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 13 October 2017, that William McMorrow, a director of the Company, was awarded 38,012 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 share units granted to William McMorrow. No shares were purchased by William McMorrow. The transaction took place on the London Stock Exchange on 13 October 2017.
Following this purchase, William McMorrow is interested in 137,934 Ordinary Shares representing 0.11% 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 share 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 - 38,012 shares Price - £0 |
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g) |
Date of the transaction |
13 October 2017 |
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h) |
Place of the transaction |
London Stock Exchange |