St. Modwen Props: Notification of Transactions | Company Announcements

Friday 24 July, 2009

St. Modwen Props

Notification of Transactions

RNS Number : 2736W

St. Modwen Properties PLC

24 July 2009

St. Modwen Properties PLC

(the 'Company')

Notification of Transactions of Directors - 2009 PSP share awards

The Company announces that the following nil cost share awards under the Company's Performance Share Plan have been granted on 24 July 2009 to the following Executive Directors:

	Share Awards
William Oliver	294,694 shares
Timothy Haywood	172,381 shares
Stephen Burke	194,444 shares

The vesting of the 2009 Share Awards will be subject to the Company's performance for the three year period ended 31 May 2012, measured by reference to two performance tests: Net Asset Value Growth and Absolute Total Return.

24 July 2009

Enquiries:

St. Modwen Properties PLC	Tel: 0121 222 9400
Tim Haywood, Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

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