NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
1. Name of the issuer
ST. MODWEN PROPERTIES PLC
2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2 R; or
(ii) a disclosure made in accordance LR 9.8.6R(1); or
(iii) a disclosure made in accordance with section 793 of the Companies Act 2006
NOTIFICATION RELATES TO (i) ABOVE
3. Name of person discharging managerial responsibilities/director
STEPHEN BURKE – DIRECTOR & PDMR
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
NOTIFICATION RELATES TO PERSON NAMED IN 3 ABOVE
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES OF 10P EACH
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
STEPHEN BURKE
8. State the nature of the transaction
EXERCISE OF PERFORMANCE SHARE PLAN AWARDS AND SALE OF SUFFICIENT SHARES TO FUND TAX LIABILITY
9. Number of shares, debentures or financial instruments relating to shares acquired
180,626
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.08%
11. Number of shares, debentures or financial instruments relating to shares disposed
84,896
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.04%
13. Price per share or value of transaction
AWARDS WERE IN THE FORM OF NIL-COST OPTIONS. SALE PRICE WAS 269.10P
14. Date and place of transaction
29 APRIL 2013
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
364,883 (0.17%)
16. Date issuer informed of transaction
1 MAY 2013
If a person discharging managerial responsibilities has been granted options by the issuer complete the following:
17. Date of Grant
N/A
18. Period during which or date on which exercisable
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercis
N/A
22. Total number of shares or debentures over which options held following notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
TANYA STOTE, COMPANY SECRETARY, 0121 222 9400
Name of authorised official of issuer responsible for making notification
TANYA STOTE, COMPANY SECRETARY
Date of notification
2 MAY 2013
