KENNEDY WILSON EUROPE REAL ESTATE PLC
("KWE", the "Company")
DIRECTOR/PDMR DEALING
Kennedy Wilson Europe Real Estate Plc (LSE: KWE) announces that it was notified on 1 March 2017, that William McMorrow, a director of the Company, was awarded 19,006 ordinary shares in the capital of the Company (Ordinary Shares) at nil price per Ordinary Share. The Ordinary Shares were awarded pursuant to a vesting of restricted stock units granted to William McMorrow. No shares were purchased by William McMorrow. The transaction took place on the London Stock Exchange on 1 March 2017.
Following this purchase, William McMorrow is interested in 99,922 Ordinary Shares representing 0.08% of the issued Ordinary Share capital of the Company.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Notification of dealing form
1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
William McMorrow |
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2. |
Reason for the notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification /Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Kennedy Wilson Europe Real Estate Plc |
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b) |
LEI |
213800WIL553Z1T6DZ52 |
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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 |
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a) |
Description of the financial instrument, type of instrument
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Ordinary Shares |
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b) |
Identification code |
KWE |
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c) |
Currency |
GBP |
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d)
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Nature of the transaction |
Grant/award of ordinary shares pursuant to a restricted stock vesting event at nil price.
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e)
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Price(s) and volume(s) |
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f) |
Aggregated information - Aggregated volume Price |
Aggregated volume - 19,006 shares Price - £0 |
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g) |
Date of the transaction |
1 March 2017 |
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h) |
Place of the transaction |
London Stock Exchange |