,578
212.40
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Matthew Roberts
b) Position/status CFO
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 Shares acquired under the intu properties plc
transaction annual bonus scheme arrangements and
Performance Share Plan
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 41,347
212.40
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
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 Shares acquired under the intu properties plc
transaction annual bonus scheme arrangements and Performance
Share Plan
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 20,050
212.40
d) Aggregated
information Not applicable
Aggregated volume
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
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 Shares acquired under the intu properties plc
transaction annual bonus scheme arrangements and
Performance Share Plan
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 6,471
212.40
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
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 Shares acquired under the intu properties plc
transaction annual bonus scheme arrangements and
Performance Share Plan
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 13,817
212.40
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Dushyant Sangar
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 Shares acquired under the intu properties plc
transaction annual bonus scheme arrangements and
Performance Share Plan
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 12,534
212.40
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Samantha Pereira
b) Position/status PCA of Trevor Pereira
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 Shares transferred for no consideration from
transaction Trevor Pereira
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 7,322
212.40
d) Aggregated
information
Not applicable
Aggregated volume
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
1. Details of PDMR/person closely associated with them ('PCA')
a) Name Shivalee Sangar
b) Position/status PCA of Dushyant Sangar
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 Shares transferred for no consideration from
transaction Dushyant Sangar
c) Price(s) and Price(s) Volume(s)
volume(s) GBP pence 6,642
212.40
d) Aggregated information
Aggregated volume Not applicable
Price
e) Date of the 12 March 2018
transaction
f) Place of the London Stock Exchange Main Market (XLON)
transaction
Date: 13/03/2018 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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