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

Release Date: 22/05/2018 17:00
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”)

22 May 2018


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 21 May 2018. The overall vesting percentage for the PSP was 19.2%.

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           liability at
                             vested)¹            £1.96 per
                                                     share
    Executive
    Directors

    David Fischel                40,357              18,968        21,389      0.0016%       1,272,433       0.0939%
    Matthew Roberts              31,043              14,591        16,452      0.0012%         433,387       0.0320%


    PDMRs

    Hugh Ford3                   12,808                6,020        6,788      0.0005%         102,043       0.0075%
    Susan Marsden                 4,352               4,3522            0      0.0000%          26,973       0.0020%
    Trevor Pereira3               8,877                4,173        4,704      0.0003%         107,464       0.0079%

    1.   All Directors and PDMRs allowed the Jointly Owned Shares attached to the Zero-Cost Options to lapse.
    2.   Susan Marsden opted to sell all vested shares.
    3.   Mrs Susan Ford will be the registered owner of the 6,788 shares to be retained by Hugh Ford arising from the exercise
         of his Zero-Cost Option and Mrs Samantha Pereira will be the registered owner of the 4,704 shares to be retained by
         Trevor Pereira arising from the exercise of his Zero-Cost Option, as set out above.


Susan Marsden
Group Company Secretary

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.

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              40,357
                                    196.0




d)    Aggregated information




      Aggregated volume             Not applicable

      Price

e)    Date of the transaction       21 May 2018

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              31,043
                                 196.0




d)   Aggregated information




     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     21 May 2018

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              12,808
                                 196.0




d)   Aggregated information

                                 Not applicable

     Aggregated volume

     Price

e)   Date of the transaction     21 May 2018

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              4,352
                                 196.0




d)   Aggregated information




     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     21 May 2018

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              8,877
                                 196.0




d)   Aggregated information




     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     21 May 2018

f)   Place of the transaction    London Stock Exchange Main Market (XLON)
1.   Details of PDMR/person closely associated with them ('PCA')

a)   Name                        Susan Ford

b)   Position/status             PCA of Hugh Ford

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 transferred for no consideration from Hugh Ford

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

     volume(s)                   GBP pence              6,788
                                 196.0




d)   Aggregated information




     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     21 May 2018

f)   Place of the transaction    London Stock Exchange Main Market (XLON)
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 transaction   Shares transferred for no consideration from Trevor Pereira

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

     volume(s)                   GBP pence              4,704
                                 196.0




d)   Aggregated information




     Aggregated volume           Not applicable

     Price

e)   Date of the transaction     21 May 2018

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

Date: 22/05/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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