REG-SEGRO PLC Director/PDMR Shareholding
31/05/2024 11:30
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Director/PDMR Shareholding
31 May 2024
SEGRO plc (the Company)
Director/PDMR Shareholding
On 29 May 2024, shares granted to Executive Directors of the Company under the
Long Term Incentive Plan (LTIP()) on 29 May 2019 reached the end of the
two-year holding period and were released as set out in the table below:
Name Number of shares released (gross)(1) Number of shares released
(net)
David Sleath 230,680 122,260
Soumen Das 171,418 90,851
1. LTIP awards are structured as conditional awards over ordinary shares in the
Company. The 2019 LTIP reached the end of the three-year performance period on
29 May 2022, following which the Remuneration Committee assessed the extent to
which the performance conditions of this award had been satisfied and
determined that 100 per cent of the award should vest. The 2019 LTIP awards
made to Executive Directors were subject to a further two-year compulsory
holding period, which ended on 29 May 2024. Further details of the operation
of the LTIP are available in the Company’s 2023 Annual Report and Accounts.
The Notification of Dealing Forms provided in accordance with the requirements
of the UK Market Abuse Regulation in relation to the transactions listed above
are set out below:
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name David Sleath
2. Reason for the notification
a) Position/status Chief Executive
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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, type of instrument Ordinary Shares of 10 pence each
Identification code
ISIN: GB00B5ZN1N88
b) Nature of the transaction Ordinary shares acquired following the release of conditional share awards
under the SEGRO plc Long Term Incentive Plan (LTIP).
c) Price(s) and volume(s) Price Volume Total
Nil
230,680
£0
d) Aggregated information N/A
e) Date of the transaction 29 May 2024
f) Place of the transaction Outside of a trading venue
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, type of instrument Ordinary Shares of 10 pence each
Identification Code
ISIN: GB00B5ZN1N88
b) Nature of the transaction Sale of Ordinary Shares to meet personal tax and national insurance
obligations arising from the release of an LTIP Award. The Ordinary Shares
sold to meet these obligations were sold in the main market of the London
Stock Exchange on 29 May 2024.
c) Price(s) and volume(s) Price Volume Total
£8.9298
108,420
£968,168.92
d) Aggregated information N/A
e) Date of the transaction 29 May 2024
f) Place of the transaction Main Market, London Stock Exchange (XLON)
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Soumen Das
2. Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name SEGRO plc
b) LEI 213800XC35KGM9NFC641
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, type of instrument Ordinary Shares of 10 pence each
Identification code
ISIN: GB00B5ZN1N88
b) Nature of the transaction Ordinary shares acquired following the release of conditional share awards
under the SEGRO plc Long Term Incentive Plan (LTIP).
c) Price(s) and volume(s) Price Volume Total
Nil
171,418
£0
d) Aggregated information N/A
e) Date of the transaction 29 May 2024
f) Place of the transaction Outside of a trading venue
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, type of instrument Ordinary Shares of 10 pence each
Identification Code
ISIN: GB00B5ZN1N88
b) Nature of the transaction Sale of Ordinary Shares to meet personal tax and national insurance
obligations arising from the release of an LTIP Award. The Ordinary Shares
sold to meet these obligations were sold in the main market of the London
Stock Exchange on 29 May 2024.
c) Price(s) and volume(s) Price Volume Total
£8.9298
80,567
£719,447.20
d) Aggregated information N/A
e) Date of the transaction 29 May 2024
f) Place of the transaction Main Market, London Stock Exchange (XLON)
Carys Smith
Senior Assistant Company Secretary
020 7451 9083
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