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viewSt. Modwen Properties

St. Modwen Props - Director/PDMR Shareholding

RNS Number : 7954C
St. Modwen Properties PLC
12 February 2020
 

Date of issue: 12 February 2020

LEI: 213800WMV4WVES8TQH05

 

ST. MODWEN PROPERTIES PLC

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

St. Modwen Properties PLC (the "Company") was informed on 10 February 2020 that, also on 10 February 2020, the following transactions in the share capital of the Company took place:

 

As part of his personal financial planning, Mark Allan, an executive director of the Company, transferred 30,000 ordinary shares in the capital of the Company ("Shares") to his wife, Joanna Hellen, for nil consideration.

 

Mark Allan transferred, a further 241,287 Shares to be held on his behalf by Numis Nominees (Client) Limited, for nil consideration. Following the transfer, Mark Allan's beneficial interest in the Company's shares remains unchanged.

 

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Allan

2.

Reason for the notification

a)

Position / status

PDMR - Chief Executive

b)

Initial notification/amendment

Initial notification

3.

Details of issuer

a)

Name

St. Modwen Properties PLC

b)

LEI

213800WMV4WVES8TQH05

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

 

Identification Code

Ordinary shares of £0.10 each in St. Modwen Properties PLC

 

 

GB0007291015

b)

Nature of the transaction

Transfer of 30,000 shares to his wife, Joanna Hellen, for nil consideration.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00 per share

30,000

d)

Aggregated information

-    Aggregated volume

 

-    Aggregated price

N/A

 

e)

Date of the transaction

2020-02-10

f)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Joanna Hellen

2.

Reason for the notification

a)

Position / status

Person closely associated to Mark Allan, Chief Executive

b)

Initial notification/amendment

Initial notification

3.

Details of issuer

a)

Name

St. Modwen Properties PLC

b)

LEI

213800WMV4WVES8TQH05

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

 

Identification Code

Ordinary shares of £0.10 each in St. Modwen Properties PLC

 

 

GB0007291015

b)

Nature of the transaction

Transfer of 30,000 shares from spouse, Mark Allan, for nil consideration.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00 per share

30,000

d)

Aggregated information

-    Aggregated volume

 

-    Aggregated price

N/A

 

e)

Date of the transaction

2020-02-10

f)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Allan

2.

Reason for the notification

a)

Position / status

PDMR - Chief Executive

b)

Initial notification/amendment

Initial notification

3.

Details of issuer

a)

Name

St. Modwen Properties PLC

b)

LEI

213800WMV4WVES8TQH05

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

 

Identification Code

Ordinary shares of £0.10 each in St. Modwen Properties PLC

 

 

GB0007291015

b)

Nature of the transaction

Transfer of 241,287 shares to be held on behalf of Mark Allan by Numis Nominees (Client) Limited.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.00 per share

241,287

d)

Aggregated information

-    Aggregated volume

 

-    Aggregated price

N/A

 

e)

Date of the transaction

2020-02-10

f)

Place of the transaction

Outside a trading venue

 

 

 

For further information, please contact:

St. Modwen Properties PLC

www.stmodwen.co.uk

Mark Allan, Chief Executive

Tom Gough, Head of External Communications and Stakeholder Communications

0121 222 9400

 

 


FTI Consulting


Dido Laurimore

Ellie Sweeney

020 3727 1000

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: St. Modwen Properties

Price: 360.7437

Market: LSE
Market Cap: £802.21 m
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